Jackson Purchase Energy

About Jackson Purchase Energy

Jackson Purchase Energy serves electricity to 6 counties in Kentucky including counties like McCracken County, Graves County, Marshall County, Livingston County, and Ballard County. The entity is an electric cooperative. At the time of the most recent government reports, the provider had a total of 29,899 electricity customers signed on for their services. This total is made up of 83.63% residential customer accounts, 16.33% commercial customer accounts and 0.04% industrial customers. On average, Jackson Purchase Energy charges their customers a residential electricity price of 14.87 cents per kilowatt hour. This is 5.62% below the nationwide average price of 15.76 cents. The company sold 769,356 megawatt hours through retail sales in 2022. The electricity sourced by Jackson Purchase Energy is made up primarily of megawatt hours they acquired via wholesale channels. This category makes up 100.00% of all electricity sourced. The revenue for the company for 2022 from electricity sales was $98,795,000, with 98.65% coming from retail sales to end users.

Consumers of the company pay an average monthly residential electric bill of $172.77. This is 33.68% more than the Kentucky average bill of $127.19. The supplier currently does not produce any of the electricity that they sell. Instead, they must purchase that electricity at wholesale rates and then resell it to end consumers. The electricity grid owned by the company experiences an average of 1.61 outages per customer per year, with outages lasting an average of 134.37 minutes. The national average for other suppliers is 1.45 outages per customer and about 171.11 minutes an outage.