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. The provider last reported a total of 20,564 total customers. Exactly 19 of them are industrial customers, 2,702 are commercial accounts and the rest are residential accounts. Consumers of Panola Harrison Electric spend, on average, 13.47 cents per kilowatt hour for their electricity. Fortunately for their consumers, this rate is less than the nationwide average rate of 15.64 cents per kilowatt hour. A total of 410,383 megawatt hours were sold to retail customers in 2022 by the supplier. Wholesale power purchases made up 100.00% of the total electricity sourced by the company and 443,108 megawatt hours were purchased by way of wholesale channels. The total revenue for the company for 2022 from electricity sales was $55,661,600, with $54,914,700 coming from retail sales to end users.
The national average monthly residential electric bill is $132.69, while the Panola Harrison Electric average is 29.24% higher at $171.49 per month. Panola Harrison Electric ranks 2651st 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.
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 7.39% 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 2.87%, giving Panola Harrison Electric a rank of 1286th best out of 3517 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 March.
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
- Table Of Contents:
Energy Loss
Panola Harrison Electric's energy loss due to business operations.
Total Energy Loss
32,725MWh
1286 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 | 9,405 | 24,605,800 | 22 | 49.29% |
| Texas | 11,159 | 30,308,900 | 129 | 50.71% |
Panola Harrison Electric County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Harrison County | 69,955 | 3 | 13.07 | $155.35/mo |
| Panola County | 22,583 | 4 | 13.33 | $162.93/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 13.47 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 $171.49.
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.
