Owen Electrictric Cooperative
Owen Electrictric Cooperative serves 9 counties and is classified as an electric cooperative. The provider last reported a total of 63,141 total customers, 95.92% of which are residential customers, 4.03% are commercial accounts and 0.04% are industrial properties. Consumers of Owen Electrictric Cooperative purchase electricity for, on average, 10.52 cents per kilowatt hour. Luckily, this is 4.96% less than the state's average rate of 11.07 cents, which ranks the provider 19th best for average electricity price out of 58 providers in the state. The company had sales of 2,307,841 megawatt hours in 2020 sold to end users. The electricity sourced consisted of megawatt hours that they purchased by way of wholesale channels. They purchased 2,346,388 on the wholesale market. In 2020, the company made 99.08% of their revenue from retail electricity sales to end users.
About Owen Electrictric Cooperative
The state average monthly residential electricity bill is $122.32, while the Owen Electrictric Cooperative average is 3.95% less at $117.57 per month. This is the 35th lowest average monthly bill amount for a supplier in Kentucky. The company currently does not produce any of the electricity that they sell. Instead, they must purchase that electricity at wholesale prices from other companies and then resell it at a higher rate to end users.
Offering net metering to customers is a win-win situation for Owen Electrictric Cooperative and citizens who receive their electricity from the company. The purchase of solar panels and alternative electricity sources is often prohibitively priced for individuals. Net metering allows purchasers of these electricity sources to sell unused electricity back to the grid, making the installation of these alternative sources financially possible .
Owen Electrictric Cooperative reports energy loss of 1.55% of their production from heat dissipation and other causes. This percentage of electricity lost gives them a rank of 3rd best out of 58 companies who report energy loss in the state.
Owen Electrictric Cooperative Rate & Electric Bills
Owen Electrictric Cooperative residential electric rates are highest in January and the highest average bill is in July.
Historical Electric Rates:
Owen Electrictric Cooperative Overview
- Company Type:Cooperative
- Headquarters:8205 Highway 127 North
Owenton, Kentucky 40359
United States of America
- CEO:Michael Cobb
Owen Electrictric Cooperative Contact
Owen Electrictric Cooperative Service
- States Served:
- Counties Served:
- Kenton County
- Boone County
- Campbell County
- Scott County
- Grant County
- Major Cities Served:
- Burlington CDP
- Francisville CDP
- Oakbrook CDP
- Table Of Contents:
Owen Electrictric Cooperative's energy loss due to business operations.
Total Energy Loss
134 National Rank
Owen Electrictric Cooperative Coverage Map
Owen Electrictric Cooperative State Coverage
|State||Customers||Sales ($)||State Rank Based On Revenue||% of Provider's Residential Sales in State|
Owen Electrictric Cooperative County Coverage
|County||Population||Providers||Avg. County Rate (¢)||Avg. Electric Bill|
Cities Owen Electrictric Cooperative Has Coverage
- Alexandria, KY
- Butler, KY
- Corinth, KY
- Covington, KY
- Crittenden, KY
- Dry Ridge, KY
- Elsmere, KY
- Erlanger, KY
- Florence, KY
- Georgetown, KY
- Glencoe, KY
- Gratz, KY
- Independence, KY
- Monterey, KY
- Owenton, KY
- Sadieville, KY
- Sparta, KY
- Union, KY
- Walton, KY
- Warsaw, KY
- Williamstown, KY
* City coverage generated based on government data. Always verify you can get service from the provider.
Owen Electrictric Cooperative Reviews
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Owen Electrictric Cooperative FAQ:
How much is the average bill for Owen Electrictric Cooperative customers each month?
Owen Electrictric Cooperative currently has an average monthly electric bill of $117.57, compared to the Kentucky average of $122.32 and the nationwide of $122.32.
Who is the CEO of Owen Electrictric Cooperative?
Michael Cobb is the CEO of Owen Electrictric Cooperative.
What is the average electricity rate for Owen Electrictric Cooperative customers?
Customers of Owen Electrictric Cooperative, on average, have an electricity rate 10.52 cents per kilowatt hour (¢/kWh).
What is the phone number for Owen Electrictric Cooperative?
You can reach Owen Electrictric Cooperative by phone via (800) 372-7612.
How many counties does Owen Electrictric Cooperative supply electricity in?
There are 9 counties that receive at least some electricity coverage by Owen Electrictric Cooperative.
What cities does Owen Electrictric Cooperative offer service in?
Owen Electrictric Cooperative serves electricity to 21 cities.