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 Grayson County, but the company also operates in in 4 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 17,457 customers receiving their services. Exactly 6 of these customers are industrial properties, 2,243 are commercial customers and 15,208 are residential accounts. The average residential electricity rate for customers of PenTex Cooke County Electric Coop is approximately 15.39 cents per kilowatt hour, which is 9.89% higher than the average state price of 14.01 cents and 1.54% lower than the US average of 15.64. The company sold 398,246 megawatt hours in 2022 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 0.67% and 99.33%, respectively, of the total electricity sourced. Their revenue for 2022 from electricity activities was $55,788,100, with 99.48% coming from retail sales to end users.

The Texas average monthly residential electricity bill is $158.61, while the PenTex Cooke County Electric Coop average is 24.01% higher at $190.48 per month. PenTex Cooke County Electric Coop is the 180th 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.