Okolona Electric Department
Electricity Rates, Plans & Statistics
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About Okolona Electric Department
On average, Okolona Electric Department charges their patrons a residential electricity rate of 12.64 cents per kilowatt hour. This is, fortunately, 6.12% less than Mississippi's average price of 13.46 cents, ranking the provider at 23rd best for average electricity rate out of 50 suppliers in the state. There were a total of 84,196 megawatt hours sold via retail sales in 2023 by the supplier. During the same timeframe, the company purchased 91,510 megawatt hours by way of wholesale channels. In 2023, the supplier made 96.34% of their revenue from retail electricity sales to end users. Their revenue from electricity activities was $11,234,700.
Consumers of the supplier pay an average monthly residential power bill of $153.11. This is 4.14% below the state average of $159.03. The provider currently does not generate any of the electricity that they sell. Instead, they must purchase that electricity at wholesale rates from other suppliers and then resell it at a higher rate to end customers.
Okolona Electric Department currently loses approximately 7.91% of the electricity that they produce. The state of Mississippi has an energy loss average of 2.61% and the countrywide average is 2.43%, resulting in Okolona Electric Department receiving a rank of 42nd best out of 48 suppliers reporting energy loss in Mississippi.
Okolona Electric Department Rate & Electric Bills
Okolona Electric Department residential electric rates are highest in April and the highest average bill is in July.
Historical Electricity Rates:
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Okolona Electric Department Overview
- Company Type:Municipal
- Headquarters:209 West Main Street
Okolona, Mississippi 38860
United States of America - Director/Superintendent:Eddie Tucker
Okolona Electric Department Contact
- Website:www.okolonaed.com
- Customer Service Phone:(662) 447-5482
- Contact Page:www.okolonaed.com
Okolona Electric Department Service
- Rates & Plans:static1.squarespace.com
- States Served:
- Mississippi
- Counties Served:
- Monroe County
- Chickasaw County
- Major Cities Served:
- Okolona
- Van Vleet CDP
Energy Loss
Okolona Electric Department's energy loss due to business operations.
Total Energy Loss
7,235MWh
1358 National Rank
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Okolona Electric Department Coverage Map
Okolona Electric Department State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| Mississippi | 5,535 | 11,651,925.58 | 45 | 100% |
Okolona Electric Department County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Chickasaw County | 17,100 | 4 | 12.75 | $147.32/mo |
| Monroe County | 34,448 | 6 | 12.61 | $161.01/mo |
Okolona Electric Department Reviews
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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 12.64 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 $153.11.
How many counties does Okolona Electric Department provider electricity in?
Okolona Electric Department provides electricity to customers in 2 counties throughout the nation.
