Owen Electrictric Cooperative

Electricity Rates, Plans & Statistics

Power Bill Over $75?

Get Solar for as low as $0 down and $79/mo

Get a Quote

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:

Price Per kWhAverage Bill$0.111/kWh$0.105/kWh$127.36/mo.$117.57/mo.
701st10.52¢Owen Electrictric Cooperative's Average residential price per kWh
1732nd$117.57Average monthly electricity bill for Owen Electrictric Cooperative's residential customers

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 11.68 and 13.67 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 $120.98, while the Owen Electrictric Cooperative average is 2.82% less at $117.57 per month. This is the 1732nd 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.

Owen Electrictric Cooperative Net Metering

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.

Energy Loss

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 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

Reduce or replace your electricity bill with solar for as low as $0 down and $79/mo

Get started
Energy provider of the year for Kentucky, Major Provider Category
Top 3 Lowest Energy Loss
Kentucky, Major Provider Category
Claim Award

Energy Loss

Owen Electrictric Cooperative's energy loss due to business operations.

-1.55%

Total Energy Loss

36,333MWh

134 National Rank

Owen Electrictric Cooperative Coverage Map

Coverage Map Placeholder

Owen Electrictric Cooperative State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Kentucky63,141158,700,00011100%

Owen Electrictric Cooperative County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Boone County135,968310.83$114.06/mo
Campbell County93,076311.00$113.42/mo
Carroll County10,810310.78$124.79/mo
Gallatin County8,690210.63$118.81/mo
Grant County24,941410.58$116.86/mo
Kenton County169,064211.04$111.52/mo
Owen County11,278210.69$119.52/mo
Pendleton County14,644610.49$121.02/mo
Scott County57,155310.95$125.16/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

Write a Review of Owen Electrictric Cooperative

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).

Last Reviewed By: Alex Zdanov
Published: 2022-08-01