Jasper, Texas Electric Utility

About Jasper, Texas Electric Utility

Jasper, Texas Electric Utility is a municipally owned organization with headquarters in Jasper, Texas and supplying power to customers in Jasper,Texas. The supplier recently reported a total of 4,487 total customers, 77.60% of which are residential accounts, 22.31% are commercial customer accounts and 0.09% are industrial customers. Jasper, Texas Electric Utility's patrons are billed an average residential electricity rate of 11.17 cents per kilowatt hour . This is lower than both the state and the nationwide average prices of 14.01 and 15.64 cents per kilowatt hour, respectively. Of the 101,768 megawatt hours the provider sold and dispossessed, 91.61% were from retail sales. During the same timeframe, Jasper, Texas Electric Utility procured 101,768 megawatt hours via wholesale electricity channels. Their total revenue in 2019 was $12,081,000 and came from sales to retail electricity customers alone.

Patrons of the provider have an average monthly residential electric bill of $124.87. This is 5.89% less than the US average bill of $132.69. Electricity production is not part of the Jasper, Texas Electric Utility business plan, as they purchase power at wholesale rates to then be resold to their customers.