Oklahoma Electric Cooperative: Rates and Coverage Area

Oklahoma Electric Cooperative

Electricity Rates, Plans & Statistics

Can You Save With Wind?

You’ve heard of solar, but did you know that you can power your home and business with wind?

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.

Oklahoma Electric Cooperative Net Metering

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.

Energy Loss

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:

Price Per kWhAverage Bill$0.155/kWh$0.081/kWh$262.26/mo.$99.99/mo.
1179th12.36¢Oklahoma Electric Cooperative's Average residential price per kWh
2391st$155.62Average monthly electricity bill for Oklahoma Electric Cooperative's residential customers

You’ve heard of solar, but did you know that you can power your home and business with wind?

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

Oklahoma Electric Cooperative Service

Energy Loss

Oklahoma Electric Cooperative's energy loss due to business operations.

-3.86%

Total Energy Loss

60,382MWh

589 National Rank

You’ve heard of solar, but did you know that you can power your home and business with wind?

Oklahoma Electric Cooperative Coverage Map

Coverage Map Placeholder

Oklahoma Electric Cooperative State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Oklahoma63,104158,717,0006100%

Oklahoma Electric Cooperative County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Caddo County27,253414.22$147.53/mo
Canadian County169,149512.25$129.24/mo
Cleveland County299,587311.57$136.09/mo
Grady County54,739513.15$148.09/mo
McClain County41,258611.86$139.32/mo
Oklahoma County802,559410.88$126.03/mo
Pottawatomie County73,533411.55$141.32/mo

Cities Oklahoma Electric Cooperative Has Coverage

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

Oklahoma Electric Cooperative Reviews

Write a Review of Oklahoma Electric Cooperative

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.

Alex Zdanov
Last Reviewed By: Alex Zdanov
Published: 2023-12-06