Lafayette Electric
Electricity Rates, Plans & Statistics
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About Lafayette Electric
Lafayette Electric is headquartered in LaFayette, Alabama and they serve electricity in the residents that call the city home. The company last reported a total of 1,457 customers. Exactly 21 of them are industrial properties, 223 are commercial customers and 1,213 are residential customers. Lafayette Electric's customers spend, on average, 11.47 cents per kilowatt hour for their electricity, which is 23.06% lower than the average Alabama rate of 14.91 cents. Roughly 34,910 megawatt hours were sold by the supplier to retail accounts in 2019. The electricity sourced by the company primarily came from megawatt hours that they purchased via the wholesale electricity market. They purchased 38,002 on the wholesale market. They earned $2,261,000 in 2019, which they earned entirely from electricity sales to end users.
The Alabama average monthly residential electricity bill is $164.27, while the Lafayette Electric average is 65.77% below at $76.99 per month. This is the 2nd lowest average monthly bill amount for a supplier in the state. Electricity production is not handled in house at the company, as they purchase electricity at wholesale rates from other companies and then resell to their customers.
Lafayette Electric Rate & Electric Bills
Lafayette Electric residential electric rates are highest in January and the highest average bill is in April.
Historical Electricity Rates:
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Lafayette Electric Overview
- Company Type:Municipal
- Headquarters:291 4th Place South East
LaFayette, Alabama 36862
United States of America - Director/Superintendent:Kenneth Vines
Lafayette Electric Contact
- Website:cityoflafayetteal.com
- Customer Service Phone:(334) 864-9581
- Contact Page:cityoflafayetteal.com
Lafayette Electric Service
- Outage Phone:(334) 864-1083
- States Served:
- Alabama
- Counties Served:
- Chambers County
- Major Cities Served:
- La Fayette
- Table Of Contents:
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Lafayette Electric Coverage Map
Lafayette Electric State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| Alabama | 1,457 | 3,113,000 | 58 | 100% |
Lafayette Electric County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Chambers County | 34,834 | 5 | 14.26 | $160.63/mo |
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Lafayette Electric FAQ:
What is the average bundled bill for Lafayette Electric customers each month?
The average monthly bundled electric bill for customers of Lafayette Electric is $76.99. The Alabama average bundled bill is $164.27 and the United States average is $164.27.
What is the phone number for Lafayette Electric?
The Lafayette Electric phone number is (334) 864-9581.
Who is the CEO of Lafayette Electric?
Lafayette Electric's current CEO is Kenneth Vines.
What is the average bundled electricity rate for Lafayette Electric customers?
Customers of Lafayette Electric, on average, have an electricity bundled rate 11.47 cents per kilowatt hour (¢/kWh).
