Mayfield Electric

About Mayfield Electric

Mayfield Electric is a municipally owned organization with headquarters in Mayfield, Kentucky and providing electricity to customers in Graves County, Kentucky. At the time of the most recent government reports, the company disclosed a total of 5,426 electricity customers signed up to receive electricity from the company. This total is made up of 4,455 residential customer accounts, 969 commercial customers and 2 industrial customer accounts. On average, Mayfield Electric's customers spend 11.96 cents per kilowatt hour for their residential electricity, resulting in the provider ranking 44th out of 61 companies in the state and 1496th out of 2922 in the US. There were a total of 131,060 megawatt hours sold to retail customers in 2020 by the provider. The electricity sourced by the company is made up of primarily wholesale purchased megawatt hours, with 136,767 megawatt hours purchased by the company. In 2020, the supplier made a total of $14,818,400 from business activities relating to the sale and transfer of electricity. They had revenue of $14,506,000 from retail sales to end users.

The state average monthly residential electric bill is $122.32, while the Mayfield Electric average is 15.31% lower at $104.26 per month. This is the 18th lowest average monthly bill amount for a supplier in the state. The provider does not have ownership in any electricity plants and all of the megawatt hours that they sell to their customers must be purchased from other suppliers.

Energy Loss

Mayfield Electric loses electricity at a rate of 4.00% of their total generation during transmission. This percentage of loss gives them a rank of 17th best out of 58 suppliers reporting energy loss in Kentucky.

Mayfield Electric Rate & Electric Bills

Mayfield Electric residential electric rates are highest in January and the highest average bill is in June.

Historical Electric Rates:

Price Per kWHAverage Bill$0.120/kWh$0.118/kWh$114.12/mo.$103.66/mo.
1496th11.96¢Mayfield Electric's Average residential price per kWh
1279th$104.26Average monthly electric bill for Mayfield Electric's residential customers

Mayfield Electric Overview

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

Mayfield Electric Contact

Mayfield Electric Service

Energy Loss

Mayfield Electric's energy loss due to business operations.

-4.00%

Total Energy Loss

5,476MWh

635 National Rank

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
Kentucky5,42614,506,00041100%

Mayfield Electric County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Graves County37,266311.89$136.40/mo

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Mayfield Electric FAQ:

Who is the CEO of Mayfield Electric?

Clint Woodward is the CEO of Mayfield Electric.

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

Consumers of Mayfield Electric pay, on average, a monthly bundled bill of $104.26.

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

The average bundled rate of electricity for consumers of Mayfield Electric is 11.96 cents per kilowatt hour (¢/kWh).

What is the phone number for Mayfield Electric?

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

Last Reviewed By: Matt Hope
Published: 2021-03-16Last Updated: 2022-01-05