Licking Rural Electric

Electricity Rates, Plans & Statistics

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About Licking Rural Electric

Licking Rural Electric supplies electricity to 5 counties in Ohio and is considered an electricity cooperative. There are 26,344 customer accounts receiving service from the company. These customers are made up of 55 industrial customers, 1,661 commercialproperties and 24,628 residential properties. The residential electricity rate for consumers of Licking Rural Electric is, on average, 14.24 cents per kilowatt hour . This is higher than both the state and nationwide average rates of 12.79 and 14.11 cents per kilowatt hour, respectively. The company had sales of 396,185 megawatt hours in 2020 through retail sales. The electricity sourced by the company primarily came from megawatt hours that they procured by way of the wholesale market. They purchased 421,184 wholesale megawatt hours. In 2020, they made a total of $56,845,800 from business activities relating to the sale and transfer of electricity. They had 97.39% of their revenue coming from retail sales to end users.

The average monthly residential electric bill for a customer of Licking Rural Electric is $154.58 per month. The provider currently does not generate their own electricity. Instead, they must purchase that electricity at wholesale prices and then resell it at a higher rate to end users.

Energy Loss

Licking Rural Electric currently has a loss of approximately 5.94% of the electricity that they produce. This percentage of loss gives them a ranking of 1131st best out of 3509 providers who report energy loss in the US.

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 Electricity Rates:

Price Per kWhAverage Bill$0.145/kWh$0.139/kWh$156.87/mo.$151.02/mo.
2327th14.24¢Licking Rural Electric's Average residential price per kWh
2660th$154.58Average monthly electricity bill for Licking Rural Electric's residential customers

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

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Energy Loss

Licking Rural Electric's energy loss due to business operations.

-5.94%

Total Energy Loss

24,999MWh

1131 National Rank

Licking Rural Electric Coverage Map

Coverage Map Placeholder

Licking Rural Electric State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Ohio26,34455,361,50017100%

Licking Rural Electric County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Ashland County52,4476114.67$123.52/mo
Coshocton County36,6125815.62$136.57/mo
Knox County62,7215915.45$134.59/mo
Licking County178,5196015.59$136.26/mo
Richland County124,9366414.96$127.21/mo

Cities Licking Rural Electric Has Coverage

* City coverage generated based on government data. Always verify you can get service from the provider.

Licking Rural Electric Reviews

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Licking Rural Electric FAQ:

What is the phone number for Licking Rural Electric?

Licking Rural Electric's customer service phone number is (800) 255-6815

How much is the average bundled bill for Licking Rural Electric customers each month?

Customers of Licking Rural Electric pay, on average, a monthly bundled bill of $154.58.

Does Licking Rural Electric have a parent company?

Licking Rural Electric is a subsidiary of The Energy Cooperative.

What is the average bundled electricity rate for Licking Rural Electric customers?

Customers of Licking Rural Electric, on average, have an electricity bundled rate 14.24 cents per kilowatt hour (¢/kWh).

Who is the CEO of Licking Rural Electric?

Licking Rural Electric's current CEO is Todd Ware.

How many counties does Licking Rural Electric offer service in?

There are 5 counties that receive at least some electricity coverage by Licking Rural Electric.

What cities does Licking Rural Electric supply electricity in?

Licking Rural Electric has customers in 16 cities in the US including Ohio.

Last Reviewed By: Alex Zdanov
Published: 2022-08-01