Osage Valley Electric

About Osage Valley Electric

Osage Valley Electric is an electric cooperative providing electricity in 42 cities throughout Missouri including Belton, Raymore, Harrisonville, Clinton, and Peculiar. Recently filed reports by the company showed a customer base of 17,656 customer accounts. Exactly 1,028 of these customers are commercial customers and 16,628 are residential customers. Osage Valley Electric averages 12.87 cents per kilowatt hour billed to their patrons for residential electricity. This is 17.71% lower than the nationwide average rate of 15.64 cents, which ranks the supplier 1444th lowest for average electricity rate out of 2893 suppliers in the United States. They sold 307,005 megawatt hours via retail sales in 2022. The electricity sourced by the company is made up of primarily wholesale purchased megawatt hours, with 326,230 megawatt hours purchased by the company. The supplier earned $38,968,000 in 2022, which they earned entirely from electricity sales to end users.

The Missouri average monthly residential electric bill is $126.23, while the Osage Valley Electric average is 35.30% higher at $173.07 per month. Osage Valley Electric ranks 120th in the state for average monthly bill amount. Consumers of the supplier deal with 0.91 power outages on average each year, with outages lasting about 88.26 minutes. The national averages for outages and duration are 1.27 outages at 137.24 minutes each. The company currently does not produce any of the electricity that they sell. Instead, they must purchase that electricity at wholesale prices and then resell it to end users.