REA Electric: Rates and Coverage Area

REA Electric

Electricity Rates, Plans & Statistics

High Power Bills?

Reduce or replace your electricity bill with solar

About REA Electric

REA Electric provides electricity for 4 counties in Pennsylvania such as the counties of Cambria County, Indiana County, Clearfield County, and Jefferson County. The company is an electricity cooperative. With 23,684 total consumers, the provider supplies electricity to 31 industrial locations, 2,198 commercial locations and 21,455 residential customer accounts. REA Electric charges their patrons a residential electricity rate of 14.22 cents per kilowatt hour on average. This is 12.12% below the US average rate of 16.19 cents, which ranks the supplier 1610th out of 2885 suppliers in the nation for lowest average electricity price. The provider sold 370,745 megawatt hours by way of retail sales in 2023. The electricity sourced by the supplier primarily came from megawatt hours that they procured on the wholesale electricity market. They purchased 391,495 wholesale megawatt hours. The revenue for REA Electric for 2023 from electricity sales was $53,734,000, with $49,946,000 from retail sales to end users.

The average monthly residential power bill for a consumer of REA Electric is $145.48 per month. Customers of the company pay 3.39% more compared to the rest of the state. The supplier does not have ownership in any electricity generation facilities and all of the megawatt hours that they sell to their consumers must be purchased wholesale from other providers.

REA Electric Net Metering

Consumers of REA Electric can take advantage of net metering solutions, which is a positive for both parties. Net metering allows private individuals to sell kilowatt hours back to their provider, which makes the purchase of solar and other electricity sources more financially viable.

Energy Loss

Loss of electricity due to heat dissipation during electricity transmission and other causes is a reality of operating in the electricity production business. Suppliers must report these losses to government agencies who track electricity infrastructure efficiencies. REA Electric recently reported a yearly loss of around 5.15% of the electricity that they generate. This percentage of electricity lost gives them a rank of 1078th best out of 3530 suppliers reporting energy loss in the US.

REA Electric Rate & Electric Bills

REA Electric residential electric rates are highest in April and the highest average bill is in January.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.150/kWh$0.109/kWh$188.65/mo.$85.80/mo.
1610th14.22¢REA Electric's Average residential price per kWh
1800th$145.48Average monthly electricity bill for REA Electric's residential customers

Go Solar for less than your cell phone bill.

REA Electric Overview

  • Company Type:Cooperative
  • Headquarters:75 Airport Road
    Indiana, Pennsylvania 15701
    United States of America
  • CEO:Chad Carrick

REA Electric Contact

REA Electric Service

Energy Loss

REA Electric's energy loss due to business operations.

-5.15%

Total Energy Loss

20,143MWh

1078 National Rank

Power Outages

Currently, 0 customers are being tracked in REA Electric.

Learn more

Customers Out:

0

Go Solar for less than your cell phone bill.

REA Electric Coverage Map

Coverage Map Placeholder

REA Electric State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Pennsylvania23,64168,596,336.139100%

REA Electric County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Cambria County131,4417818.12$141.69/mo
Clearfield County77,9047319.50$141.16/mo
Indiana County82,9577418.75$150.00/mo
Jefferson County44,4917419.88$150.77/mo

Cities REA Electric Has Coverage

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

REA Electric Reviews

Write a Review of REA Electric

REA Electric FAQ:

What is the average bundled bill for REA Electric customers each month?

Consumers of REA Electric pay, on average, a monthly bundled bill of $145.48.

What is the average bundled electricity rate for REA Electric customers?

REA Electric's current average bundled electricity rate is 14.22 cents per kilowatt hour (¢/kWh), compared to the average Pennsylvania bundled rate of 17.15 cents and the average nationwide rate of 16.19 cents.

What is the phone number for REA Electric?

REA Electric's customer service phone number is (724) 349-4800

Who is the CEO of REA Electric?

REA Electric's current CEO is Chad Carrick.

What cities does REA Electric sell electricity in?

REA Electric provides electricity to 44 cities.

How many counties does REA Electric supply electricity to?

REA Electric sells electricity to customers in 4 counties.

Matt Hope
Last Reviewed By: Matt Hope
Published: 2024-10-31