Planters Electric Membership Corporation

About Planters Electric Membership Corporation

Planters Electric Membership Corporation is an electric cooperative located in Millen, Georgia and serving customers in 5 cities in Georgia such as the cities of Augusta-Richmond County consolidated government, Millen, Sylvania, Guyton, and Hiltonia. Planters Electric Membership Corporation's consumers are billed an average residential electricity rate of 13.38 cents per kilowatt hour. This is 15.07% lower than the national average rate of 15.76 cents, ranking the provider at 1392nd best for average electricity price out of 2892 providers in the United States. The supplier sold 287,198 megawatt hours through retail sales in 2022. The electricity sourced by the company is made up primarily of megawatt hours they acquired on wholesale channels. Of the total electricity sourced whole purchased made up 100.00%. The total revenue for Planters Electric Membership Corporation in 2022 from electricity sales was $40,267,000, with 94.76% coming from retail sales to end users.

Customers of the provider pay an average monthly residential electricity bill of $152.59. This is 6.84% above the state average bill of $143.33. The company currently does not produce their own electricity. Instead, they must purchase that electricity at wholesale rates from other suppliers and then resell it to end customers.