Licking Valley RECC
Electricity Rates, Plans & Statistics
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About Licking Valley RECC
Licking Valley RECC provides electricity to 4 cities throughout Kentucky. Electricity suppliers must regularly report their customer counts to government agencies. Recently the supplier listed a total of 17,597 customers receiving electricity from the company. Exactly 16,505 of these are residential properties, 1,085 are commercial customers and 7 are industrial accounts. Licking Valley RECC averages 14.47 cents per kilowatt hour charged to their customers for residential electricity, which is 15.58% more than the average Kentucky price of 12.52 cents and 7.47% below the national average of 15.64. In 2022 the company had retail sales of 245,076 megawatt hours. During the same timeframe, the supplier purchased 262,390 megawatt hours through wholesale channels. The total revenue for Licking Valley RECC in 2022 from electricity sales was $34,923,000, with $34,366,000 from retail sales to end users.
The state average monthly residential electric bill is $125.94, while the Licking Valley RECC average is 10.65% higher at $140.07 per month. Licking Valley RECC is the 35th ranked company in the state for average monthly bill amount. Electricity generation is not part of the Licking Valley RECC business model, as they purchase electricity at wholesale rates and then resell to their customers. Customers of the company experience 1.6 power outages on average each year, with outages lasting an average of 153.46 minutes. The national averages for outages and duration are 1.27 outages at 137.24 minutes each.
Licking Valley RECC currently has a loss of roughly 6.60% of the electricity that they produce via heat dissipation and other causes. Licking Valley RECC's energy loss levels leave them with a rank of 43rd best out of the 58 providers that operate in the state and report energy loss and 1194th best out of 3517 in the US.
Licking Valley RECC Rate & Electric Bills
Licking Valley RECC residential electric rates are highest in January and the highest average bill is in August.
Historical Electricity Rates:
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Licking Valley RECC Overview
- Company Type:Cooperative
- Headquarters:271 Main Street West
Liberty, Kentucky 41472
United States of America - CEO:Kerry K. Howard
Licking Valley RECC Contact
- Website:www.lvrecc.com
- Customer Service Phone:(606) 743-3179
- Contact Page:www.lvrecc.com
- Social Media:
Licking Valley RECC Service
- Outage Map:ebill.lvrecc.com
- Outage Phone:(606) 743-7500
- States Served:
- Kentucky
- Counties Served:
- Morgan County
- Breathitt County
- Magoffin County
- Lee County
- Wolfe County
- Major Cities Served:See all cities
- Table Of Contents:
Energy Loss
Licking Valley RECC's energy loss due to business operations.
Total Energy Loss
17,314MWh
1194 National Rank
Grid Reliability
Length & Frequency of Licking Valley RECC's Power Outages
153.46 min.
vs. national average of 137.24 min.
1.6 outages/yr
vs. national average of 1.27
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Licking Valley RECC Coverage Map
Licking Valley RECC State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| Kentucky | 17,597 | 34,366,000 | 36 | 100% |
Licking Valley RECC County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Breathitt County | 13,652 | 2 | 14.00 | $151.48/mo |
| Lee County | 7,263 | 3 | 13.89 | $162.56/mo |
| Magoffin County | 11,818 | 2 | 14.33 | $143.38/mo |
| Menifee County | 6,149 | 2 | 13.62 | $147.47/mo |
| Morgan County | 13,772 | 2 | 14.43 | $140.89/mo |
| Wolfe County | 6,666 | 1 | 14.47 | $140.07/mo |
Cities Licking Valley RECC Has Coverage
* City coverage generated based on government data. Always verify you can get service from the provider.
Licking Valley RECC Reviews
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Licking Valley RECC FAQ:
When will Licking Valley RECC power be restored?
The average number of minutes for an outage for Licking Valley RECC's consumers is 153.46 minutes.
What is the average bundled electricity rate for Licking Valley RECC customers?
Licking Valley RECC's current average bundled electricity rate is 14.47 cents per kilowatt hour (¢/kWh), compared to the average state bundled rate of 12.52 cents and the average national rate of 15.64 cents.
Who is the CEO of Licking Valley RECC?
The CEO of Licking Valley RECC is Kerry K. Howard.
How many counties does Licking Valley RECC offer service in?
Licking Valley RECC offers service to customers in 6 counties throughout the US including Kentucky.
What is the phone number for Licking Valley RECC?
Licking Valley RECC's customer service phone number is (606) 743-3179
What is the average bundled bill for Licking Valley RECC customers each month?
The average monthly bundled electric bill for customers of Licking Valley RECC is $140.07. The state average bundled bill is $125.94 and the US average is $125.94.
What cities does Licking Valley RECC offer service to?
Licking Valley RECC supplies to 4 cities in the country including Kentucky.
