Panola Harrison Electric
Electricity Rates, Plans & Statistics
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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. Panola Harrison Electric's consumers purchase electricity for, on average, 10.05 cents per kilowatt hour. This is 38.02% less than the US average rate of 16.22 cents. In 2023 they had sales to end users totaling 414,199 megawatt hours. The electricity sourced by the supplier primarily came from megawatt hours that they acquired by way of wholesale channels. They purchased 437,106 wholesale megawatt hours. In 2023, the company earned 98.24% of their revenue from retail electricity sales to end users. Their total revenue from electricity related activities was $40,243,600.
The US average monthly residential electric bill is $143.38, while the Panola Harrison Electric average is 10.46% less at $128.38 per month. 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.
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.
Panola Harrison Electric recently reported an annual loss of around 5.24% 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 2.43%, giving Panola Harrison Electric a rank of 1094th best out of 3530 companies reporting energy loss in the country.
Panola Harrison Electric Rate & Electric Bills
Panola Harrison Electric residential electric rates are highest in October and the highest average bill is in July.
Historical Electricity Rates:
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Panola Harrison Electric Overview
- Company Type:Cooperative
- Headquarters:410 East Houston Street
Marshall, Texas 75670
United States of America - CEO:Austin Haynes
Panola Harrison Electric Contact
- Website:www.phec.us
- Customer Service Phone:(903) 935-7936
- Contact Page:www.phec.us
Panola Harrison Electric Service
- Rates & Plans:www.phec.us
- Outage Phone:(800) 972-1093
- States Served:
- Texas
- Louisiana
- Counties Served:
- Harrison County
- Panola County
- Major Cities Served:See all cities
Energy Loss
Panola Harrison Electric's energy loss due to business operations.
Total Energy Loss
22,907MWh
1094 National Rank
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Panola Harrison Electric Coverage Map
Panola Harrison Electric State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| Louisiana | 9,727 | 18,522,794.48 | 24 | 49.44% |
| Texas | 11,539 | 23,332,986.98 | 138 | 50.56% |
Panola Harrison Electric County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Harrison County | 69,955 | 3 | 11.91 | $138.18/mo |
| Panola County | 22,583 | 4 | 12.25 | $150.89/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 10.05 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 $128.38.
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.
