Lockhart Electric: Rates and Coverage Area

Lockhart Electric

Electricity Rates, Plans & Statistics

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About Lockhart Electric

Lockhart Electric supplies electricity in Lockhart, Texas. They presently provide electricity to residential, commercial and industrial customer accounts, with a total of 15 industrial customer accounts, 855 commercial accounts and 4,818 residential customers signed on for their services. The average residential electricity rate for consumers of Lockhart Electric is around 11.40 cents per kilowatt hour . This is less than both the Texas and the US average prices of 14.40 and 15.68 cents per kilowatt hour, respectively. Of the 115,467 megawatt hours Lockhart Electric sold and dispossessed, 93.98% were from retail sales. Of the megawatt hours they sourced, 122,837 megawatt hours were procured by way of the wholesale electricity market. The total revenue for the provider in 2019 was $11,200,000, which was earned entirely through electricity sales to retail customers.

Patrons of the company pay an average residential electric bill of $117.06. This is 35.53% below the state average bill of $165.3. Electricity production is not handled in house at the company, as they purchase electricity at wholesale rates from other suppliers and then resell to their end users.

Lockhart Electric Net Metering

Thankfully, Lockhart Electric offers net metering options to their customers. Net metering makes solar panel purchases more economically feasible as it allows consumers to sell electricity back to their provider.

Lockhart Electric Rate & Electric Bills

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

Historical Electricity Rates:

Price Per kWhAverage Bill$0.117/kWh$0.098/kWh$181.75/mo.$77.97/mo.
630th11.40¢Lockhart Electric's Average residential price per kWh
1329th$117.06Average monthly electricity bill for Lockhart Electric's residential customers

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Lockhart Electric Overview

  • Company Type:Municipal
  • Headquarters:214 Bufkin Lane
    Lockhart, Texas 78644
    United States of America
  • Director/Superintendent:Bobby Leos

Lockhart Electric Contact

Lockhart Electric Service

  • States Served:
    • Texas
  • Counties Served:
    • Caldwell County
  • Major Cities Served:

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Lockhart Electric Coverage Map

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Lockhart Electric State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Texas5,68811,831,642.01160100%

Lockhart Electric County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Caldwell County45,2864613.55$153.25/mo

Lockhart Electric Reviews

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Lockhart Electric FAQ:

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

Consumers of Lockhart Electric pay, on average, a monthly bundled bill of $117.06.

What is the phone number for Lockhart Electric?

You can reach Lockhart Electric by phone via (512) 398-6117.

Who is the CEO of Lockhart Electric?

Lockhart Electric's CEO is Bobby Leos.

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

Lockhart Electric's current average bundled electricity rate is 11.40 cents per kilowatt hour (¢/kWh), compared to the average Texas bundled rate of 14.40 cents and the average national rate of 15.68 cents.

King Manalo
Last Reviewed By: King Manalo
Published: 2024-01-14