Mayfield Electric: Rates and Coverage Area

Mayfield Electric

Electricity Rates, Plans & Statistics

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About Mayfield Electric

Mayfield Electric supplies electricity in Mayfield, Kentucky. At the moment, 4,961 customers are provided electricity by the supplier. These customers are a mix of 0.04% industrial properties, 16.37% commercial customer accounts and 83.59% residential locations. The residential electricity rate for customers of Mayfield Electric is, on average, 12.99 cents per kilowatt hour. While this is above the state average rate of 12.51 cents per kilowatt hour, it is less than the US average of 15.73 cents. Of the 117,857 megawatt hours the company sold and dispossessed, 111,617 were from retail sales. The electricity they sourced consisted of megawatt hours purchased via the wholesale electricity market. They purchased 117,857 wholesale megawatt hours. Their revenue in 2022 from electricity activities was $14,698,600, with $14,324,000 coming from retail sales to end users.

Customers of the supplier pay an average monthly residential electric bill of $111.45. This is 11.48% lower than the state average bill of $126.99. The company is not associated with any electricity production plants and all of the electricity that they sell to their consumers must be purchased wholesale from other providers.

Energy Loss

All electricity companies who generate electricity suffer from some energy loss via heat depletion or other causes. Mayfield Electric is no different, as they have a yearly loss of roughly 5.11% of the electricity they transmit. The state of Kentucky has an energy loss average of 3.69% and the US average is 2.87%, giving Mayfield Electric a rank of 34th best out of 58 suppliers who report energy loss in the state.

Mayfield Electric Rate & Electric Bills

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

Historical Electricity Rates:

Price Per kWhAverage Bill$0.145/kWh$0.110/kWh$160.25/mo.$79.93/mo.
1239th12.99¢Mayfield Electric's Average residential price per kWh
1181st$111.45Average monthly electricity bill for Mayfield Electric's residential customers

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Mayfield Electric Overview

  • Company Type:Municipal
  • Headquarters:301 East Broadway
    Mayfield, Kentucky 42066
    United States of America
  • Director/Superintendent:Clint Woodward

Mayfield Electric Contact

Mayfield Electric Service

  • States Served:
    • Kentucky
  • Counties Served:
    • Graves County
  • Major Cities Served:

Energy Loss

Mayfield Electric's energy loss due to business operations.

-5.11%

Total Energy Loss

6,028MWh

918 National Rank

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Mayfield Electric Coverage Map

Coverage Map Placeholder

Mayfield Electric State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Kentucky4,96113,178,044.3244100%

Mayfield Electric County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Graves County36,796313.19$154.72/mo

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Mayfield Electric FAQ:

Who is the CEO of Mayfield Electric?

Clint Woodward is the CEO of Mayfield Electric.

What is the average bundled bill for Mayfield Electric customers each month?

Consumers of Mayfield Electric pay, on average, a monthly bundled bill of $111.45.

What is the phone number for Mayfield Electric?

You can reach Mayfield Electric by phone via (270) 247-4661.

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

Customers of Mayfield Electric, on average, have an electricity bundled rate 12.99 cents per kilowatt hour (¢/kWh).

Matt Hope
Last Reviewed By: Matt Hope
Published: 2024-06-23