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.

Owen Electrictric Cooperative Net Metering

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 .

Energy Loss

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:

Price Per kWHAverage Bill$0.111/kWh$0.105/kWh$127.36/mo.$117.57/mo.
833rd10.52¢Owen Electrictric Cooperative's Average residential price per kWh
1942nd$117.57Average monthly electric bill for Owen Electrictric Cooperative's residential customers

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

Energy provider of the year for Kentucky, Major Provider Category
Top 3 Lowest Energy Loss
Kentucky, Major Provider Category
Claim Award
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%Light BulbIcon representing Light Bulb.

Total Energy Loss

36,333MWh

134 National Rank

Owen Electrictric Cooperative Coverage Map

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Owen Electrictric Cooperative State Coverage

StateArrow UpArrow pointing upwards.CustomersArrow UpArrow pointing upwards.Sales ($)Arrow UpArrow pointing upwards.State Rank Based On RevenueArrow UpArrow pointing upwards.% of Provider's Residential Sales in StateArrow UpArrow pointing upwards.
Kentucky63,141158,700,00010100%

Owen Electrictric Cooperative County Coverage

CountyArrow UpArrow pointing upwards.PopulationArrow UpArrow pointing upwards.ProvidersArrow UpArrow pointing upwards.Avg. County Rate (¢)Arrow UpArrow pointing upwards.Avg. Electric BillArrow UpArrow pointing upwards.
Boone County133,581310.28$108.89/mo
Campbell County93,584310.19$105.82/mo
Carroll County10,631310.58$123.02/mo
Gallatin County8,869210.54$118.09/mo
Grant County25,069410.48$115.95/mo
Kenton County166,998210.10$102.61/mo
Owen County10,901210.56$118.39/mo
Pendleton County14,590510.36$120.16/mo
Scott County57,004310.53$121.55/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:

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.

Last Reviewed By: Alex Zdanov
Published: 2021-03-16Last Updated: 2021-08-25