Ouachita Electric Cooperative

About Ouachita Electric Cooperative

Ouachita Electric Cooperative provides electricity to 6 counties in the state including counties like Ouachita County, Bradley County, Nevada County, Cleveland County, and Dallas County. The company is an electric cooperative. There are 9,544 customer accounts receiving electricity from the supplier. These customer accounts are made up of 0.19% industrial customers, 9.39% commercial properties and 90.42% residential customers. Customers of Ouachita Electric Cooperative spend, on average, 12.20 cents per kilowatt hour for their electricity, which is, fortunately, 24.78% below the average national rate of 16.22 cents. In 2023 the company sold 231,577 megawatt hours to end users (known as retail sales) and 853 megawatt hours to other companies via the wholesale market. Wholesale power purchases made up 100.00% of all electricity sourced and 238,895 megawatt hours were acquired via wholesale channels. In 2023 they had total electricity related revenue of $23,541,000, with 99.55% coming from retail sales and 0.32% from wholesale sales.

The state average monthly residential electric bill is $131.68, while the Ouachita Electric Cooperative average is 5.94% lower at $123.17 per month. This is the 15th 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.