Meriwether Lewis Electric

About Meriwether Lewis Electric

Meriwether Lewis Electric operates in 9 cities throughout Tennessee and is considered an electricity cooperative. Electricity companies must regularly report the number of customers they have to government agencies. In the most recent report the company reported 35,682 customers signed up for their services. Exactly 9 of these customers are industrial accounts, 5,780 are commercial customers and 29,893 are residential accounts. The average residential electricity rate for patrons of Meriwether Lewis Electric is roughly 13.20 cents per kilowatt hour, which is 6.98% more than the average Tennessee price of 12.34 cents and 15.43% lower than the national average of 15.61. There were a total of 1,137,843 megawatt hours sold via retail sales in 2022 by the supplier. The electricity sourced by Meriwether Lewis Electric is made up of primarily wholesale purchased megawatt hours, with 1,198,615 purchased by the company. In 2022, the supplier made 96.03% of their revenue from retail electricity sales. Their revenue from electricity related activities was $124,004,900.

The Tennessee average monthly residential electric bill is $138.74, while the Meriwether Lewis Electric average is 14.86% higher at $158.54 per month. Meriwether Lewis Electric ranks 75th in the state for average monthly bill amount. The provider is not associated with any electricity facilities and all of the megawatt hours that they sell to their customers must be purchased from other providers. The electricity grid managed by the provider experiences an average of 2.47 outages per customer a year, with outages lasting roughly 4.31 minutes. The national average for other suppliers is 1.27 outages per consumer and 137.24 minutes each outage.