Mangum, Oklahoma Electric Utility

About Mangum, Oklahoma Electric Utility

Mangum, Oklahoma Electric Utility provides electricity in Mangum in Greer County, Oklahoma. The most recent data reported by the company showed a customer base of 1,450 customers. Exactly 33 of these are industrial properties, 253 are commercial accounts and 1,164 are residential properties. On average, Mangum, Oklahoma Electric Utility's patrons purchase residential electricity for 14.94 cents per kilowatt hour. This is 4.47% lower than the national average rate of 15.64 cents. There were a total of 20,796 megawatt hours sold to retail consumers in 2019 by the provider. Electricity generation and wholesale power purchases made up 0.14% and 99.86%, respectively, of the total electricity sourced. Electricity plants the company owns produced 38 megawatt hours and an additional 26,539 were purchased on wholesale channels. The total revenue for Mangum, Oklahoma Electric Utility for 2019 from electricity sales was $1,941,500, with 100.00% coming from retail sales to end users.

Patrons of the company pay an average monthly residential electricity bill of $138.66. This is 9.08% more than the state average of $126.61. Electricity generation is not handled in house at the company, as they purchase power at wholesale rates and then resell to their end users.