Macon Electric: Rates and Coverage Area

Macon Electric

Electricity Rates, Plans & Statistics

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About Macon Electric

Macon Electric provides electricity for 9 counties in Missouri. The entity is an electric cooperative. There are 10,718 customer accounts who are receiving service from the provider. These accounts are made up of 9,199 residential accounts, 1,518 commercial properties and one industrial account. The residential electricity rate for patrons of Macon Electric is, on average, 13.49 cents per kilowatt hour. This is 14.40% below the nationwide average price of 15.76 cents. There were a total of 252,430 megawatt hours sold through retail sales in 2022 by the company. The megawatt hours sourced by the provider primarily came from megawatt hours that they acquired via the wholesale electricity market. They purchased 265,957 wholesale megawatt hours. Their total revenue for 2022 from electricity activities was $26,527,200, with 97.04% coming from retail sales to end users.

The nationwide average monthly residential power bill is $135.34, while the Macon Electric average is 5.76% more at $143.13 per month. Macon Electric is the 2089th ranked provider in the US for average monthly bill amount. The provider currently does not produce any of the electricity that they sell. Instead, they must purchase that electricity at wholesale prices from other companies and then resell it at a higher rate to end customers.

Macon Electric Net Metering

Offering net metering to customers is a win-win situation for Macon Electric and any citizens who receive their electricity from the company. This is a positive for any customer considering purchasing private solar panels, as net metering allows them to sell their extra electricity back to their provider.

Energy Loss

All electricity providers who generate electricity suffer from some amount of energy loss from heat dissipation or alternative factors. Macon Electric is no different, as they have a yearly loss of roughly 4.97% of the electricity they produce. The state average for energy loss is 3.23% and the nationwide average is 2.87%. This gives Macon Electric a ranking of 29th best out of 121 companies in the state and 871st best out of 3526 suppliers in the US.

Macon Electric Rate & Electric Bills

Macon Electric residential electric rates are highest in July and the highest average bill is in July.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.154/kWh$0.098/kWh$225.36/mo.$91.09/mo.
1434th13.49¢Macon Electric's Average residential price per kWh
2089th$143.13Average monthly electricity bill for Macon Electric's residential customers

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Macon Electric Overview

  • Company Type:Cooperative
  • Headquarters:31571 Business Highway 36
    East Macon, Missouri 63552
    United States of America
  • CEO:Tim Korman

Macon Electric Contact

Macon Electric Service

Energy Loss

Macon Electric's energy loss due to business operations.

-4.97%

Total Energy Loss

13,208MWh

871 National Rank

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Macon Electric Coverage Map

Coverage Map Placeholder

Macon Electric State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Missouri10,71824,860,775.0837100%

Macon Electric County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Adair County25,339514.88$152.66/mo
Chariton County7,432714.03$142.76/mo
Knox County3,782514.53$146.20/mo
Linn County11,962914.61$150.75/mo
Macon County15,222513.72$141.21/mo
Monroe County8,643712.74$142.96/mo
Randolph County24,880613.35$136.41/mo
Shelby County6,087713.37$139.02/mo
Sullivan County6,045614.24$143.60/mo

Cities Macon Electric Has Coverage

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

Macon Electric Reviews

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Macon Electric FAQ:

How many counties does Macon Electric offer service in?

Macon Electric sells electricity in 9 counties.

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

Currently, the average monthly bundled electric bill for customers of Macon Electric is $143.13. The Missouri average bundled bill is $128.60 and the United States average is $128.60.

Who is the CEO of Macon Electric?

Macon Electric's current CEO is Tim Korman.

What cities does Macon Electric provider electricity to?

Macon Electric has customers in 17 cities throughout the US.

What is the phone number for Macon Electric?

The Macon Electric phone number is (660) 385-3157.

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

Consumers of Macon Electric, on average, have an electricity bundled rate 13.49 cents per kilowatt hour (¢/kWh).

Matt Hope
Last Reviewed By: Matt Hope
Published: 2023-12-06