Lorain Medina Rural Electric

About Lorain Medina Rural Electric

Lorain Medina Rural Electric is headquartered in Wellington, Ohio and supplies electricity in 12 cities in the state. They currently supply electricity to residential, commercial and industrial customer accounts, with a total of 14,937 residential customer accounts, 1,571 commercial customers and 13 industrial accounts subscribed. Lorain Medina Rural Electric's consumers are charged an average residential electricity price of 13.68 cents per kilowatt hour, which is 3.16% more than the average US rate of 13.26 cents. In 2020 the company had retail sales of 319,011 megawatt hours. The electricity sourced was made up of megawatt hours that they purchased by way of the wholesale electricity market. They purchased 336,473 wholesale megawatt hours. In 2020, the company made a total of $38,901,500 from business activities relating to the sale and transfer of electricity. They had 98.04% of their revenue coming from retail sales to end users.

The nationwide average monthly residential electric bill is $117.93, while the Lorain Medina Rural Electric average is 39.23% more at $164.2 per month. Lorain Medina Rural Electric ranks 2778th in the United States for average monthly bill amount. The company does not have ownership in any electricity facilities and all of the megawatt hours that they sell to their consumers must be purchased wholesale from other providers.

Energy Loss

Lorain Medina Rural Electric currently suffers from the loss of around 5.19% of the electricity that they generate via heat dissipation and other causes. This percentage of energy lost results in them being given a rank of 952nd best out of 3510 suppliers reporting energy loss in the nation.

Lorain Medina Rural Electric Rate & Electric Bills

Lorain Medina Rural Electric residential electric rates are highest in January and the highest average bill is in September.

Historical Electric Rates:

Price Per kWHAverage Bill$0.137/kWh$0.131/kWh$165.73/mo.$152.37/mo.
2216th13.68¢Lorain Medina Rural Electric's Average residential price per kWh
2778th$164.2Average monthly electric bill for Lorain Medina Rural Electric's residential customers

Lorain Medina Rural Electric Overview

  • Company Type:Cooperative
  • Headquarters:22898 West Road
    Wellington, Ohio 44090
    United States of America
  • CEO:Rodney Eaton

Lorain Medina Rural Electric Contact

Lorain Medina Rural Electric Service

Energy Loss

Lorain Medina Rural Electric's energy loss due to business operations.

-5.19%

Total Energy Loss

17,462MWh

952 National Rank

Lorain Medina Rural Electric Coverage Map

Coverage Map Placeholder

Lorain Medina Rural Electric State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Ohio16,52138,140,60026100%

Lorain Medina Rural Electric County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Ashland County53,484613.05$124.56/mo
Erie County74,266413.97$115.78/mo
Huron County58,266813.93$116.75/mo
Lorain County309,833611.71$107.10/mo
Medina County179,746412.43$106.78/mo
Wayne County115,710512.98$120.04/mo

Cities Lorain Medina Rural Electric Has Coverage

  • Burbank, OH
  • Grafton, OH
  • Kelleys Island, OH
  • Kipton, OH
  • LaGrange, OH
  • Lodi, OH
  • Oberlin, OH
  • Rochester, OH
  • Spencer, OH
  • Wellington, OH
  • West Salem, OH
  • Westfield Center, OH

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

Lorain Medina Rural Electric Reviews

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Lorain Medina Rural Electric FAQ:

What is the phone number for Lorain Medina Rural Electric?

You can reach Lorain Medina Rural Electric by phone via (440) 647-2133.

How many counties does Lorain Medina Rural Electric provider electricity in?

Lorain Medina Rural Electric sells electricity to customers in 6 counties.

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

Consumers of Lorain Medina Rural Electric, on average, have an electricity bundled rate 13.68 cents per kilowatt hour (¢/kWh).

What is the average bundled bill for Lorain Medina Rural Electric customers each month?

Consumers of Lorain Medina Rural Electric pay, on average, a monthly bundled bill of $164.20.

Who is the CEO of Lorain Medina Rural Electric?

Lorain Medina Rural Electric’s CEO is Rodney Eaton.

What cities does Lorain Medina Rural Electric supply electricity to?

Lorain Medina Rural Electric serves 12 cities.

Last Reviewed By: King Manalo
Published: 2021-03-16Last Updated: 2022-01-05