Midwest Electric Inc: Rates and Coverage Area

Midwest Electric Inc

Electricity Rates, Plans & Statistics

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About Midwest Electric Inc

Midwest Electric Inc is an electric cooperative. The largest city serviced by the supplier is Celina, but the company also provides electricity to 13 cities in Ohio. A total of 10,712 customers (10,402 residential properties, 304 commercial accounts and 6 industrial properties) receive electricity from the supplier. Midwest Electric Inc has an average residential electricity rate of 14.97 cents per kilowatt hour . This is below both the Ohio and nationwide average rates of 17.03 and 15.73 cents per kilowatt hour, respectively. In 2022 they sold 95.23% of their megawatt hours to end users (known as retail sales). Of the megawatt hours they sourced, 293,597 megawatt hours were purchased on wholesale channels. In 2022, the company had revenue of $33,943,900 from retail electricity sales.

The Ohio average monthly residential power bill is $141.88, while the Midwest Electric Inc average is 36.79% higher at $191.68 per month. Midwest Electric Inc is the 108th ranked supplier in the state for average monthly bill amount. Electricity generation is not handled in house at the company, as they purchase power at wholesale rates and then resell to their customers.

Energy Loss

Companies routinely submit reports for energy lost through heat dissipation and other causes to government agencies who track electricity grid efficiencies. Midwest Electric Inc recently reported a loss of 4.64% of the electricity generation total. These averages enable us to compare and contrast the grid efficiencies of the suppliers who operate throughout the United States. Midwest Electric Inc has received a rank of 794th best out of 3517 suppliers who report energy loss in the United States.

Midwest Electric Inc Rate & Electric Bills

Midwest Electric Inc residential electric rates are highest in June and the highest average bill is in July.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.155/kWh$0.116/kWh$245.81/mo.$131.75/mo.
2042nd14.97¢Midwest Electric Inc's Average residential price per kWh
2803rd$191.68Average monthly electricity bill for Midwest Electric Inc's residential customers

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Midwest Electric Inc Overview

  • Company Type:Cooperative
  • Headquarters:06029 County Road 33A
    Saint Marys, Ohio 45885
    United States of America
  • CEO:Matt Berry

Midwest Electric Inc Contact

Midwest Electric Inc Service

Energy Loss

Midwest Electric Inc's energy loss due to business operations.

-4.64%

Total Energy Loss

13,614MWh

794 National Rank

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Midwest Electric Inc Coverage Map

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Midwest Electric Inc State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Ohio10,71234,848,077.329100%

Midwest Electric Inc County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Allen County101,1155522.45$168.90/mo
Auglaize County46,2826419.22$146.26/mo
Mercer County42,1545817.34$132.08/mo
Van Wert County28,8085821.84$164.65/mo

Cities Midwest Electric Inc Has Coverage

* City coverage generated based on government data. Always verify you can get service from the provider.

Midwest Electric Inc Reviews

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Midwest Electric Inc FAQ:

What is the phone number for Midwest Electric Inc?

You can reach Midwest Electric Inc by phone via (419) 394-4110.

What is the average bundled electricity rate for Midwest Electric Inc customers?

The average bundled price of electricity for customers of Midwest Electric Inc is 14.97 cents per kilowatt hour (¢/kWh).

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

Midwest Electric Inc currently has an average monthly bundled electric bill of $191.68, compared to the Ohio average of $141.88 and the nationwide of $141.88 for bundled service.

How many counties does Midwest Electric Inc sell electricity to?

Midwest Electric Inc sells electricity to customers in 4 counties throughout the nation.

Who is the CEO of Midwest Electric Inc?

Matt Berry is the current CEO of Midwest Electric Inc.

What cities does Midwest Electric Inc provider electricity in?

Midwest Electric Inc provides electricity to 13 cities in the nation including Ohio.

Fernando García
Last Reviewed By: Fernando García
Published: 2023-12-06