People's Electric Cooperative: Rates and Coverage Area

People's Electric Cooperative

Electricity Rates, Plans & Statistics

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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. People's Electric Cooperative's customers purchase electricity for, on average, 10.93 cents per kilowatt hour . This is less than both the state and US average rates of 12.31 and 16.15 cents per kilowatt hour, respectively. They sold 338,295 megawatt hours through wholesale channels to other electricity providers and 854,399 megawatt hours by way of retail sales in 2023. Of the megawatt hours they sourced, 273,874 of them were generated by power plants owned by the company and 946,362 megawatt hours were procured by way of the wholesale electricity market. In 2023, the provider made a total of $103,840,900 from business activities relating to the sale and transfer of electricity. They had 79.82% of their revenue coming from retail sales to end users and 18.15% from sales to the wholesale market.

The average monthly residential power bill for a consumer of People's Electric Cooperative is $154.19 per month. Electricity generation is not part of the People's Electric Cooperative business model, 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 2.17% of the electricity they produce. The state of Oklahoma has an energy loss average of 3.75% and the countrywide average is 2.43%, 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 September and the highest average bill is in July.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.141/kWh$0.099/kWh$258.47/mo.$109.49/mo.
372nd10.93¢People's Electric Cooperative's Average residential price per kWh
2110th$154.19Average monthly electricity bill for People's Electric Cooperative's residential customers

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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

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.

-2.17%

Total Energy Loss

26,503MWh

320 National Rank

Power Outages

Currently, 0 customers are being tracked in People's Electric Cooperative.

Learn more

Customers Out:

0

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People's Electric Cooperative Coverage Map

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People's Electric Cooperative State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Oklahoma24,04986,386,925.6711100%

People's Electric Cooperative County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Atoka County14,080512.26$144.39/mo
Coal County5,294311.07$149.03/mo
Garvin County25,949411.46$139.03/mo
Hughes County13,406411.43$149.54/mo
Johnston County10,446511.47$143.01/mo
McClain County41,258611.84$144.19/mo
Murray County13,874211.48$140.33/mo
Pittsburg County43,836312.69$140.10/mo
Pontotoc County38,102210.96$149.26/mo
Seminole County23,798311.88$144.95/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 $154.19. The Oklahoma average bundled bill is $133.88 and the national average is $133.88.

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?

The People's Electric Cooperative phone number is (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 10.93 cents per kilowatt hour (¢/kWh), compared to the average state bundled rate of 12.31 cents and the average national rate of 16.15 cents.

What cities does People's Electric Cooperative offer service to?

People's Electric Cooperative serves 21 cities.

Ginalyn Gelera
Last Reviewed By: Ginalyn Gelera
Published: 2024-09-14