Nolin Rural Electric: Rates and Coverage Area

Nolin Rural Electric

Electricity Rates, Plans & Statistics

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About Nolin Rural Electric

Nolin Rural Electric is an electricity cooperative. The largest county serviced by Nolin Rural Electric is Hardin County, but the company also provides electricity in 6 counties in the state of Kentucky. The company last reported a total of 36,080 customers, 33,903 of which are residential accounts, 2,175 are commercial customers and 2 of which are industrial properties. The residential electricity rate for customers of Nolin Rural Electric is, on average, 12.74 cents per kilowatt hour, which is 2.41% higher than the state's average price of 12.44 cents. In 2022 the company had retail sales of 731,865 megawatt hours. The electricity sourced by the company is made up primarily of megawatt hours they acquired on the wholesale market. Of the electricity sourced whole purchased made up 100.00%. Their revenue in 2022 from electricity activities was $91,844,000, with 94.84% coming from retail sales to end users.

The average monthly residential power bill for a consumer of Nolin Rural Electric is $150.11 per month. Electricity generation is not part of the Nolin Rural Electric business model, as they purchase power at wholesale rates from other providers to then be resold to their customers.

Nolin Rural Electric Net Metering

Luckily, Nolin Rural Electric allows consumers to participate in net metering. Without net metering, solar panel installation is significantly less attractive economically, as consumers have no way to sell excess energy back to their electric company.

Energy Loss

Energy loss is always a reality when dealing with electricity transmission. Nolin Rural Electric currently averages a loss of around 4.65% of the electricity they produce. The state of Kentucky has an energy loss average of 3.69% and the countrywide average is 2.87%, resulting in Nolin Rural Electric receiving a rank of 28th best out of 58 companies reporting energy loss in Kentucky.

Nolin Rural Electric Rate & Electric Bills

Nolin Rural Electric residential electric rates are highest in January and the highest average bill is in October.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.142/kWh$0.101/kWh$214.31/mo.$93.64/mo.
1151st12.74¢Nolin Rural Electric's Average residential price per kWh
2210th$150.11Average monthly electricity bill for Nolin Rural Electric's residential customers

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Nolin Rural Electric Overview

  • Company Type:Cooperative
  • Headquarters:411 Ring Road
    Elizabethtown, Kentucky 42701
    United States of America
  • CEO:Greg Lee

Nolin Rural Electric Contact

Nolin Rural Electric Service

Energy Loss

Nolin Rural Electric's energy loss due to business operations.

-4.65%

Total Energy Loss

35,746MWh

797 National Rank

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Nolin Rural Electric Coverage Map

Coverage Map Placeholder

Nolin Rural Electric State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Kentucky36,07079,139,641.7521100%

Nolin Rural Electric County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Grayson County26,351511.91$144.14/mo
Green County11,141411.53$120.20/mo
Hardin County111,862312.55$142.11/mo
Hart County19,194312.26$133.24/mo
Larue County14,768312.70$146.83/mo
Taylor County25,948411.55$120.30/mo

Cities Nolin Rural Electric Has Coverage

* City coverage generated based on government data. Always verify you can get service from the provider.

Nolin Rural Electric Reviews

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Nolin Rural Electric FAQ:

Who is the CEO of Nolin Rural Electric?

The CEO of Nolin Rural Electric is Greg Lee.

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

The average monthly bundled electric bill for customers of Nolin Rural Electric is $150.11. The Kentucky average bundled bill is $126.96 and the national average is $126.96.

How many counties does Nolin Rural Electric supply electricity to?

There are 6 counties that receive at least some electricity coverage by Nolin Rural Electric.

What is the phone number for Nolin Rural Electric?

The Nolin Rural Electric phone number is (270) 765-6153.

What is the average bundled electricity rate for Nolin Rural Electric customers?

Nolin Rural Electric's current average bundled electricity rate is 12.74 cents per kilowatt hour (¢/kWh), compared to the average state bundled rate of 12.44 cents and the average national rate of 15.68 cents.

What cities does Nolin Rural Electric offer service to?

Nolin Rural Electric serves 6 cities.

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