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. There are 9,373 customer accounts receiving electricity from the supplier. These accounts are made up of 8,860 residential customers, 512 commercial customers and one industrial customer. The average residential electricity price for consumers of Rich Mountain Electric Cooperative is about 12.56 cents per kilowatt hour, which is 19.65% below the US average rate of 15.64 cents. In 2019 Rich Mountain Electric Cooperative sold 94.00% of their megawatt hours by way of normal retail sales to end users. Of the megawatt hours they sourced, 181,098 megawatt hours were procured via wholesale channels. In 2019, the provider made a total of $16,512,700 from business activities relating to the sale and transfer of electricity. They had revenue of $16,307,000 from retail sales to end users.
Patrons of the company pay an average monthly residential electricity bill of $155.47. This is 17.16% above the nationwide average bill of $132.69. Electricity generation is not handled in house at the company, as they purchase power at wholesale rates and then resell to their end users.
Rich Mountain Electric Cooperative, fortunately, allows consumers to participate in net metering. Net metering allows citizens to sell megawatt hours back to the grid, which makes the installation of solar panels and other alternative electricity sources more financially viable.
Rich Mountain Electric Cooperative Rate & Electric Bills
Rich Mountain Electric Cooperative residential electric rates are highest in January and the highest average bill is in November.
Historical Electricity Rates:
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Rich Mountain Electric Cooperative Overview
- Company Type:Cooperative
- Headquarters:515 Janssen Avenue
Mena, Arkansas 71953
United States of America - CEO:Brad Castor
Rich Mountain Electric Cooperative Contact
- Website:www.rmec.com
- Customer Service Phone:(877) 828-4074
- Contact Page:www.rmec.com
- Social Media:
Rich Mountain Electric Cooperative Service
- States Served:
- Oklahoma
- Arkansas
- Counties Served:
- Polk County
- Sevier County
- Howard County
- Pike County
- Scott County
- Major Cities Served:See all cities
- Table Of Contents:
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Rich Mountain Electric Cooperative Coverage Map
Rich Mountain Electric Cooperative State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| Arkansas | 8,847 | 21,182,000 | 33 | 96.81% |
| Oklahoma | 526 | 595,641.39 | 83 | 3.19% |
Rich Mountain Electric Cooperative County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Howard County | 12,894 | 3 | 11.89 | $122.42/mo |
| Montgomery County | 8,525 | 3 | 13.07 | $144.13/mo |
| Pike County | 10,234 | 4 | 12.58 | $123.41/mo |
| Polk County | 19,476 | 3 | 11.99 | $128.16/mo |
| Scott County | 9,928 | 5 | 12.35 | $129.89/mo |
| Sevier County | 16,074 | 3 | 11.99 | $128.88/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 $155.47, compared to the nationwide of $132.69 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 12.56 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.
