Lexington Electric
Electricity Rates, Plans & Statistics
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About Lexington Electric
Lexington Electric is a municipally owned organization. The largest county served by Lexington Electric is Henderson County, but the company also provides electricity in 3 counties in Tennessee. Presently, 22,842 customers are provided electricity by the company. These customers are a mix of 17,776 residential accounts, 5,059 commercial customer accounts and 7 industrial customers. The average residential electricity price for Lexington Electric is about 11.08 cents per kilowatt hour, which is 9.63% lower than the average state rate of 12.26 cents and 28.03% lower than the nationwide average of 15.39. In 2021 they had retail sales of 421,090 megawatt hours. Of the megawatt hours they sourced, 439,878 megawatt hours were procured by way of wholesale channels. In 2021, the company had revenue of $46,253,000 from retail electricity sales to end users.
Customers of the provider pay an average monthly residential electric bill of $118.93. This is 15.45% below the Tennessee average of $139.16. The supplier does not have ownership in any electricity generation facilities and all of the megawatt hours that they sell to their consumers must be purchased wholesale from other companies.
All companies who transmit electricity suffer from some energy loss via heat depletion or other factors. Lexington Electric is no different, as they average an annual loss of roughly 4.14% of the total electricity they generate. This percentage of loss results in them being given a rank of 780th best out of 3509 companies who report energy loss in the nation and 69th best out of 84 in the state.
Lexington Electric Rate & Electric Bills
Lexington Electric residential electric rates are highest in January and the highest average bill is in April.
Historical Electricity Rates:
Lexington Electric Overview
- Company Type:Municipal
- Headquarters:92 South Main Street
Lexington, Tennessee 38351
United States of America - Director/Superintendent:Jeff Graves
Lexington Electric Contact
- Website:www.lexingtonelectric.com
- Customer Service Phone:(731) 968-3662
- Contact Page:www.lexingtonelectric.com
Lexington Electric Service
- Rates & Plans:www.lexingtonelectric.com
- States Served:
- Tennessee
- Counties Served:
- Henderson County
- Hardin County
- Decatur County
- Major Cities Served:
- Lexington
- Parsons
- Scotts Hill
- Decaturville
- Chesterfield CDP
- Saltillo
- Parker's Crossroads
- Darden CDP
- Sardis
- Luray CDP
- Table Of Contents:
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Energy Loss
Lexington Electric's energy loss due to business operations.
Total Energy Loss
18,219MWh
780 National Rank
Lexington Electric Coverage Map
Lexington Electric State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| Tennessee | 22,842 | 46,253,000 | 50 | 100% |
Lexington Electric County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Decatur County | 11,460 | 1 | 11.08 | $118.93/mo |
| Hardin County | 26,722 | 3 | 11.54 | $130.64/mo |
| Henderson County | 27,800 | 3 | 11.42 | $130.01/mo |
Cities Lexington Electric Has Coverage
- Decaturville, TN
- Lexington, TN
- Parker's Crossroads, TN
- Parsons, TN
- Saltillo, TN
- Sardis, TN
- Scotts Hill, TN
* City coverage generated based on government data. Always verify you can get service from the provider.
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Lexington Electric FAQ:
How much is the average bundled bill for Lexington Electric customers each month?
Currently, the average monthly bundled electric bill for customers of Lexington Electric is $118.93. The state average bundled bill is $139.16 and the national average is $139.16.
Who is the CEO of Lexington Electric?
Jeff Graves is the CEO of Lexington Electric.
What is the phone number for Lexington Electric?
Lexington Electric's customer service phone number is (731) 968-3662
What is the average bundled electricity rate for Lexington Electric customers?
The average bundled price of electricity for consumers of Lexington Electric is 11.08 cents per kilowatt hour (¢/kWh).
How many counties does Lexington Electric sell electricity to?
Lexington Electric sells electricity to customers in 3 counties in the United States.
What cities does Lexington Electric supply electricity to?
Lexington Electric supplies in 7 cities throughout the nation.
