Powell Valley Electric Cooperative

About Powell Valley Electric Cooperative

Powell Valley Electric Cooperative is headquartered in New Tazewell, Tennessee and provides electricity in 2 states within the US This service area also comprises 7 cities within these states. On average, Powell Valley Electric Cooperative bills their consumers a residential electricity rate of 11.83 cents per kilowatt hour , which is lower than the national average rate of 15.70 cents per kilowatt hour. In 2023 the company sold 95.97% of their total megawatt hours disposed to end users (known as retail sales). The electricity sourced by Powell Valley Electric Cooperative is made up of primarily wholesale purchased megawatt hours, with 681,078 megawatt hours procured by the company. In 2023 the provider had total electricity related revenue of $71,851,000, with 92.21% from retail sales.

Consumers of the company have an average monthly residential power bill of $131.39. This is 5.27% less than the United States average bill of $138.7. Powell Valley Electric Cooperative generates 66 megawatt hours from their electricity facilities, which ranks them as the 11th highest generator of electricity in Tennessee out of 84 suppliers. The supplier's customers experience an average of 4.6 power outages per customer per year. These outages last for an average of 211.78 minutes, while the US average is 1.44 outages per consumer and 123.49 minutes per outage. Electricity generation facilities managed by the company use non-renewable fuel sources to generate 100.00% of their total electricity production, or 66 megawatt hours. They rank 545th in the US out of 3530 suppliers.