Lexington Electric provides electricity for 7 cities in Tennessee including cities such as Lexington, Parsons, Decaturville, Scotts Hill, and Chesterfield CDP. The entity is a municipally owned organization. Electricity companies must regularly report their customer counts to government agencies. In the most recent report the provider listed 22,660 customers receiving their services. Around 0.03% of these customers are industrial accounts, 21.91% are commercial customers and 78.06% are residential properties. On average, Lexington Electric charges their patrons a residential electricity rate of 10.76 cents per kilowatt hour, which is 0.68% less than the average state rate of 10.84 cents. Approximately 403,910 megawatt hours were sold by the supplier to retail end users in 2020. The electricity sourced by the provider primarily came from megawatt hours that they acquired via wholesale channels. They purchased 430,643 wholesale megawatt hours. Their total revenue for 2020 from electricity related activities was $44,210,900, with $43,189,000 from retail sales to end users.
About Lexington Electric
The average monthly residential power bill for a customer of Lexington Electric is $112.55, while the Tennessee average is $130.81. Patrons of the supplier have a 15.19% discount compared to other citizens of the state. Electricity generation is not part of the Lexington Electric business model, as they purchase electricity at wholesale rates from other suppliers to then be resold to their consumers.
Lexington Electric currently suffers from the loss of about 6.08% of the electricity that they generate. This percentage of electricity lost gives them a rank of 74th best out of 84 companies who report energy loss in the state.
Lexington Electric Rate & Electric Bills
Lexington Electric residential electric rates are highest in January and the highest average bill is in April.
Historical Electric Rates:
Lexington Electric Overview
- Company Type:Municipal
- Headquarters:92 South Main Street
Lexington, Tennessee 38351
United States of America
- CEO:Jeff Graves
Lexington Electric Contact
Lexington Electric Service
- Rates & Plans:www.lexingtonelectric.com
- States Served:
- Counties Served:
- Henderson County
- Hardin County
- Decatur County
- Major Cities Served:See all cities
- Table Of Contents:
Lexington Electric's energy loss due to business operations.
Total Energy Loss
1162 National Rank
Lexington Electric Coverage Map
Lexington Electric State Coverage
|State||Customers||Sales ($)||State Rank Based On Revenue||% of Provider's Residential Sales in State|
Lexington Electric County Coverage
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:
Who is the CEO of Lexington Electric?
Jeff Graves is the CEO of Lexington Electric.
How much is the average bill for Lexington Electric customers each month?
Customers of Lexington Electric pay, on average, a monthly bill of $112.55.
How many counties does Lexington Electric offer service in?
There are 3 counties that receive at least some electricity coverage by 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 electricity rate for Lexington Electric customers?
Consumers of Lexington Electric, on average, have an electricity rate 10.76 cents per kilowatt hour (¢/kWh).
What cities does Lexington Electric provider electricity in?
Lexington Electric provides electricity to 7 cities throughout the United States including, Tennessee.