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 21,040 customer accounts who are receiving service from the supplier. These customers are made up of 91.10% residential customer accounts, 8.85% commercial locations and 0.05% industrial properties. Consumers of Petit Jean Electric Cooperative spend, on average, 13.45 cents per kilowatt hour for their electricity. This is 16.89% below the US average price of 16.19 cents, which ranks the company 1293rd lowest for average electricity price out of 2885 companies in the nation. They sold 293,659 megawatt hours in 2023 via retail sales. The electricity sourced consisted of megawatt hours purchased via the wholesale electricity market. They purchased 317,686 on the wholesale market. In 2023 the provider had total electricity related revenue of $41,428,000, with 90.86% from retail sales.

The average residential electricity bill for a customer of Petit Jean Electric Cooperative is $134.79 per month, while the state average is $131.08. Customers of the company pay a 2.60% markup compared to other residents of Arkansas. Electricity production is not handled in house at the company, as they purchase electricity at wholesale rates from other providers to then be resold to their customers. The provider's consumers are faced with an average of 1.33 electrical outages per consumer per year. These outages last an average of 177.76 minutes, while the nationwide average is 1.44 outages per customer and 123.49 minutes each outage.