Morristown Electric: Rates and Coverage Area

Morristown Electric

Electricity Rates, Plans & Statistics

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About Morristown Electric

Morristown Electric is a municipally owned entity serving Morristown in Hamblen County, Tennessee. Presently, 15,803 consumers are provided electricity by the company. These customers are a mix of 12,896 residential customer accounts, 2,879 commercial customers and 28 industrial locations. The residential electricity price for patrons of Morristown Electric is, on average, 12.90 cents per kilowatt hour, ranking the supplier at 68th out of 90 companies in the state and 1188th out of 2892 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 $135.34, while the Morristown Electric average is 0.56% less at $134.58 per month. Customers of the provider are faced with 1.02 power outages a year with outages lasting an average of 69.62 minutes. The company currently does not produce any of the electricity that they sell. Instead, they must purchase that electricity at wholesale rates and then resell it at a higher rate to end consumers.

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 83 providers who report energy loss in Tennessee.

Morristown Electric Rate & Electric Bills

Morristown Electric residential electric rates are highest in August and the highest average bill is in August.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.146/kWh$0.106/kWh$198.73/mo.$93.91/mo.
1188th12.90¢Morristown Electric's Average residential price per kWh
1853rd$134.58Average monthly electricity bill for Morristown Electric's residential customers

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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

Grid Reliability

Length & Frequency of Morristown Electric's Power Outages

69.62 min.

vs. national average of 171.11 min.

1.02 outages/yr

vs. national average of 1.45

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Morristown Electric Coverage Map

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Morristown Electric State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Tennessee15,80383,349,134.9630100%

Morristown Electric County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Hamblen County65,168312.79$148.47/mo

Morristown Electric Reviews

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Morristown Electric FAQ:

What is the phone number for Morristown Electric?

Morristown Electric's customer service phone number is (423) 586-4121

What is the average bundled electricity rate for Morristown Electric customers?

Customers of Morristown Electric, on average, have an electricity bundled rate 12.90 cents per kilowatt hour (¢/kWh).

When will Morristown Electric power be restored?

The average number of minutes for an outage for Morristown Electric's consumers is 69.62 minutes.

Who is the CEO of Morristown Electric?

The current CEO of Morristown Electric is Joseph S. Wigington.

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

Consumers of Morristown Electric pay, on average, a monthly bundled bill of $134.58.

King Manalo
Last Reviewed By: King Manalo
Published: 2024-03-29