PenTex Cooke County Electric Coop

About PenTex Cooke County Electric Coop

PenTex Cooke County Electric Coop is an electricity cooperative. The largest county served by PenTex Cooke County Electric Coop is Denton County, but the company also operates in in 5 counties in the state. Electricity companies must regularly report the total number of customers signed up for their services to government agencies. On the most recent reports the supplier reported a total of 16,686 customers receiving their services. Exactly 5 of these customers are industrial properties, 2,232 are commercial customers and 14,449 are residential accounts. The average residential electricity rate for customers of PenTex Cooke County Electric Coop is approximately 10.99 cents per kilowatt hour, which is 11.42% lower than the average state price of 12.41 cents and 22.09% less than the US average of 14.11. The company sold 429,832 megawatt hours in 2020 by way of traditional retail accounts. The electricity sourced by PenTex Cooke County Electric Coop is made up of multiple sources including megawatt hours they generate in their electricity facilities and other megawatt hours procured by way of wholesale channels. These categories make up 0.17% and 99.83%, respectively, of the total electricity sourced. Their revenue for 2020 from electricity activities was $38,286,000, with 99.59% coming from retail sales to end users.

The Texas average monthly residential electricity bill is $140.36, while the PenTex Cooke County Electric Coop average is 9.94% higher at $127.85 per month. PenTex Cooke County Electric Coop is the 126th ranked company in the state for average monthly bill amount. The supplier does not have ownership in any power facilities and all of the megawatt hours that they sell to their consumers must be purchased from other suppliers.