Salt River Electric: Rates and Coverage Area

Salt River Electric

Electricity Rates, Plans & Statistics

High Power Bills?

Reduce or replace your electricity bill with solar

About Salt River Electric

Salt River Electric supplies electricity to 5 counties in Kentucky. The entity is an electricity cooperative. Salt River Electric's average residential electricity price per kilowatt hour is 11.81 cents per kilowatt hour, which is 8.51% less than the average Kentucky price of 12.91 cents and 27.18% below the national average of 16.22. They sold 1,227,378 megawatt hours via retail sales in 2023. The electricity sourced by Salt River Electric is made up primarily of megawatt hours they purchased by way of the wholesale electricity market. This category comprises 100.00% of the total electricity sourced by the company. In 2023 the provider had total electricity related revenue of $130,265,000, with 98.59% coming from retail sales.

The average monthly residential electric bill for a customer of Salt River Electric is $164.31 per month. Consumers of the company deal with 1.32 power outages on average per year, with outages lasting an average of 156 minutes. The national averages for these data points are 1.44 outages at 123.49 minutes each. The company is not associated with any power plants and all of the electricity that they sell to their consumers must be purchased from other companies.

Salt River Electric Net Metering

Net metering is offered to customers of Salt River Electric. This is a positive for any consumer potentially installing solar panels, as net metering allows them to sell their unneeded electricity back to the grid.

Energy Loss

Salt River Electric reports energy loss of 3.06% of their generation during transmission. The state average for energy loss is 3.30% and the US average is 2.43%. This leaves Salt River Electric with a ranking of 18th best out of 58 companies in Kentucky and 552nd best out of 3530 suppliers in the United States.

Salt River Electric Rate & Electric Bills

Salt River Electric residential electric rates are highest in May and the highest average bill is in July.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.127/kWh$0.084/kWh$205.34/mo.$86.19/mo.
601st11.81¢Salt River Electric's Average residential price per kWh
2202nd$164.31Average monthly electricity bill for Salt River Electric's residential customers

Go Solar for less than your cell phone bill.

Salt River Electric Overview

  • Company Type:Cooperative
  • Headquarters:111 West Brashear Avenue
    Bardstown, Kentucky 40004
    United States of America
  • CEO:Tim Sharp

Salt River Electric Contact

Salt River Electric Service

Energy provider of the year for Kentucky, Major Provider Category
Top 3 Lowest Residential Electricity Rate
Kentucky, Major Provider Category
Claim Award

Energy Loss

Salt River Electric's energy loss due to business operations.

-3.06%

Total Energy Loss

38,698MWh

552 National Rank

Grid Reliability

Length & Frequency of Salt River Electric's Power Outages

156 min.

vs. national average of 123.49 min.

1.32 outages/yr

vs. national average of 1.44

Power Outages

Currently, 0 customers are being tracked in Salt River Electric.

Learn more

Customers Out:

0

Go Solar for less than your cell phone bill.

Salt River Electric Coverage Map

Coverage Map Placeholder

Salt River Electric State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Kentucky52,453145,807,488.3615100%

Salt River Electric County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Bullitt County83,836311.91$146.87/mo
Marion County19,556413.92$171.89/mo
Nelson County46,440411.98$156.48/mo
Spencer County19,256311.96$157.38/mo
Washington County11,957412.04$158.42/mo

Cities Salt River Electric Has Coverage

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

Salt River Electric Reviews

Write a Review of Salt River Electric

Salt River Electric FAQ:

When will Salt River Electric power be restored?

Salt River Electric's outages last, on average, approximately 156 minutes per outage.

What cities does Salt River Electric provider electricity in?

Salt River Electric has customers in 12 cities throughout the nation including Kentucky.

Who is the CEO of Salt River Electric?

The current CEO of Salt River Electric is Tim Sharp.

What is the average bundled bill for Salt River Electric customers each month?

Salt River Electric currently has an average monthly bundled electric bill of $164.31, compared to the Kentucky average of $140.39 and the national of $140.39 for bundled service.

What is the average bundled electricity rate for Salt River Electric customers?

Consumers of Salt River Electric, on average, have an electricity bundled rate 11.81 cents per kilowatt hour (¢/kWh).

How many counties does Salt River Electric sell electricity in?

Salt River Electric provides electricity in 5 counties throughout the United States.

What is the phone number for Salt River Electric?

The Salt River Electric phone number is (800) 221-7465.

Matt Hope
Last Reviewed By: Matt Hope
Published: 2024-06-11