Electricity Rates, Plans & Statistics
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Lighthouse Electric Rate & Electric Bills
Lighthouse Electric residential electric rates are highest in January and the highest average bill is in December.
Historical Electricity Rates:
About Lighthouse Electric
Lighthouse Electric is an electric cooperative headquartered in Floydada, Texas and providing power to customers in 4 counties in Texas including counties like Hale County, Floyd County, Crosby County, and Motley County. Presently, 9,374 consumers are provided electricity by the provider. These customers are a mix of 40.53% residential locations, 4.56% commercial accounts and 54.92% industrial properties. On average, Lighthouse Electric bills their customers a residential electricity rate of 13.94 cents per kilowatt hour, which is, sadly, 1.99% higher than the average national price of 13.67 cents. In 2020 the company sold 284,123 megawatt hours via retail sales to end users. The purchase of wholesale electricity made up 100.00% of the electricity sourced by the company. Through electricity sales to end users , The company earned $30,369,000 in 2020.
The average monthly residential power bill for a consumer of Lighthouse Electric is $80.66. Patrons of the company pay 33.33% less compared to the rest of the US. Electricity production is not part of the Lighthouse Electric business plan, as they purchase power at wholesale rates to then be resold to their customers.
Net metering is available to consumers of Lighthouse Electric. This is a positive for any consumer potentially installing solar panels, as net metering allows them to sell their excess electricity back to the grid.
Energy loss is part of the process when dealing with electricity transmission. Lighthouse Electric currently averages a loss of approximately 8.45% of the electricity they produce. The state of Texas has an energy loss average of 0.99% and the US average is 2.76%, resulting in Lighthouse Electric receiving a rank of 132nd best out of 183 companies reporting energy loss in Texas.
Lighthouse Electric Overview
- Company Type:Cooperative
Floydada, Texas 79235
United States of America
- CEO:Albert Daniel
Lighthouse Electric Contact
- Customer Service Phone:(806) 983-2814
- Social Media:
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Lighthouse Electric's energy loss due to business operations.
Total Energy Loss
1356 National Rank
Lighthouse Electric Coverage Map
Lighthouse Electric State Coverage
|State||Customers||Sales ($)||State Rank Based On Revenue||% of Provider's Residential Sales in State|
Lighthouse Electric County Coverage
Cities Lighthouse Electric Has Coverage
- Crosbyton, TX
- Floydada, TX
* City coverage generated based on government data. Always verify you can get service from the provider.
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Lighthouse Electric FAQ:
What is the phone number for Lighthouse Electric?
The Lighthouse Electric phone number is (806) 983-2814.
How much is the average bundled bill for Lighthouse Electric customers each month?
Customers of Lighthouse Electric pay, on average, a monthly bundled bill of $80.66.
What is the average bundled electricity rate for Lighthouse Electric customers?
Consumers of Lighthouse Electric, on average, have an electricity bundled rate 13.94 cents per kilowatt hour (¢/kWh).
Who is the CEO of Lighthouse Electric?
The current CEO of Lighthouse Electric is Albert Daniel.
What cities does Lighthouse Electric sell electricity in?
Lighthouse Electric has customers in 2 cities in the nation including Texas.
How many counties does Lighthouse Electric sell electricity to?
Lighthouse Electric offers service in 4 counties in the country.