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About Morristown Electric
Morristown Electric is a municipally owned entity serving Morristown in Hamblen County, Tennessee. Presently, 15,517 consumers are provided electricity by the company. These customers are a mix of 12,590 residential customer accounts, 2,898 commercial customers and 29 industrial locations. The residential electricity price for patrons of Morristown Electric is, on average, 11.67 cents per kilowatt hour, ranking the supplier at 49th out of 90 companies in the state and 1109th out of 2906 in the country. In 2021 they had retail sales of 872,295 megawatt hours. Of the megawatt hours they sourced, 889,691 megawatt hours were purchased on wholesale channels. The total revenue for the company in 2021 from electricity sales was $80,396,800, with 96.02% coming from retail sales to end users.
The national average monthly residential electric bill is $130.88, while the Morristown Electric average is 3.12% less at $126.8 per month. The company currently does not produce their own electricity. Instead, they must purchase that electricity at wholesale rates and then resell it at a higher rate to end users.
Energy loss is a fact of life when working with electricity transmission. Morristown Electric currently averages a loss of around 1.77% of the total electricity they produce. These averages allow us to compare and contrast the grid efficiencies of the providers who operate around the United States. Morristown Electric has received a rank of 10th best out of 84 providers who report energy loss in Tennessee.
Morristown Electric Rate & Electric Bills
Morristown Electric residential electric rates are highest in January and the highest average bill is in December.
Historical Electricity Rates:
Morristown Electric Overview
- Company Type:Municipal
- Headquarters:433 West First North Street
Morristown, Tennessee 37814
United States of America
- Director/Superintendent:Joseph S. Wigington
Morristown Electric Contact
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Morristown Electric's energy loss due to business operations.
Total Energy Loss
206 National Rank
Morristown Electric Coverage Map
Morristown Electric State Coverage
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Morristown Electric County Coverage
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Morristown Electric FAQ:
What is the phone number for Morristown Electric?
You can reach Morristown Electric by phone via (423) 586-4121.
What is the average bundled electricity rate for Morristown Electric customers?
The average bundled price of electricity for consumers of Morristown Electric is 11.67 cents per kilowatt hour (¢/kWh).
Who is the CEO of Morristown Electric?
The current CEO of Morristown Electric is Joseph S. Wigington.
How much is the average bundled bill for Morristown Electric customers each month?
Consumers of Morristown Electric pay, on average, a monthly bundled bill of $126.80.