Rural Electric Cooperative: Rates and Coverage Area

Rural Electric Cooperative

Electricity Rates, Plans & Statistics

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About Rural Electric Cooperative

Rural Electric Cooperative provides electricity to 4 counties in Oklahoma including counties like Grady County, Stephens County, McClain County, and Garvin County. The company is an electricity cooperative. Recently filed reports by the company showed a customer base of 12,439 customer accounts. Exactly 11 of these are industrial accounts, 3,543 are commercial customer accounts and 8,885 are residential customers. Rural Electric Cooperative's average residential electricity price per kilowatt hour is 12.47 cents per kilowatt hour. While this is higher than the state average rate of 12.08 cents per kilowatt hour, it is below the United States average of 15.59 cents. The company sold 523,939 megawatt hours in 2022 by way of traditional retail sales. The electricity they sourced consisted of megawatt hours that they procured on the wholesale market. They purchased 553,432 on the wholesale market. They earned $55,825,400 in total revenue from electricity-related activities in 2022 through sales to retail end-users alone.

The average residential power bill for a customer of Rural Electric Cooperative is $150.79 per month, while the nationwide average is $133.21. Electricity production is not part of the Rural Electric Cooperative business plan, as they purchase power at wholesale rates from other companies and then resell to their end users.

Rural Electric Cooperative Net Metering

Customers of Rural Electric Cooperative have the ability to take advantage of net metering. Net metering makes solar panel installation more economically viable as it allows people to sell electricity into the grid.

Energy Loss

Electricity companies regularly report energy lost through heat dissipation and other causes to government agencies who track electricity grid efficiencies. Rural Electric Cooperative recently reported a loss of 5.24% of their electricity production amount. The state of Oklahoma has an energy loss average of 3.42% and the United States average is 2.87%, giving Rural Electric Cooperative a rank of 21st best out of 87 providers reporting energy loss in the state.

Rural Electric Cooperative Rate & Electric Bills

Rural Electric Cooperative residential electric rates are highest in January and the highest average bill is in June.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.125/kWh$0.107/kWh$150.79/mo.$117.82/mo.
1235th12.47¢Rural Electric Cooperative's Average residential price per kWh
2275th$150.79Average monthly electricity bill for Rural Electric Cooperative's residential customers

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Rural Electric Cooperative Overview

  • Company Type:Cooperative
  • Headquarters:13942 Highway 76
    Lindsay, Oklahoma 73052
    United States of America
  • CEO:Anthony Smith

Rural Electric Cooperative Contact

Rural Electric Cooperative Service

Energy Loss

Rural Electric Cooperative's energy loss due to business operations.

-5.24%

Total Energy Loss

29,013MWh

939 National Rank

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Rural Electric Cooperative Coverage Map

Coverage Map Placeholder

Rural Electric Cooperative State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Oklahoma12,43955,825,40021100%

Rural Electric Cooperative County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Garvin County25,949511.83$137.86/mo
Grady County54,739513.15$148.09/mo
McClain County41,258611.86$139.32/mo
Stephens County42,983712.84$158.24/mo

Cities Rural Electric Cooperative Has Coverage

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

Rural Electric Cooperative Reviews

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Rural Electric Cooperative FAQ:

What is the phone number for Rural Electric Cooperative?

Rural Electric Cooperative's customer service phone number is (405) 756-3104

Who is the CEO of Rural Electric Cooperative?

Anthony Smith is the CEO of Rural Electric Cooperative.

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

Consumers of Rural Electric Cooperative pay, on average, a monthly bundled bill of $150.79.

How many counties does Rural Electric Cooperative supply electricity in?

Rural Electric Cooperative provides electricity to customers in 4 counties in the nation including Oklahoma.

What is the average bundled electricity rate for Rural Electric Cooperative customers?

The average bundled price of electricity for consumers of Rural Electric Cooperative is 12.47 cents per kilowatt hour (¢/kWh).

What cities does Rural Electric Cooperative supply electricity to?

Rural Electric Cooperative provides electricity to 13 cities throughout the nation including Oklahoma.

Alex Zdanov
Last Reviewed By: Alex Zdanov
Published: 2023-12-06