Mountain Electric Cooperative

About Mountain Electric Cooperative

Mountain Electric Cooperative is headquartered in Mountain City, Tennessee and supplies electricity in 2 states in the US This coverage territory also incorporates 10 cities within these states. A total of 28,101 residential customer accounts, 7,750 commercial customers and 3 industrial customers are supplied electricity by the company. Mountain Electric Cooperative has an average residential electricity rate of 11.99 cents per kilowatt hour, which is 23.32% less than the nationwide average price of 15.64 cents. This ranks the company 990th out of 2893 suppliers in the country for best average electricity rate. They sold 627,092 megawatt hours in 2022 via traditional retail sales. During the same timeframe, the provider purchased 669,208 megawatt hours by way of wholesale channels. In 2022, they made a total of $71,020,300 from business activities relating to the sale and transfer of electricity. They had 97.16% of their revenue coming from retail sales to end users.

The United States average monthly residential electric bill is $132.69, while the Mountain Electric Cooperative average is 12.27% lower at $116.41 per month. This is the 1319th lowest average monthly bill amount for a supplier in the country. The provider's customers deal with an average of 2.7 electrical outages per consumer a year. These outages are an average of 332.18 minutes, while the nationwide average is 1.27 outages per consumer and 137.24 minutes each outage. The company is not associated with any electricity production facilities and all of the power that they sell to their consumers must be purchased from other providers.