Rockwood Electric

About Rockwood Electric

Rockwood Electric is a municipally owned organization operating in Tennessee, including cities like Kingston, Harriman, Rockwood, and Midtown CDP. Recently, the company reported a customer base of 15,162 accounts, 11,929 of which are residential properties, 3,228 are commercial customer accounts and 5 are industrial accounts. The residential electricity rate for patrons of Rockwood Electric is, on average, 13.02 cents per kilowatt hour, resulting in the supplier ranking 71st out of 90 suppliers in Tennessee and 1504th out of 2893 in the country. In 2022 the company had retail sales of 306,093 megawatt hours. The electricity they sourced consisted of megawatt hours that they procured on the wholesale market. They purchased 325,250 on the wholesale market. Their revenue for 2022 from electricity related activities was $39,154,000, with $38,261,000 from retail sales to end users.

Patrons of the supplier pay an average monthly residential electric bill of $156.42. This is 17.88% higher than the national average bill of $132.69. The supplier is not associated with any power facilities and all of the electricity that they sell to their customers must be purchased from other providers.