Kingfisher, Oklahoma Electric Utility

About Kingfisher, Oklahoma Electric Utility

Kingfisher, Oklahoma Electric Utility provides electricity in Kingfisher, Oklahoma. At the moment, 2,426 consumers receive their electricity from the supplier. These customers are a mix of 1,975 residential locations and 451 commercial properties. The residential electricity price for patrons of Kingfisher, Oklahoma Electric Utility is, on average, 10.70 cents per kilowatt hour . This is less than both the state and the United States average prices of 12.42 and 16.22 cents per kilowatt hour, respectively. There were a total of 51,189 megawatt hours sold via retail sales in 2019 by the provider. The electricity sourced by the company is made up of multiple sources including megawatt hours they produce and other megawatt hours acquired on wholesale channels. Of the total electricity sourced by the company, these two categories comprise 0.15% and 99.85%, respectively. The supplier earned $5,451,000 in total revenue for 2019, which all came from retail electricity sales.

The Oklahoma average monthly residential electric bill is $135.12, while the Kingfisher, Oklahoma Electric Utility average is 12.40% less at $117.33 per month. This is the 27th lowest average monthly bill amount for a supplier in the state. The provider currently does not produce their own electricity. Instead, they must purchase that electricity at wholesale prices from other suppliers and then resell it at a higher rate to end customers. Kingfisher, Oklahoma Electric Utility ranks as the 38th highest electricity producer out of 87 suppliers in Oklahoma. Production by the provider from natural gas totals 10.66 megawatt hours, which is about 5.07% of their total generation.