Morristown Electric: Rates and Coverage Area

Morristown Electric

Electricity Rates, Plans & Statistics

High Power Bills?

Reduce or replace your electricity bill with solar

About Morristown Electric

Morristown Electric is a municipally owned entity serving Morristown in Hamblen County, Tennessee. Presently, 15,876 consumers are provided electricity by the company. These customers are a mix of 12,922 residential customer accounts, 2,926 commercial customers and 28 industrial locations. The residential electricity price for patrons of Morristown Electric is, on average, 12.78 cents per kilowatt hour, ranking the supplier at 66th out of 90 companies in the state and 1405th out of 2893 in the country. In 2022 they had retail sales of 882,996 megawatt hours. Of the megawatt hours they sourced, 910,822 megawatt hours were purchased on wholesale channels. The total revenue for the company in 2022 from electricity sales was $89,856,600, with 96.49% coming from retail sales to end users.

The national average monthly residential electric bill is $133.21, while the Morristown Electric average is 2.28% higher at $136.25 per month. Morristown Electric is the 1929th ranked company in the nation for average monthly bill total. 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

Energy loss is a fact of life when working with electricity transmission. Morristown Electric currently averages a loss of around 2.95% 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 12th 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 April.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.128/kWh$0.112/kWh$136.25/mo.$117.36/mo.
1405th12.78¢Morristown Electric's Average residential price per kWh
1929th$136.25Average monthly electricity bill for Morristown Electric's residential customers

Go Solar for less than your cell phone bill.

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

Morristown Electric Service

Energy provider of the year for National, Major Provider Category
Top 10 Least Outages Per Year
National, Major Provider Category
Claim Award
Energy provider of the year for Tennessee, Major Provider Category
Least Outages Per Year
Tennessee, Major Provider Category
Claim Award
Energy provider of the year for Tennessee, Major Provider Category
Shortest Average Electricity Outages
Tennessee, Major Provider Category
Claim Award

Energy Loss

Morristown Electric's energy loss due to business operations.

-2.95%

Total Energy Loss

26,886MWh

355 National Rank

Go Solar for less than your cell phone bill.

Morristown Electric Coverage Map

Coverage Map Placeholder

Morristown Electric State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Tennessee15,87686,707,00029100%

Morristown Electric County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Hamblen County65,168312.77$149.00/mo

Morristown Electric Reviews

Write a Review of Morristown Electric

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 12.78 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 $136.25.

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