Lake Region
Electricity Rates, Plans & Statistics
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About Lake Region
Lake Region supplies electricity to 5 counties and is classified as an electricity cooperative. There are 27,446 customers of the company. Exactly 197 of them are industrial customers, 1,588 are commercial customers and 25,661 of them are residential properties. Lake Region's average residential electricity rate per kilowatt hour is 11.91 cents per kilowatt hour, which ranks the company 32nd out of 93 companies in the state and 648th out of 2885 in the nation. In 2023 Lake Region had sales to end customers totaling 459,389 megawatt hours. During the same timeframe, Lake Region procured 480,901 megawatt hours by way of wholesale electricity channels. The total revenue for the company in 2023 from electricity sales was $55,055,000, with 94.27% coming from retail sales to end users.
The Oklahoma average monthly residential electricity bill is $134.64, while the Lake Region average is 11.56% more at $151.17 per month. Lake Region is the 71st ranked company in the state for average monthly bill total. Consumers of the supplier deal with 1 power outages on average each year, with outages lasting around 93.11 minutes on average. The national averages for outages and duration are 1.44 outages at 123.49 minutes each. The company currently does not produce any of the electricity that they sell. Instead, they must purchase that electricity at wholesale prices from other suppliers and then resell it at a higher rate to end consumers.
Net metering is available to consumers of Lake Region. The purchase of solar panels and alternative electricity sources is often too expensive for private individuals. Net metering allows purchasers of these electricity sources to sell extra megawatt hours into the grid, making the installation of these alternative sources economically feasible.
Lake Region reported a yearly loss of around 4.30% of the electricity that they transmit. Loss of energy due to heat dissipation during electricity transmission and other causes is a reality of being in the electricity generation industry and providers must report these losses. This percentage of electricity lost earns them a rank of 899th best out of 3530 suppliers who report energy loss in the US and 19th best out of 87 in the state.
Lake Region Rate & Electric Bills
Lake Region residential electric rates are highest in April and the highest average bill is in August.
Historical Electricity Rates:
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Lake Region Overview
- Company Type:Cooperative
- Headquarters:516 South Lake Region Road
Hulbert, Oklahoma 74441
United States of America - CEO:Scott Manes
Lake Region Contact
- Website:www.lrecok.coop
- Customer Service Phone:(918) 772-2526
- Contact Page:www.lrecok.coop
- Social Media:
Lake Region Service
- Rates & Plans:www.lrecok.coop
- Outage Map:www.lrecok.coop
- States Served:
- Oklahoma
- Counties Served:
- Rogers County
- Wagoner County
- Muskogee County
- Cherokee County
- Mayes County
- Major Cities Served:
- Tahlequah
- Coweta
- Wagoner
- Park Hill CDP
- Inola
- Norwood CDP
- Whitehorn Cove CDP
- Grandview CDP
- Woodall CDP
- Briggs CDP
Energy Loss
Lake Region's energy loss due to business operations.
Total Energy Loss
20,655MWh
899 National Rank
Grid Reliability
Length & Frequency of Lake Region's Power Outages
93.11 min.
vs. national average of 123.49 min.
1 outages/yr
vs. national average of 1.44
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Lake Region Coverage Map
Lake Region State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| Oklahoma | 27,488 | 56,068,117.26 | 22 | 100% |
Lake Region County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Cherokee County | 47,307 | 4 | 12.17 | $142.31/mo |
| Mayes County | 39,303 | 4 | 12.62 | $141.30/mo |
| Muskogee County | 66,354 | 4 | 12.14 | $141.68/mo |
| Rogers County | 98,836 | 5 | 12.29 | $156.44/mo |
| Wagoner County | 86,644 | 5 | 12.08 | $140.50/mo |
Cities Lake Region Has Coverage
- Coweta, OK
- Fair Oaks, OK
- Hulbert, OK
- Inola, OK
- Oaks, OK
- Okay, OK
- Porter, OK
- Tahlequah, OK
- Tullahassee, OK
- Wagoner, OK
* City coverage generated based on government data. Always verify you can get service from the provider.
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Lake Region FAQ:
How many counties does Lake Region sell electricity in?
Lake Region offers service in 5 counties throughout the United States.
What is the phone number for Lake Region?
The Lake Region phone number is (918) 772-2526.
Who is the CEO of Lake Region?
The current CEO of Lake Region is Scott Manes.
How much is the average bundled bill for Lake Region customers each month?
Lake Region currently has an average monthly bundled electric bill of $151.17, compared to the Oklahoma average of $134.64 and the United States average of $134.64 for bundled service.
When will Lake Region power be restored?
The average number of minutes for an outage for Lake Region's customers is 93.105 minutes.
What is the average bundled electricity rate for Lake Region customers?
Customers of Lake Region, on average, have an electricity bundled rate 11.91 cents per kilowatt hour (¢/kWh).
What cities does Lake Region offer service in?
Lake Region provides electricity to 10 cities.
