McMinnville Electric

About McMinnville Electric

McMinnville Electric is headquartered in McMinnville, Tennessee and they serve electricity in the citizens that call McMinnville home. A total of 6,486 residential customer accounts, 1,609 commercial customer accounts and 2 industrial accounts receive their electricity from the company. The average residential electricity price for consumers of McMinnville Electric is roughly 11.46 cents per kilowatt hour, which is, fortunately, 27.28% below the average nationwide rate of 15.76 cents. Of the 187,789 megawatt hours the company sold and dispossessed, 96.14% were via retail sales. The electricity sourced by the supplier primarily came from megawatt hours that they procured via wholesale channels. They purchased 187,789 megawatt hours on the wholesale market. The total revenue for the company for 2022 from electricity sales was $22,536,400, with $20,818,000 from retail sales to end users.

The nationwide average monthly residential electricity bill is $135.34, while the McMinnville Electric average is 14.70% lower at $115.45 per month. This is the 1294th lowest average monthly bill amount for a provider in the country. Customers of the provider are faced with 0.15 power outages per year with outages lasting on average 8.18 minutes. Electricity generation facilities associated with or owned by McMinnville Electric generate 143 megawatt hours, which is the 719th highest of any supplier in the United States. Electricity production plants managed by the provider use non-renewable fuel types to generate 100.00% of their total electricity production, or 143 megawatt hours. This amount ranks them at 493rd out of 3526 companies in the US.