About Lake Region
Lake Region is an electricity cooperative with headquarters in Hulbert, Oklahoma and supplying power to customers in 18 cities in Oklahoma such as the cities of Tulsa, Broken Arrow, Muskogee, Bixby, and Sapulpa. Presently, 25,075 consumers are supplied electricity by the supplier. These customers are a mix of 23,370 residential customer accounts, 1,560 commercial customers and 145 industrial locations. Lake Region charges their consumers a residential electricity rate of 10.60 cents per kilowatt hour on average, which is 8.81% below the average state price of 11.62 cents and 20.10% below the national average of 13.26. In 2020 the company sold 405,549 megawatt hours to end users (known as retail sales). Of the megawatt hours they sourced, 429,520 megawatt hours were acquired on the wholesale electricity market. In 2020, the provider made 96.93% of their revenue from retail electricity sales. Their revenue from electricity activities was $43,378,000.
The Oklahoma average monthly residential power bill is $125.77, while the Lake Region average is 2.94% higher at $122.3 per month. Lake Region ranks 61st in the state for average monthly bill amount. Electricity production is not part of the Lake Region business plan, as they purchase power at wholesale rates to then be resold to their end users.
Net metering services are available to customers of Lake Region. Installation of solar panels and other electricity sources is often too expensive for private citizens. Net metering allows purchasers of these electricity sources to sell unused wattage into the grid, making the installation of these alternative sources more financially friendly .
Electricity providers regularly submit data for energy lost through electricity transmission to government agencies who track infrastructure efficiencies. Lake Region recently reported a loss of 5.40% of the total electricity production total. The state of Oklahoma has an energy loss average of 3.39% and the national average is 2.76%, giving Lake Region a rank of 26th best out of 83 providers reporting energy loss in Oklahoma.
Lake Region Rate & Electric Bills
Lake Region residential electric rates are highest in January and the highest average bill is in January.
Historical Electric Rates:
Lake Region Overview
- Company Type:Cooperative
- Headquarters:516 South Lake Region Road
Hulbert, Oklahoma 74441
United States of America
- CEO:Scott Manes
Lake Region Contact
Lake Region Service
- States Served:
- Counties Served:
- Tulsa County
- Rogers County
- Wagoner County
- Muskogee County
- Cherokee County
- Major Cities Served:See all cities
- Table Of Contents:
Lake Region's energy loss due to business operations.
Total Energy Loss
1001 National Rank
Lake Region Coverage Map
Lake Region State Coverage
|State||Customers||Sales ($)||State Rank Based On Revenue||% of Provider's Residential Sales in State|
Lake Region County Coverage
Cities Lake Region Has Coverage
- Bixby, OK
- Broken Arrow, OK
- Coweta, OK
- Fair Oaks, OK
- Fort Gibson, OK
- Hulbert, OK
- Inola, OK
- Muskogee, OK
- Okay, OK
- Porter, OK
- Redbird, OK
- Sand Springs, OK
- Sapulpa, OK
- Taft, OK
- Tahlequah, OK
- Tullahassee, OK
- Tulsa, 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 much is the average bundled bill for Lake Region customers each month?
The average monthly bundled electric bill for customers of Lake Region is $122.30. The state average bundled bill is $125.77 and the US average is $125.77.
Who is the CEO of Lake Region?
The current CEO of Lake Region is Scott Manes.
How many counties does Lake Region provider electricity in?
Lake Region provides electricity in 6 counties in the US.
What is the phone number for Lake Region?
You can reach Lake Region by phone via (918) 772-2526.
What is the average bundled electricity rate for Lake Region customers?
Consumers of Lake Region, on average, have an electricity bundled rate 10.60 cents per kilowatt hour (¢/kWh).
What cities does Lake Region have customers in in?
Lake Region supplies to 18 cities.