Lighthouse Electric: Rates and Coverage Area

Lighthouse Electric

Electricity Rates, Plans & Statistics

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About Lighthouse Electric

Lighthouse Electric is an electric cooperative headquartered in Floydada, Texas and providing power to customers in 7 counties in Texas including counties like Hale County, Floyd County, Crosby County, Hall County, and Dickens County. The average residential electricity rate for patrons of Lighthouse Electric is roughly 17.15 cents per kilowatt hour. This is 9.37% above the nationwide average rate of 15.68 cents, ranking the supplier at 2550th out of 2893 providers in the nation for lowest average electricity price. In 2022 Lighthouse Electric sold 91.38% of their megawatt hours to end users (known as retail sales). Wholesale power purchases made up 100.00% of the total electricity sourced and 285,344 megawatt hours were purchased on the wholesale market. Their revenue for 2022 from electricity related activities was $35,755,300, with 97.85% coming from retail sales to end users.

The average monthly residential power bill for a consumer of Lighthouse Electric is $102.2. Patrons of the company pay 24.73% 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.

Lighthouse Electric Net Metering

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

Energy loss is part of the process when dealing with electricity transmission. Lighthouse Electric currently averages a loss of approximately 8.52% of the electricity they produce. The state of Texas has an energy loss average of 1.24% and the US average is 2.87%, resulting in Lighthouse Electric receiving a rank of 130th best out of 175 companies reporting energy loss in Texas.

Lighthouse Electric Rate & Electric Bills

Lighthouse Electric residential electric rates are highest in January and the highest average bill is in February.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.177/kWh$0.129/kWh$158.68/mo.$53.26/mo.
2550th17.15¢Lighthouse Electric's Average residential price per kWh
889th$102.2Average monthly electricity bill for Lighthouse Electric's residential customers

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Lighthouse Electric Overview

  • Company Type:Cooperative
  • Headquarters:US-70
    Floydada, Texas 79235
    United States of America
  • CEO:Albert Daniel

Lighthouse Electric Contact

Lighthouse Electric Service

  • Outage Phone:(806) 983-2814

Energy Loss

Lighthouse Electric's energy loss due to business operations.

-8.52%

Total Energy Loss

24,305MWh

1368 National Rank

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Lighthouse Electric Coverage Map

Coverage Map Placeholder

Lighthouse Electric State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Texas9,78235,347,663.34123100%

Lighthouse Electric County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Briscoe County1,2664413.64$152.08/mo
Crosby County5,265314.45$140.68/mo
Dickens County1,5694313.61$153.31/mo
Floyd County5,478315.40$124.68/mo
Hale County32,879514.47$134.67/mo
Hall County2,8754413.56$152.68/mo
Motley County1,2694313.62$152.99/mo

Cities Lighthouse Electric Has Coverage

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

Lighthouse Electric Reviews

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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 $102.20.

What is the average bundled electricity rate for Lighthouse Electric customers?

Consumers of Lighthouse Electric, on average, have an electricity bundled rate 17.15 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 6 cities in the nation including Texas.

How many counties does Lighthouse Electric sell electricity to?

Lighthouse Electric offers service in 7 counties in the country.

Fernando García
Last Reviewed By: Fernando García
Published: 2024-01-13