Okolona Electric Department
Electricity Rates, Plans & Statistics
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About Okolona Electric Department
Electricity companies must regularly report their customer counts to government agencies. On the most recent reports the supplier disclosed a total of 5,416 customers being supplied electricity by the company. Exactly 4,225 of these are residential properties and 1,191 are commercial accounts. The residential electricity price for patrons of Okolona Electric Department is, on average, 12.49 cents per kilowatt hour. Thankfully for their patrons, this rate is less than both the state and nationwide average rates of 13.44 and 15.64 cents per kilowatt hour, respectively. There were a total of 89,265 megawatt hours sold to retail consumers in 2022 by the company. The electricity sourced by the company is made up primarily of megawatt hours they acquired on the wholesale market. This category makes up 100.00% of all electricity sourced by the company. In 2022, the supplier made a total of $11,977,800 from business activities relating to the sale and transfer of electricity. They had 97.64% of their revenue coming from retail sales to end users.
Consumers of the supplier pay an average monthly residential power bill of $148.64. This is 3.32% below the state average of $153.04. The provider currently does not generate any of the electricity that they sell. Instead, they must purchase that electricity at wholesale rates from other suppliers and then resell it at a higher rate to end customers.
Okolona Electric Department currently loses approximately 10.16% of the electricity that they produce. The state of Mississippi has an energy loss average of 3.55% and the countrywide average is 2.87%, resulting in Okolona Electric Department receiving a rank of 40th best out of 48 suppliers reporting energy loss in Mississippi.
Okolona Electric Department Rate & Electric Bills
Okolona Electric Department residential electric rates are highest in January and the highest average bill is in April.
Historical Electricity Rates:
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Okolona Electric Department Overview
- Company Type:Municipal
- Headquarters:209 West Main Street
Okolona, Mississippi 38860
United States of America - Director/Superintendent:Eddie Tucker
Okolona Electric Department Contact
- Website:www.okolonaed.com
- Customer Service Phone:(662) 447-5482
- Contact Page:www.okolonaed.com
Okolona Electric Department Service
- Rates & Plans:static1.squarespace.com
- States Served:
- Mississippi
- Counties Served:
- Monroe County
- Chickasaw County
- Major Cities Served:
- Okolona
- Van Vleet CDP
- Table Of Contents:
Energy Loss
Okolona Electric Department's energy loss due to business operations.
Total Energy Loss
10,100MWh
1399 National Rank
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Okolona Electric Department Coverage Map
Okolona Electric Department State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| Mississippi | 5,416 | 11,695,000 | 45 | 100% |
Okolona Electric Department County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Chickasaw County | 17,100 | 4 | 12.70 | $146.65/mo |
| Monroe County | 34,448 | 6 | 12.53 | $161.68/mo |
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Okolona Electric Department FAQ:
What is the phone number for Okolona Electric Department?
The Okolona Electric Department phone number is (662) 447-5482.
Who is the CEO of Okolona Electric Department?
Okolona Electric Department's CEO is Eddie Tucker.
What is the average bundled electricity rate for Okolona Electric Department customers?
The average bundled rate of electricity for consumers of Okolona Electric Department is 12.49 cents per kilowatt hour (¢/kWh).
How much is the average bundled bill for Okolona Electric Department customers each month?
Customers of Okolona Electric Department pay, on average, a monthly bundled bill of $148.64.
How many counties does Okolona Electric Department provider electricity in?
Okolona Electric Department provides electricity to customers in 2 counties throughout the nation.
