Owen Electrictric Cooperative
Electricity Rates, Plans & Statistics
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About Owen Electrictric Cooperative
Owen Electrictric Cooperative serves electricity to 9 counties in the state such as the counties of Kenton County, Boone County, Campbell County, Scott County, and Grant County. The company is an electric cooperative. Recently filed reports by the company showed a customer base of 63,141 accounts, 28 of which are industrial customers, 2,547 are commercial customers and 60,566 are residential properties. On average, Owen Electrictric Cooperative's residential electricity rate is 10.52 cents per kilowatt hour. Fortunately for their patrons, this price is below both the Kentucky and the United States average rates of 12.02 and 14.11 cents per kilowatt hour, respectively. The company had total sales and disposition of 2,346,388 megawatt hours in 2020, of which 2,307,841 megawatt hours were via retail sales. The purchase of wholesale electricity made up 100.00% of the electricity sourced by the company. In 2020, the supplier earned $158,700,000 from retail electricity sales to end users.
The national average monthly residential electricity bill is $125.95, while the Owen Electrictric Cooperative average is 6.66% less at $117.57 per month. This is the 1711th lowest average monthly bill amount for a provider in the US. The provider currently does not generate their own electricity. Instead, they must purchase that electricity at wholesale prices from other suppliers and then resell it to end users.
Offering net metering to consumers is a win-win situation for Owen Electrictric Cooperative and individuals who get their electricity from the company. The purchase of solar panels and alternative electricity sources is often prohibitively priced for private individuals. Net metering allows purchasers of these electricity sources to sell extra wattage back to their electricity supplier, making the installation of these alternative sources more financially friendly.
Owen Electrictric Cooperative reported an annual loss of about 1.55% of the electricity that they produce. Loss of energy due to heat dissipation during electricity transmission and other causes is a reality of operating in the electricity generation industry and providers are required to report these losses. This percentage of electricity lost earns them a rank of 3rd best out of 58 providers reporting 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 Electricity 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:
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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
* 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:
Who is the CEO of Owen Electrictric Cooperative?
Owen Electrictric Cooperative's CEO is Michael Cobb.
What is the average bundled bill for Owen Electrictric Cooperative customers each month?
Customers of Owen Electrictric Cooperative pay, on average, a monthly bundled bill of $117.57.
What is the phone number for Owen Electrictric Cooperative?
The Owen Electrictric Cooperative phone number is (800) 372-7612.
What cities does Owen Electrictric Cooperative offer service in?
Owen Electrictric Cooperative provides electricity to 21 cities in the nation including Kentucky.
How many counties does Owen Electrictric Cooperative supply electricity to?
There are 9 counties that receive at least some electricity coverage by Owen Electrictric Cooperative including Kentucky.
What is the average bundled electricity rate for Owen Electrictric Cooperative customers?
The average bundled rate of electricity for consumers of Owen Electrictric Cooperative is 10.52 cents per kilowatt hour (¢/kWh).