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. The average residential electricity price for consumers of Mayfield Electric is around 13.99 cents per kilowatt hour, which is 8.88% above the average Kentucky rate of 12.85 cents, a potentially frustrating state of affairs for their patrons. In 2023 the company sold 112,777 megawatt hours to end users (known as retail sales). Of the megawatt hours they sourced, 117,081 megawatt hours were obtained by way of the wholesale electricity market. Their revenue for 2023 from electricity related activities was $14,363,200, with $13,994,000 from retail sales to end users.

Customers of the supplier pay an average monthly residential electric bill of $134.94. This is 2.66% lower than the state average bill of $138.72. 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 3.50% of the electricity they transmit. The state of Kentucky has an energy loss average of 3.30% and the US average is 2.43%, giving Mayfield Electric a rank of 23rd 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 November and the highest average bill is in July.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.151/kWh$0.108/kWh$177.84/mo.$82.67/mo.
1500th13.99¢Mayfield Electric's Average residential price per kWh
1611th$134.94Average 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.

-3.50%

Total Energy Loss

4,094MWh

671 National Rank

Power Outages

Currently, 0 customers are being tracked in Mayfield Electric.

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Customers Out:

0

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Mayfield Electric Coverage Map

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Mayfield Electric State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Kentucky4,85915,495,697.7643100%

Mayfield Electric County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Graves County36,796314.23$184.00/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 $134.94.

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 13.99 cents per kilowatt hour (¢/kWh).

Alex Zdanov
Last Reviewed By: Alex Zdanov
Published: 2024-07-05