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 65,230 accounts, 37 of which are industrial customers, 2,651 are commercial customers and 62,542 are residential properties. On average, Owen Electrictric Cooperative's residential electricity rate is 12.86 cents per kilowatt hour. While this is higher than the Kentucky average price of 12.52 cents per kilowatt hour, it is lower than the United States average of 15.64 cents. In 2022 Owen Electrictric Cooperative sold 2,538,898 megawatt hours by way of retail sales to end users. The electricity sourced by Owen Electrictric Cooperative is made up primarily of megawatt hours they procured on the wholesale market. This category comprises 100.00% of all electricity sourced by the company. Their total revenue in 2022 from electricity activities was $227,863,000, with 98.82% coming from retail sales to end users.
The nationwide average monthly residential electricity bill is $132.69, while the Owen Electrictric Cooperative average is 9.69% higher at $145.56 per month. Owen Electrictric Cooperative ranks 2158th in the US for average monthly bill total. 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 1.85% 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 January.
Historical Electricity Rates:
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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
- Website:www.owenelectric.com
- Customer Service Phone:(800) 372-7612
- Contact Page:www.owenelectric.com
- Social Media:
Owen Electrictric Cooperative Service
- Rates & Plans:www.owenelectric.com
- Outage Map:outage.owenelectric.com
- Outage Phone:(800) 372-7612
- States Served:
- Kentucky
- Counties Served:
- Kenton County
- Boone County
- Campbell County
- Scott County
- Grant County
- Major Cities Served:
- Covington
- Georgetown
- Florence
- Independence
- Erlanger
- Burlington CDP
- Alexandria
- Francisville CDP
- Oakbrook CDP
- Elsmere
- Table Of Contents:
Energy Loss
Owen Electrictric Cooperative's energy loss due to business operations.
Total Energy Loss
47,898MWh
180 National Rank
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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 |
|---|---|---|---|---|
| Kentucky | 65,230 | 225,179,000 | 9 | 100% |
Owen Electrictric Cooperative County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Boone County | 139,093 | 3 | 12.65 | $131.46/mo |
| Campbell County | 93,300 | 3 | 12.51 | $124.89/mo |
| Carroll County | 10,808 | 3 | 12.68 | $146.97/mo |
| Gallatin County | 8,694 | 2 | 12.76 | $143.70/mo |
| Grant County | 24,918 | 4 | 12.76 | $142.24/mo |
| Kenton County | 170,313 | 2 | 12.50 | $121.23/mo |
| Owen County | 11,160 | 2 | 12.70 | $142.65/mo |
| Pendleton County | 14,625 | 6 | 12.61 | $147.61/mo |
| Scott County | 56,267 | 3 | 12.26 | $138.43/mo |
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:
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 $145.56.
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 12.86 cents per kilowatt hour (¢/kWh).
