Ouachita Electric Cooperative

About Ouachita Electric Cooperative

Ouachita Electric Cooperative provides electricity to 5 counties in the state including counties like Ouachita County, Bradley County, Nevada County, Dallas County, and Calhoun County. The company is an electric cooperative. There are 9,351 customer accounts receiving electricity from the supplier. These customer accounts are made up of 0.19% industrial customers, 9.26% commercial properties and 90.55% residential customers. Customers of Ouachita Electric Cooperative spend, on average, 12.54 cents per kilowatt hour for their electricity, which is 0.35% higher than the average Arkansas price of 12.50 cents and 19.80% lower than the nationwide average of 15.64. About 225,377 megawatt hours were sold by the company to retail end users in 2022 and 1,142 megawatt hours were sold to other providers through whole channels. The electricity sourced by Ouachita Electric Cooperative is made up primarily of megawatt hours they purchased by way of the wholesale market. This category makes up 100.00% of the total electricity sourced by the company. In 2022, the supplier earned 99.36% of their revenue from retail electricity sales and 0.51%from wholesale customers. Their total revenue from all electricity related activities was $23,276,000.

The state average monthly residential electric bill is $129.65, while the Ouachita Electric Cooperative average is 11.01% lower at $115.04 per month. This is the 14th lowest average monthly bill amount for a provider in the state. The provider currently does not produce their own electricity. Instead, they must purchase that electricity at wholesale prices from other companies and then resell it to end users.