Macon Electric: Rates and Coverage Area

Macon Electric

Electricity Rates, Plans & Statistics

High Power Bills?

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About Macon Electric

Macon Electric provides electricity for 9 counties in Missouri. The entity is an electric cooperative. The company last reported a total of 11,033 customers. Exactly 2 of them are industrial properties, 1,698 are commercial customers and 9,333 are residential accounts. Macon Electric's average residential electricity rate per kilowatt hour is 14.59 cents per kilowatt hour, which is 12.80% more than the average state rate of 12.93 cents. They sold 243,019 megawatt hours in 2023 via retail accounts. During the same timeframe, Macon Electric purchased 254,621 megawatt hours through wholesale channels. In 2023, the supplier made a total of $27,280,400 from business activities relating to the sale and transfer of electricity. They had 99.04% of their revenue coming from retail sales to end users.

The nationwide average monthly residential power bill is $142.37, while the Macon Electric average is 19.74% more at $170.47 per month. Macon Electric is the 2427th 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 4.45% of the electricity they produce. The state average for energy loss is 2.82% and the nationwide average is 2.43%. This gives Macon Electric a ranking of 29th best out of 121 companies in the state and 945th best out of 3530 suppliers in the US.

Macon Electric Rate & Electric Bills

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

Historical Electricity Rates:

Price Per kWhAverage Bill$0.157/kWh$0.108/kWh$224.66/mo.$102.43/mo.
1748th14.59¢Macon Electric's Average residential price per kWh
2427th$170.47Average 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.

-4.45%

Total Energy Loss

11,320MWh

945 National Rank

Power Outages

Currently, 0 customers are being tracked in Macon Electric.

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Customers Out:

0

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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
Missouri11,04130,566,799.1136100%

Macon Electric County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Adair County25,339514.90$160.36/mo
Chariton County7,432713.99$150.14/mo
Knox County3,782515.22$161.75/mo
Linn County11,962914.61$159.70/mo
Macon County15,222513.94$150.01/mo
Monroe County8,643713.40$163.62/mo
Randolph County24,880613.84$150.30/mo
Shelby County6,087713.88$154.12/mo
Sullivan County6,045615.03$156.12/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 $170.47. The Missouri average bundled bill is $134.48 and the United States average is $134.48.

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 14 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 14.59 cents per kilowatt hour (¢/kWh).

Ginalyn Gelera
Last Reviewed By: Ginalyn Gelera
Published: 2024-08-23