Petit Jean Electric Cooperative

About Petit Jean Electric Cooperative

Petit Jean Electric Cooperative is an electricity cooperative operating in 9 different cities throughout Arkansas including Clinton, Fairfield Bay, Marshall, Quitman, and Guy. There are a total of 20,488 customer accounts who are receiving service from the supplier. These customers are made up of 90.18% residential customer accounts, 9.78% commercial locations and 0.04% industrial properties. Consumers of Petit Jean Electric Cooperative spend, on average, 12.79 cents per kilowatt hour for their electricity. This is 13.80% below the US average price of 14.84 cents, which ranks the company 1689th lowest for average electricity price out of 2906 companies in the nation. They sold 302,268 megawatt hours in 2021 via retail sales. The electricity sourced consisted of megawatt hours purchased via the wholesale electricity market. They purchased 323,514 on the wholesale market. In 2021 the provider had total electricity related revenue of $38,459,100, with 97.71% from retail sales.

The average residential electricity bill for a customer of Petit Jean Electric Cooperative is $125.7 per month, while the state average is $131.38. Customers of the company pay a 4.30% markdown compared to other residents of Arkansas. The provider is not associated with any electricity plants and all of the power that they sell to their customers must be purchased from other companies.