Jasper-Newton Electric Cooperative

About Jasper-Newton Electric Cooperative

Jasper-Newton Electric Cooperative is an electric cooperative. The largest county served by Jasper-Newton Electric Cooperative is Angelina County, but the company also provides electricity in 5 counties in Texas. At the time of the most recent government reports, the company listed a total of 23,896 electricity customers. This total is made up of 88.86% residential customer accounts, 10.34% commercial customer accounts and 0.79% industrial customers. On average, Jasper-Newton Electric Cooperative bills their consumers a residential electricity price of 14.62 cents per kilowatt hour. Sadly, this is 0.05% higher than the state's average price of 14.61 cents. In 2022 they had retail sales of 468,261 megawatt hours. Wholesale power purchases made up 100.00% of all electricity sourced . Exactly 510,919 megawatt hours were purchased by way of the wholesale market. In 2022, they made a total of $63,650,700 from business activities relating to the sale and transfer of electricity. They had 92.34% of their revenue coming from retail sales to end users.

The nationwide average monthly residential electric bill is $136.59, while the Jasper-Newton Electric Cooperative average is 15.37% higher at $157.58 per month. Jasper-Newton Electric Cooperative is the 2270th ranked company in the United States for average monthly bill total. The electricity grid owned by the provider experiences 4.85 outages per customer per year, with outages lasting an average of 590.04 minutes. The US average for other providers is 1.45 outages per customer and 171.11 minutes each outage. Electricity production is not handled in house at the company, as they purchase electricity at wholesale rates from other companies and then resell to their consumers.