Jackson Electric Company

About Jackson Electric Company

Jackson Electric Company serves electricity to Jackson, Georgia and is a municipally owned entity. There are 1,672 customer accounts who are served by the supplier. These customer accounts are made up of 0.84% industrial customers, 24.22% commercial properties and 74.94% residential properties. On average, Jackson Electric Company's patrons purchase residential electricity for 7.26 cents per kilowatt hour. Fortunately for their customers, this price is lower than both the Georgia and the nationwide average rates of 13.81 and 15.64 cents per kilowatt hour, respectively. Approximately 2,752 megawatt hours were sold to other suppliers via the wholesale market in 2019. The electricity sourced by Jackson Electric Company is made up primarily of megawatt hours they procured on wholesale channels. Of the electricity sourced by the company, whole purchased made up 100.00%. In 2019, the supplier earned 97.72% of their revenue from retail electricity sales to end users and 2.28% via sales via wholesale electricity channels. Their revenue from electricity related activities was $5,492,000.

Consumers of the company pay an average residential electricity bill of $132.65. This is 0.03% below the nationwide average bill of $132.69. Electricity production is not part of the Jackson Electric Company business plan, as they purchase electricity at wholesale rates and then resell to their consumers.