Licking Rural Electric
About Licking Rural Electric
Licking Rural Electric is an electricity cooperative headquartered in Newark, Ohio and supplying electricity to customers in Ohio. On recent government reports, the company had a total of 26,344 electricity customers. This total is made up of 55 industrial customer accounts, 1,661 commercial accounts and 24,628 residential accounts. Licking Rural Electric's customers are billed an average residential electricity rate of 14.24 cents per kilowatt hour, which is 12.49% more than the average Ohio rate of 12.66 cents and 6.24% above the US average of 13.40. The company had sales of 396,185 megawatt hours in 2020 by way of retail sales. The electricity sourced by the supplier primarily came from megawatt hours that they purchased on the wholesale market. They purchased 421,184 wholesale megawatt hours. Their revenue in 2020 from electricity activities was $56,845,800, with 97.39% coming from retail sales to end users.
The average monthly residential electricity bill for a consumer of Licking Rural Electric is $154.58 per month. Consumers of the provider have a 35.46% markup compared to the rest of the state. The supplier currently does not produce any of the electricity that they sell. Instead, they must purchase that electricity at wholesale prices and then resell it at a higher rate to end users.
All providers who generate electricity have some amount of energy loss from heat depletion or alternative factors. Licking Rural Electric is no different, as they have a yearly loss of about 5.94% of the total electricity they transmit. Licking Rural Electric's energy loss amounts leave them with a ranking of 52nd best out of the 116 providers that operate in the state and report energy loss and 1132nd best out of 3510 in the nation.
Licking Rural Electric Rate & Electric Bills
Licking Rural Electric residential electric rates are highest in January and the highest average bill is in December.
Historical Electric Rates:
Licking Rural Electric Overview
- Company Type:Cooperative
- Parent Company:The Energy Cooperative
- Headquarters:1500 Granville Road
Newark, Ohio 43055
United States of America
- CEO:Todd Ware
Licking Rural Electric Contact
Licking Rural Electric Service
- States Served:
- Counties Served:
- Licking County
- Richland County
- Knox County
- Ashland County
- Coshocton County
- Major Cities Served:
- Mount Vernon
- New Albany
- Apple Valley CDP
- Beechwood Trails CDP
- Table Of Contents:
Licking Rural Electric's energy loss due to business operations.
Total Energy Loss
1132 National Rank
Licking Rural Electric Coverage Map
Licking Rural Electric State Coverage
|State||Customers||Sales ($)||State Rank Based On Revenue||% of Provider's Residential Sales in State|
Licking Rural Electric County Coverage
Cities Licking Rural Electric Has Coverage
- Bellville, OH
- Danville, OH
- Gambier, OH
- Granville, OH
- Hanover, OH
- Heath, OH
- Johnstown, OH
- Loudonville, OH
- Martinsburg, OH
- Mount Vernon, OH
- New Albany, OH
- Newark, OH
- Pataskala, OH
- Perrysville, OH
- St. Louisville, OH
- Utica, OH
* City coverage generated based on government data. Always verify you can get service from the provider.
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Licking Rural Electric FAQ:
What company is Licking Rural Electric owned by?
Licking Rural Electric is a subsidiary of The Energy Cooperative.
What is the average bundled electricity rate for Licking Rural Electric customers?
The average bundled price of electricity for customers of Licking Rural Electric is 14.24 cents per kilowatt hour (¢/kWh).
What is the average bundled bill for Licking Rural Electric customers each month?
Consumers of Licking Rural Electric pay, on average, a monthly bundled bill of $154.58.
What cities does Licking Rural Electric provider electricity in?
Licking Rural Electric has customers in 16 cities throughout the nation.
How many counties does Licking Rural Electric have customers in in?
There are 5 counties that receive at least some electricity coverage by Licking Rural Electric.
What is the phone number for Licking Rural Electric?
The Licking Rural Electric phone number is (800) 255-6815.
Who is the CEO of Licking Rural Electric?
Licking Rural Electric’s CEO is Todd Ware.