People's Electric Cooperative

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About People's Electric Cooperative

People's Electric Cooperative is an electricity cooperative. The largest county serviced by People's Electric Cooperative is Pittsburg County, but the company also provides electricity in 10 counties in the state of Oklahoma. The company last reported a total of 22,032 customers, 14,079 of which are residential accounts, 7,924 are commercial customers and 29 of which are industrial properties. The residential electricity rate for customers of People's Electric Cooperative is, on average, 12.08 cents per kilowatt hour, which is 3.47% higher than the state's average price of 11.67 cents. In 2020 the company sold 714,524 megawatt hours by way of retail sales to end users. The electricity sourced by the company is made up of multiple sources of megawatt hours including 218,982 megawatt hours produced at power plants they own and 784,697 acquired on the wholesale market. In 2020, the provider made a total of $77,910,300 from business activities relating to the sale and transfer of electricity. They had revenue of $11,601,000 coming from sales to the wholesale electricity market.

The average monthly residential power bill for a consumer of People's Electric Cooperative is $166.35 per month. Customers of the supplier are faced with 1.65 electrical outages on average per year, with outages lasting an average of 215.34 minutes. The national averages for these data points are 1.21 outages at 122.99 minutes each. Electricity production is not handled in house at the company, as they purchase power at wholesale rates from other providers to then be resold to their customers.

People's Electric Cooperative Net Metering

Luckily, People's Electric Cooperative allows consumers to participate in net metering. Without net metering, solar panel installation is significantly less attractive economically, as consumers have no way to sell excess energy back to their electric company.

Energy Loss

Energy loss is always a reality when dealing with electricity transmission. People's Electric Cooperative currently averages a loss of around 2.04% of the electricity they produce. The state of Oklahoma has an energy loss average of 3.39% and the countrywide average is 2.76%, resulting in People's Electric Cooperative receiving a rank of 6th best out of 87 companies reporting energy loss in Oklahoma.

People's Electric Cooperative Rate & Electric Bills

People's Electric Cooperative residential electric rates are highest in January and the highest average bill is in October.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.121/kWh$0.105/kWh$166.35/mo.$149.41/mo.
1479th12.08¢People's Electric Cooperative's Average residential price per kWh
2781st$166.35Average monthly electricity bill for People's Electric Cooperative's residential customers

People's Electric Cooperative Overview

  • Company Type:Cooperative
  • Headquarters:1600 North Country Club Road
    Ada, Oklahoma 74820
    United States of America
  • CEO:Kevin Wood

People's Electric Cooperative Contact

People's Electric Cooperative Service

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Energy provider of the year for Oklahoma, Major Provider Category
Top 3 Least Outages Per Year
Oklahoma, Major Provider Category
Claim Award
Energy provider of the year for Oklahoma, Major Provider Category
Top 3 Lowest Energy Loss
Oklahoma, Major Provider Category
Claim Award

Energy Loss

People's Electric Cooperative's energy loss due to business operations.

-2.04%

Total Energy Loss

20,445MWh

195 National Rank

Grid Reliability

Length & Frequency of People's Electric Cooperative's Power Outages

215.34 min.

vs. national average of 122.99 min.

1.65 outages/yr

vs. national average of 1.21

People's Electric Cooperative Coverage Map

Coverage Map Placeholder

People's Electric Cooperative State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Oklahoma22,03265,303,30012100%

People's Electric Cooperative County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Atoka County14,143511.49$130.76/mo
Coal County5,266411.82$146.16/mo
Garvin County25,656511.62$135.02/mo
Hughes County13,367411.48$140.49/mo
Johnston County10,272511.65$139.78/mo
McClain County41,662611.96$142.38/mo
Murray County13,904211.87$143.87/mo
Pittsburg County43,773411.55$127.31/mo
Pontotoc County38,065311.92$149.28/mo
Seminole County23,556411.06$132.97/mo

Cities People's Electric Cooperative Has Coverage

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

People's Electric Cooperative Reviews

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People's Electric Cooperative FAQ:

Who is the CEO of People's Electric Cooperative?

The CEO of People's Electric Cooperative is Kevin Wood.

What is the average bundled bill for People's Electric Cooperative customers each month?

The average monthly bundled electric bill for customers of People's Electric Cooperative is $166.35. The Oklahoma average bundled bill is $129.83 and the national average is $129.83.

How many counties does People's Electric Cooperative supply electricity to?

There are 10 counties that receive at least some electricity coverage by People's Electric Cooperative.

What is the phone number for People's Electric Cooperative?

You can reach People's Electric Cooperative by phone via (580) 332-3031.

What is the average bundled electricity rate for People's Electric Cooperative customers?

People's Electric Cooperative's current average bundled electricity rate is 12.08 cents per kilowatt hour (¢/kWh), compared to the average state bundled rate of 11.67 cents and the average national rate of 14.11 cents.

When will People's Electric Cooperative power be restored?

Average outage times for People's Electric Cooperative are roughly 215.343 minutes per outage.

What cities does People's Electric Cooperative supply electricity to?

People's Electric Cooperative provides electricity to 22 cities.

Last Reviewed By: Fernando García
Published: 2022-08-01