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 27,955 residential customer accounts, 6,961 commercial customers and 3 industrial customers are supplied electricity by the company. Mountain Electric Cooperative has an average residential electricity rate of 10.62 cents per kilowatt hour, which is 24.73% less than the nationwide average price of 14.11 cents. This ranks the company 740th out of 2923 suppliers in the country for best average electricity rate. They sold 606,571 megawatt hours in 2020 via traditional retail sales. During the same timeframe, the provider purchased 643,432 megawatt hours by way of wholesale channels. In 2020, they made a total of $59,986,100 from business activities relating to the sale and transfer of electricity. They had 97.03% of their revenue coming from retail sales to end users.

The United States average monthly residential electric bill is $125.95, while the Mountain Electric Cooperative average is 19.93% lower at $100.86 per month. This is the 1078th lowest average monthly bill amount for a supplier in the country. The provider's customers deal with an average of 1.8 electrical outages per consumer a year. These outages are an average of 226 minutes, while the nationwide average is 1.21 outages per consumer and 122.99 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.