Oklahoma Electric Cooperative
Electricity Rates, Plans & Statistics
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About Oklahoma Electric Cooperative
Oklahoma Electric Cooperative is an electric cooperative providing electricity in 25 cities throughout Oklahoma including Oklahoma City, Norman, Moore, Mustang, and Chickasha. Recently filed reports by the company showed a customer base of 63,054 customer accounts, 146 of which are industrial properties, 5,472 are commercial customers and 57,436 are residential customers. On average, Oklahoma Electric Cooperative charges their consumers a residential electricity rate of 12.36 cents per kilowatt hour. Regrettably, this is 2.33% above the state's average price of 12.08 cents. Of the 1,563,232 megawatt hours Oklahoma Electric Cooperative sold and dispossessed, 96.00% were via sales to end users. The megawatt hours sourced by the provider primarily came from megawatt hours that they purchased on wholesale channels. They purchased 1,563,232 wholesale megawatt hours. In 2022 the company had total electricity related revenue of $201,639,000, with 86.26% coming from retail sales.
The Oklahoma average monthly residential electric bill is $126.95, while the Oklahoma Electric Cooperative average is 21.52% higher at $155.62 per month. Oklahoma Electric Cooperative ranks 75th in the state for average monthly bill amount. The provider currently does not produce any of the electricity that they sell. Instead, they must purchase that electricity at wholesale rates and then resell it to end users.
Customers of Oklahoma Electric Cooperative have the ability to take advantage of net metering. Net metering allows private citizens to sell electricity back to the grid, which makes the installation of solar panels and other alternative electricity sources a cheaper project.
Oklahoma Electric Cooperative recently reported an annual loss of around 3.86% of the electricity that they produce. Loss of electricity due to heat dissipation during electricity transmission and other causes is part of operating in the electricity production industry and companies are required to report these losses to government agencies who track electricity infrastructure efficiencies. The state of Oklahoma has an energy loss average of 3.42% and the US average is 2.87%, giving Oklahoma Electric Cooperative a rank of 12th best out of 87 companies reporting energy loss in the state.
Oklahoma Electric Cooperative Rate & Electric Bills
Oklahoma Electric Cooperative residential electric rates are highest in January and the highest average bill is in October.
Historical Electricity Rates:
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Oklahoma Electric Cooperative Overview
- Company Type:Cooperative
- Headquarters:242 24th Avenue Northwest
Norman, Oklahoma 73069
United States of America - CEO:Patrick Grace
Oklahoma Electric Cooperative Contact
- Website:www.okcoop.org
- Customer Service Phone:(405) 321-2024
- Contact Page:www.okcoop.org
- Social Media:
Oklahoma Electric Cooperative Service
- Rates & Plans:www.okcoop.org
- Outage Map:www.okcoop.org
- States Served:
- Oklahoma
- Counties Served:
- Oklahoma County
- Cleveland County
- Canadian County
- Pottawatomie County
- Grady County
- Major Cities Served:See all cities
- Table Of Contents:
Energy Loss
Oklahoma Electric Cooperative's energy loss due to business operations.
Total Energy Loss
60,382MWh
589 National Rank
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Oklahoma Electric Cooperative Coverage Map
Oklahoma Electric Cooperative State Coverage
State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
---|---|---|---|---|
Oklahoma | 63,104 | 158,717,000 | 6 | 100% |
Oklahoma Electric Cooperative County Coverage
County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
---|---|---|---|---|
Caddo County | 27,253 | 4 | 14.22 | $147.53/mo |
Canadian County | 169,149 | 5 | 12.25 | $129.24/mo |
Cleveland County | 299,587 | 3 | 11.57 | $136.09/mo |
Grady County | 54,739 | 5 | 13.15 | $148.09/mo |
McClain County | 41,258 | 6 | 11.86 | $139.32/mo |
Oklahoma County | 802,559 | 4 | 10.88 | $126.03/mo |
Pottawatomie County | 73,533 | 4 | 11.55 | $141.32/mo |
Cities Oklahoma Electric Cooperative Has Coverage
- Amber, OK
- Blanchard, OK
- Bridge Creek, OK
- Chickasha, OK
- Cole, OK
- Dibble, OK
- Etowah, OK
- Goldsby, OK
- Harrah, OK
- Lexington, OK
- Minco, OK
- Moore, OK
- Mustang, OK
- Newcastle, OK
- Ninnekah, OK
- Noble, OK
- Norge, OK
- Norman, OK
- Oklahoma City, OK
- Pocasset, OK
- Purcell, OK
- Slaughterville, OK
- Tribbey, OK
- Tuttle, OK
- Washington, OK
* City coverage generated based on government data. Always verify you can get service from the provider.
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Oklahoma Electric Cooperative FAQ:
What is the phone number for Oklahoma Electric Cooperative?
Oklahoma Electric Cooperative's customer service phone number is (405) 321-2024
What is the average bundled electricity rate for Oklahoma Electric Cooperative customers?
Oklahoma Electric Cooperative's current average bundled electricity rate is 12.36 cents per kilowatt hour (¢/kWh), compared to the average state bundled rate of 12.08 cents and the average United States rate of 15.59 cents.
How much is the average bundled bill for Oklahoma Electric Cooperative customers each month?
Consumers of Oklahoma Electric Cooperative pay, on average, a monthly bundled bill of $155.62.
Who is the CEO of Oklahoma Electric Cooperative?
Oklahoma Electric Cooperative's CEO is Patrick Grace.
How many counties does Oklahoma Electric Cooperative provider electricity to?
There are 7 counties that receive at least some electricity coverage by Oklahoma Electric Cooperative.
What cities does Oklahoma Electric Cooperative have customers in to?
Oklahoma Electric Cooperative supplies to 25 cities.