Olive Hill Utilities: Rates and Coverage Area

Olive Hill Utilities

Electricity Rates, Plans & Statistics

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About Olive Hill Utilities

Olive Hill Utilities is a municipally owned organization providing electricity in Olive Hill, Kentucky and rural areas of Carter County. The supplier has 200 commercial customer accounts and 979 residential accounts within their service area that they supply electricity to. Patrons of Olive Hill Utilities are billed an average residential electricity price of 15.31 cents per kilowatt hour, ranking the company at 59th out of 61 companies in the state and 2145th out of 2892 in the country. There were a total of 20,681 megawatt hours sold to retail consumers in 2019 by the provider. The electricity sourced was made up of megawatt hours purchased by way of the wholesale electricity market. They purchased 22,867 on the wholesale market. The total revenue for the company for 2019 from electricity sales was $2,831,900, with 95.65% coming from retail sales to end users.

The US average monthly residential electric bill is $135.39, while the Olive Hill Utilities average is 11.93% higher at $151.55 per month. Olive Hill Utilities is the 2286th ranked supplier in the country for average monthly bill amount. The company currently does not generate their own electricity. Instead, they must purchase that electricity at wholesale rates and then resell it at a higher rate to end users.

Olive Hill Utilities Rate & Electric Bills

Olive Hill Utilities residential electric rates are highest in October and the highest average bill is in July.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.170/kWh$0.124/kWh$218.03/mo.$101.63/mo.
2145th15.31¢Olive Hill Utilities' Average residential price per kWh
2286th$151.55Average monthly electricity bill for Olive Hill Utilities' residential customers

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Olive Hill Utilities Overview

  • Company Type:Municipal
  • Headquarters:225 Roger Patton Drive
    Olive Hill, Kentucky 41164
    United States of America
  • Director/Superintendent:Chimila Hargett

Olive Hill Utilities Contact

Olive Hill Utilities Service

    • States Served:
      • Kentucky
    • Counties Served:
      • Carter County
    • Major Cities Served:

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    Olive Hill Utilities Coverage Map

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    Olive Hill Utilities State Coverage

    StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
    Kentucky1,1792,925,636.4858100%

    Olive Hill Utilities County Coverage

    CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
    Carter County26,820315.10$159.15/mo

    Olive Hill Utilities Reviews

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    Olive Hill Utilities FAQ:

    What is the phone number for Olive Hill Utilities?

    Olive Hill Utilities' customer service phone number is (606) 286-2192

    What is the average bundled bill for Olive Hill Utilities customers each month?

    Consumers of Olive Hill Utilities pay, on average, a monthly bundled bill of $151.55.

    What is the average bundled electricity rate for Olive Hill Utilities customers?

    The average bundled rate of electricity for consumers of Olive Hill Utilities is 15.31 cents per kilowatt hour (¢/kWh).

    Who is the CEO of Olive Hill Utilities?

    Olive Hill Utilities' CEO is Chimila Hargett.

    Fernando García
    Last Reviewed By: Fernando García
    Published: 2024-06-13