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 13 cities in the state of Ohio. On average, Pioneer Rural Electric Cooperative charges their patrons a residential electricity rate of 16.64 cents per kilowatt hour. Regrettably, this is 0.76% higher than Ohio's average price of 16.51 cents, resulting in the supplier ranking 93rd out of 119 suppliers in the state for best average electricity price. In 2023 they had sales to end customers totaling 648,583 megawatt hours. The electricity they sourced was made up of megawatt hours procured by way of the wholesale market. They purchased 661,219 wholesale megawatt hours. In 2023, the company made a total of $73,670,400 from business activities relating to the sale and transfer of electricity. They had revenue of $73,601,900 from retail sales to end users.

The national average monthly residential electric bill is $141.25, while the Pioneer Rural Electric Cooperative average is 62.55% more at $229.6 per month. Pioneer Rural Electric Cooperative ranks 2885th 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 1.3 electrical outages each year with outages lasting on average 94.8 minutes.