REA Electric: Rates and Coverage Area

REA Electric

Electricity Rates, Plans & Statistics

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About REA Electric

REA Electric provides electricity for 6 counties in Pennsylvania such as the counties of Westmoreland County, Cambria County, Blair County, Indiana County, and Armstrong County. The company is an electricity cooperative. With 22,769 total consumers, the provider supplies electricity to 13 industrial locations, 1,854 commercial locations and 20,902 residential customer accounts. REA Electric charges their patrons a residential electricity rate of 12.61 cents per kilowatt hour on average. This is 19.37% below the US average rate of 15.64 cents, which ranks the supplier 1313th out of 2893 suppliers in the nation for lowest average electricity price. The provider sold 382,037 megawatt hours by way of retail sales in 2022. The electricity sourced by the supplier primarily came from megawatt hours that they procured on the wholesale electricity market. They purchased 405,155 wholesale megawatt hours. The revenue for REA Electric for 2022 from electricity sales was $48,898,000, with $44,773,000 from retail sales to end users.

The average monthly residential power bill for a consumer of REA Electric is $120.2 per month. Customers of the company pay 8.46% less 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 5.54% of the electricity that they generate. This percentage of electricity lost gives them a rank of 1002nd best out of 3517 suppliers reporting energy loss in the US.

REA Electric Rate & Electric Bills

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

Historical Electricity Rates:

Price Per kWhAverage Bill$0.126/kWh$0.119/kWh$120.20/mo.$110.49/mo.
1313th12.61¢REA Electric's Average residential price per kWh
1431st$120.2Average monthly electricity bill for REA Electric's residential customers

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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.

-5.54%

Total Energy Loss

22,442MWh

1002 National Rank

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REA Electric Coverage Map

Coverage Map Placeholder

REA Electric State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Pennsylvania22,76944,773,00013100%

REA Electric County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Armstrong County64,7476117.70$148.92/mo
Blair County121,0325720.82$159.54/mo
Cambria County131,4416120.80$159.53/mo
Indiana County82,9575720.74$159.23/mo
Jefferson County44,4915720.92$158.97/mo
Westmoreland County352,0576018.22$150.81/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

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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 $120.20.

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

REA Electric's current average bundled electricity rate is 12.61 cents per kilowatt hour (¢/kWh), compared to the average Pennsylvania bundled rate of 17.35 cents and the average nationwide rate of 15.64 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 40 cities.

How many counties does REA Electric supply electricity to?

REA Electric sells electricity to customers in 6 counties.

Ginalyn Gelera
Last Reviewed By: Ginalyn Gelera
Published: 2023-12-06