Rich Mountain Electric Cooperative: Rates and Coverage Area

Rich Mountain Electric Cooperative

Electricity Rates, Plans & Statistics

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About Rich Mountain Electric Cooperative

With headquarters in Mena, Arkansas, Rich Mountain Electric Cooperative supplies electricity to 2 states throughout the country. Rich Mountain Electric Cooperative's customers spend, on average, 12.77 cents per kilowatt hour for their electricity. This is 18.87% below the nationwide average rate of 15.73 cents, resulting in the provider ranking 1157th out of 2892 companies in the United States for best average electricity rate. A total of 170,229 megawatt hours were sold to retail consumers in 2019 by the supplier. The megawatt hours sourced by the provider primarily came from megawatt hours that they purchased via wholesale channels. They purchased 181,098 on the wholesale market. The total revenue for Rich Mountain Electric Cooperative for 2019 from electricity sales was $16,512,700, with $16,307,000 from retail sales to end users.

Patrons of the company pay an average monthly residential electricity bill of $152.23. This is 12.44% above the nationwide average bill of $135.39. 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 Rate & Electric Bills

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

Historical Electricity Rates:

Price Per kWhAverage Bill$0.146/kWh$0.096/kWh$228.32/mo.$89.19/mo.
1157th12.77¢Rich Mountain Electric Cooperative's Average residential price per kWh
2306th$152.23Average monthly electricity bill for Rich Mountain Electric Cooperative's residential customers

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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

    Energy provider of the year for Oklahoma, Mid-Sized Provider Category
    Top 3 Lowest Residential Electricity Rate
    Oklahoma, Mid-Sized Provider Category
    Claim Award
    Energy provider of the year for Oklahoma, Major Provider Category
    Lowest Residential Electricity Rate
    Oklahoma, Major Provider Category
    Claim Award
    Energy provider of the year for Oklahoma, Major Provider Category
    Lowest Residential Electricity Rate
    Oklahoma, Major Provider Category
    Claim Award

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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
    Arkansas8,84020,744,742.923397.11%
    Oklahoma507526,209.36832.89%

    Rich Mountain Electric Cooperative County Coverage

    CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
    Howard County12,894311.86$119.69/mo
    Montgomery County8,525313.21$144.68/mo
    Pike County10,234412.60$122.53/mo
    Polk County19,476312.00$125.37/mo
    Scott County9,928512.42$129.39/mo
    Sevier County16,074312.00$126.08/mo

    Cities Rich Mountain Electric Cooperative Has Coverage

    * 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 $152.23, compared to the nationwide of $135.39 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 12.77 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.

    King Manalo
    Last Reviewed By: King Manalo
    Published: 2024-06-13