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 8 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 20,082 customers receiving their services. Exactly 4 of these customers are industrial properties, 3,451 are commercial customers and 16,627 are residential accounts. The average residential electricity rate for customers of Rayle Electric Membership Corporation is approximately 14.78 cents per kilowatt hour, which is 0.06% higher than the average state price of 14.77 cents and 8.52% lower than the US average of 16.15. The company sold 270,272 megawatt hours in 2023 by way of traditional retail accounts. Wholesale power purchases made up 100.00% of the total electricity sourced . Exactly 292,218 megawatt hours were acquired by way of the wholesale market. In 2023, the company earned 99.98% of their revenue from retail electricity sales to end users. Their total revenue from electricity related activities was $38,540,600.

The Georgia average monthly residential electricity bill is $155.7, while the Rayle Electric Membership Corporation average is 2.99% higher at $159.96 per month. Rayle Electric Membership Corporation is the 65th ranked company in the state for average monthly bill amount. Electricity production is not part of the Rayle Electric Membership Corporation business plan, as they purchase power at wholesale rates from other companies to then be resold to their consumers. Customers of the company deal with 2.73 power outages each year with outages lasting on average 267.38 minutes.