Rich Mountain Electric Cooperative

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Rich Mountain Electric Cooperative Rate & Electric Bills

Rich Mountain Electric Cooperative residential electric rates are highest in January and the highest average bill is in September.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.114/kWh$0.105/kWh$129.58/mo.$116.26/mo.
704th10.53¢Rich Mountain Electric Cooperative's Average residential price per kWh
1691st$116.26Average monthly electricity bill for Rich Mountain Electric Cooperative's residential customers

About Rich Mountain Electric Cooperative

With headquarters in Mena, Arkansas, Rich Mountain Electric Cooperative supplies electricity to 2 states throughout the country. There are 9,065 customer accounts receiving electricity from the supplier. These accounts are made up of 8,569 residential customers, 495 commercial customers and one industrial customer. The average residential electricity price for consumers of Rich Mountain Electric Cooperative is about 10.53 cents per kilowatt hour. This is 22.99% below the US average rate of 13.67 cents, resulting in the supplier ranking 704th lowest for average electricity rate out of 2922 suppliers in the country. In 2019 Rich Mountain Electric Cooperative had retail sales of 170,229 megawatt hours. The electricity sourced consisted of megawatt hours procured on the wholesale market. They purchased 181,098 megawatt hours on the wholesale market. In 2019, the supplier had revenue of $16,307,000 from retail electricity sales to end users.

Patrons of the company pay an average monthly residential electricity bill of $116.26. This is 3.90% below the nationwide average bill of $120.98. Electricity generation is not handled in house at the company, as they purchase power at wholesale rates and then resell to their end users.

Rich Mountain Electric Cooperative Net Metering

Rich Mountain Electric Cooperative, fortunately, allows consumers to participate in net metering. Net metering allows citizens to sell megawatt hours back to the grid, which makes the installation of solar panels and other alternative electricity sources more financially viable.

Rich Mountain Electric Cooperative Overview

  • Company Type:Cooperative
  • Headquarters:515 Janssen Avenue
    Mena, Arkansas 71953
    United States of America
  • CEO:Brad Castor

Rich Mountain Electric Cooperative Contact

Rich Mountain Electric Cooperative Service

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    Energy provider of the year for Oklahoma, Mid-Sized Provider Category
    Top 3 Lowest Residential Electricity Rate
    Oklahoma, Mid-Sized Provider Category
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    Energy provider of the year for Oklahoma, Major Provider Category
    Lowest Residential Electricity Rate
    Oklahoma, Major Provider Category
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    Energy provider of the year for Oklahoma, Major Provider Category
    Lowest Residential Electricity Rate
    Oklahoma, Major Provider Category
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    Rich Mountain Electric Cooperative Coverage Map

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    Rich Mountain Electric Cooperative State Coverage

    StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
    Arkansas8,52415,317,0003496.79%
    Oklahoma541433,504.05843.21%

    Rich Mountain Electric Cooperative County Coverage

    CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
    Howard County12,785311.29$114.95/mo
    Montgomery County8,484311.13$119.64/mo
    Pike County10,171411.55$114.29/mo
    Polk County19,221311.19$116.09/mo
    Scott County9,836511.62$123.06/mo
    Sevier County15,839311.21$118.45/mo

    Cities Rich Mountain Electric Cooperative Has Coverage

    • Dierks, AR
    • Hatfield, AR
    • Mena, AR
    • Oden, AR

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

    Rich Mountain Electric Cooperative Reviews

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    Rich Mountain Electric Cooperative FAQ:

    What is the average bundled bill for Rich Mountain Electric Cooperative customers each month?

    Rich Mountain Electric Cooperative currently has an average monthly bundled electric bill of $116.26, compared to the nationwide of $120.98 for bundled service.

    What is the average BUNDLED electricity rate for Rich Mountain Electric Cooperative customers?

    The average BUNDLED rate of electricity for consumers of Rich Mountain Electric Cooperative is 10.53 cents per kilowatt hour (¢/kWh).

    What is the phone number for Rich Mountain Electric Cooperative?

    You can reach Rich Mountain Electric Cooperative by phone via (877) 828-4074.

    Who is the CEO of Rich Mountain Electric Cooperative?

    Rich Mountain Electric Cooperative's CEO is Brad Castor.

    How many counties does Rich Mountain Electric Cooperative supply electricity to?

    There are 6 counties that receive at least some electricity coverage by Rich Mountain Electric Cooperative including Oklahoma and Arkansas.

    What cities does Rich Mountain Electric Cooperative sell electricity to?

    Rich Mountain Electric Cooperative has customers in 4 cities throughout the nation.

    How many states does Rich Mountain Electric Cooperative sell electricity to?

    There are 2 states that receive at least some electricity coverage by Rich Mountain Electric Cooperative.

    Last Reviewed By: King Manalo
    Published: 2022-08-01