Pioneer Rural Electric Cooperative

About Pioneer Rural Electric Cooperative

Pioneer Rural Electric Cooperative is an electricity cooperative. The largest city served by the supplier is Dayton, but the company also provides electricity to 14 cities in the state of Ohio. Electricity companies must regularly report their customer counts to government agencies. Recently the provider listed 15,522 residential customers, 1,001 commercial customer accounts and 13 industrial customers signed up to receive electricity from the company. This is the entirety of their customers. Pioneer Rural Electric Cooperative averages 17.45 cents per kilowatt hour billed to their patrons for residential electricity. Unfortunately for their customers, this rate is higher than both the Ohio and the nationwide average prices of 17.29 and 15.76 cents per kilowatt hour, respectively. They sold 603,535 megawatt hours by way of retail sales in 2022. Of the megawatt hours they sourced, 624,065 megawatt hours were obtained via the wholesale market. Their revenue in 2022 from electricity activities was $72,677,600, with $71,323,300 coming from retail sales to end users.

The national average monthly residential electric bill is $135.34, while the Pioneer Rural Electric Cooperative average is 60.75% more at $217.56 per month. Pioneer Rural Electric Cooperative ranks 2893rd in the country for average monthly bill amount. The provider currently does not generate their own electricity. Instead, they must purchase that electricity at wholesale prices and then resell it at a higher rate to end customers. Customers of the company deal with 1.28 electrical outages each year with outages lasting on average 106.8 minutes.