Oxford Electric Utilities

About Oxford Electric Utilities

Oxford Electric Utilities is a municipally owned organization providing electricity in Lafayette County, Mississippi. The provider has 1,903 commercial customer accounts and 7,967 residential customer accounts spread throughout their service area whom they provide electricity services to. Patrons of Oxford Electric Utilities are charged an average residential electricity rate of 10.68 cents per kilowatt hour, resulting in the company ranking 15th out of 50 suppliers in Mississippi and 774th out of 2922 in the country. In 2020 they sold 95.42% of their total megawatt hours disposed by way of normal retail sales to end users. The electricity sourced was made up of megawatt hours that they acquired via the wholesale market. They purchased 213,128 wholesale megawatt hours. The revenue for Oxford Electric Utilities for 2020 from electricity sales was $21,599,100, with 98.32% coming from retail sales to end users.

Consumers of the supplier have an average monthly residential power bill of $92.3. This is 33.83% lower than the state average of $133.22. The provider currently does not produce any of the electricity that they sell. Instead, they must purchase that electricity at wholesale prices from other suppliers and then resell it to end consumers.