Panola Harrison Electric

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About Panola Harrison Electric

Panola Harrison Electric is an electric cooperative providing electricity in 2 different states in the United States. This service territory also includes 4 cities within these states. The provider last reported a total of 20,148 total customers. Exactly 16 of them are industrial customers, 2,586 are commercial accounts and the rest are residential accounts. Consumers of Panola Harrison Electric spend, on average, 17.52 cents per kilowatt hour for their residential electricity. Unfortunately for their consumers, this rate is higher than the nationwide average rate 13.67 cents per kilowatt hour. A total of 378,287 megawatt hours were sold to retail customers in 2020 by the supplier. Wholesale power purchases made up 100.00% of the total electricity sourced by the company and 396,335 megawatt hours were purchased by way of wholesale channels. The total revenue for the company for 2020 from electricity sales was $33,686,600, with $32,886,800 coming from retail sales to end users.

The national average monthly residential electric bill is $120.97, while the Panola Harrison Electric average is 78.21% higher at $215.59 per month. Panola Harrison Electric ranks 2792nd in the country for average monthly bill amount. The provider currently does not produce any of the electricity that they sell. Instead, they must purchase that electricity at wholesale rates and then resell it to end users.

Panola Harrison Electric Net Metering

Offering net metering to customers is a win-win situation for Panola Harrison Electric and citizens who receive their electricity from the company. This is a positive for any customer potentially purchasing personal solar panels, as net metering allows them to sell their unneeded wattage into the grid.

Energy Loss

Panola Harrison Electric recently reported an annual loss of around 4.55% of the electricity that they produce. Loss of electricity due to heat dissipation during electricity transmission and other causes is part of operating in the electricity production industry and companies are required to report these losses to government agencies who track electricity infrastructure efficiencies. The US energy loss average is 2.76%, giving Panola Harrison Electric a rank of 790th best out of 3510 companies reporting energy loss in the country.

Panola Harrison Electric Rate & Electric Bills

Panola Harrison Electric residential electric rates are highest in January and the highest average bill is in October.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.100/kWh$0.088/kWh$130.31/mo.$107.66/mo.
2644th17.52¢Panola Harrison Electric's Average residential price per kWh
2792nd$215.59Average monthly electricity bill for Panola Harrison Electric's residential customers

Panola Harrison Electric Overview

  • Company Type:Cooperative
  • Headquarters:410 East Houston Street
    Marshall, Texas 75670
    United States of America
  • CEO:Austin Haynes

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Energy Loss

Panola Harrison Electric's energy loss due to business operations.

-4.55%

Total Energy Loss

18,048MWh

790 National Rank

Panola Harrison Electric Coverage Map

Coverage Map Placeholder

Panola Harrison Electric State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Louisiana9,34215,198,8002349.84%
Texas10,80617,688,00014750.16%

Panola Harrison Electric County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Harrison County68,839310.49$123.87/mo
Panola County22,491411.00$129.24/mo

Cities Panola Harrison Electric Has Coverage

  • Marshall, TX
  • Scottsville, TX
  • Uncertain, TX
  • Waskom, TX

* City coverage generated based on government data. Always verify you can get service from the provider.

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Panola Harrison Electric FAQ:

What is the phone number for Panola Harrison Electric?

You can reach Panola Harrison Electric by phone via (903) 935-7936.

What is the average BUNDLED electricity rate for Panola Harrison Electric customers?

The average BUNDLED rate of electricity for consumers of Panola Harrison Electric is 17.52 cents per kilowatt hour (¢/kWh).

How much is the average bundled bill for Panola Harrison Electric customers each month?

Consumers of Panola Harrison Electric pay, on average, a monthly bundled bill of $215.59.

What cities does Panola Harrison Electric provider electricity in?

Panola Harrison Electric supplies in 4 cities.

How many counties does Panola Harrison Electric offer service in?

There are 2 counties that receive at least some electricity coverage by Panola Harrison Electric.

How many states does Panola Harrison Electric supply electricity in?

There are 2 states that receive at least some electricity coverage by Panola Harrison Electric.

Who is the CEO of Panola Harrison Electric?

Panola Harrison Electric's current CEO is Austin Haynes.

Last Reviewed By: Alex Zdanov
Published: 2021-03-16Last Updated: 2022-06-02