Rayle Electric Membership Corporation

About Rayle Electric Membership Corporation

Rayle Electric Membership Corporation is an electricity cooperative. The largest county served by Rayle Electric Membership Corporation is Clarke County, but the company also operates in in 9 counties in the state. Electricity companies must regularly report the total number of customers signed up for their services to government agencies. On the most recent reports the supplier reported a total of 18,762 customers receiving their services. Exactly 5 of these customers are industrial properties, 3,002 are commercial customers and 15,755 are residential accounts. The average residential electricity rate for customers of Rayle Electric Membership Corporation is approximately 13.08 cents per kilowatt hour, which is 3.42% lower than the average state price of 13.55 cents and 7.30% less than the US average of 14.11. The company sold 269,210 megawatt hours in 2020 by way of traditional retail accounts. Wholesale power purchases made up 100.00% of the total electricity sourced . Exactly 288,269 megawatt hours were acquired by way of the wholesale market. In 2020, the company earned 97.30% of their revenue from retail electricity sales to end users. Their total revenue from electricity related activities was $35,745,900.

The Georgia average monthly residential electricity bill is $144.46, while the Rayle Electric Membership Corporation average is 4.03% higher at $139.38 per month. Rayle Electric Membership Corporation is the 65th ranked company in the state for average monthly bill amount. The supplier does not have ownership in any power facilities and all of the megawatt hours that they sell to their consumers must be purchased from other suppliers.