Powell Valley Electric Cooperative

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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. Electricity providers must regularly report the number of customers they have to government agencies. Most recently the company listed a total of 4 industrial customers, 6,120 commercial accounts and 26,818 residential customers signed on for their services. This is the sum of their customers. Customers of Powell Valley Electric Cooperative are charged an average residential electricity rate of 10.25 cents per kilowatt hour, resulting in the provider ranking 591st out of 2923 in the country. The supplier had total sales and disposition of 569,379 megawatt hours in 2020, of which 92.91% were from sales to end users. The electricity sourced by the company is made up primarily of megawatt hours they purchased on the wholesale market. Of the electricity sourced whole purchased made up 100.00%. In 2020, the company made a total of $56,861,700 from business activities relating to the sale and transfer of electricity. They had 95.05% of their revenue coming from retail sales to end users.

Consumers of the company have an average monthly residential power bill of $105.45. This is 16.28% less than the United States average bill of $125.95. Electricity generation is not handled in house at the company, as they purchase electricity at wholesale rates and then resell to their consumers.

Energy Loss

Powell Valley Electric Cooperative reported an annual loss of approximately 6.59% of the electricity that they transmit. Loss of energy due to heat dissipation during electricity transmission and other causes is being in the electricity generation industry and suppliers are required to report these losses. This percentage of loss results in them receiving a rank of 1241st best out of 3509 providers who report energy loss in the US.

Powell Valley Electric Cooperative Rate & Electric Bills

Powell Valley Electric Cooperative residential electric rates are highest in January and the highest average bill is in December.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.107/kWh$0.102/kWh$120.99/mo.$105.45/mo.
591st10.25¢Powell Valley Electric Cooperative's Average residential price per kWh
1244th$105.45Average monthly electricity bill for Powell Valley Electric Cooperative's residential customers

Powell Valley Electric Cooperative Overview

  • Company Type:Cooperative
  • Headquarters:420 Straight Creek Road
    New Tazewell, Tennessee 37825
    United States of America
  • CEO:Randell Meyers

Powell Valley Electric Cooperative Contact

Powell Valley Electric Cooperative Service

  • Outage Phone:(423) 626-5204

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Energy Loss

Powell Valley Electric Cooperative's energy loss due to business operations.

-6.59%

Total Energy Loss

37,531MWh

1241 National Rank

Powell Valley Electric Cooperative Coverage Map

Coverage Map Placeholder

Powell Valley Electric Cooperative State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Tennessee24,69140,807,0005374.28%
Virginia8,25113,241,0002825.72%

Powell Valley Electric Cooperative County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Claiborne County32,043210.82$111.43/mo
Grainger County23,527311.61$137.92/mo
Hancock County6,662110.27$103.57/mo
Hawkins County56,721310.63$129.21/mo
Lee County22,173211.57$135.28/mo
Scott County21,576612.38$145.76/mo
Union County19,802411.10$122.42/mo

Cities Powell Valley Electric Cooperative Has Coverage

* City coverage generated based on government data. Always verify you can get service from the provider.

Powell Valley Electric Cooperative Reviews

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Powell Valley Electric Cooperative FAQ:

What is the phone number for Powell Valley Electric Cooperative?

You can reach Powell Valley Electric Cooperative by phone via (423) 626-5204.

Who is the CEO of Powell Valley Electric Cooperative?

The CEO of Powell Valley Electric Cooperative is Randell Meyers.

How much is the average bundled bill for Powell Valley Electric Cooperative customers each month?

Consumers of Powell Valley Electric Cooperative pay, on average, a monthly bundled bill of $105.45.

What is the average BUNDLED electricity rate for Powell Valley Electric Cooperative customers?

Consumers of Powell Valley Electric Cooperative, on average, have an electricity BUNDLED rate 10.25 cents per kilowatt hour (¢/kWh).

What cities does Powell Valley Electric Cooperative offer service to?

Powell Valley Electric Cooperative has customers in 7 cities.

How many states does Powell Valley Electric Cooperative offer service in?

There are 2 states that receive at least some electricity coverage by Powell Valley Electric Cooperative including Virginia and Tennessee.

How many counties does Powell Valley Electric Cooperative provider electricity in?

There are 7 counties that receive at least some electricity coverage by Powell Valley Electric Cooperative.

Last Reviewed By: Matt Hope
Published: 2022-08-19