Sequachee Valley Electric Cooperative

About Sequachee Valley Electric Cooperative

Sequachee Valley Electric Cooperative provides electricity to 9 counties in the state including counties like Hamilton County, Cumberland County, Coffee County, Franklin County, and Marion County. The company is an electric cooperative. There are 37,815 customer accounts receiving electricity from the supplier. These customer accounts are made up of 0.02% industrial customers, 15.32% commercial properties and 84.66% residential customers. Customers of Sequachee Valley Electric Cooperative spend, on average, 12.89 cents per kilowatt hour for their electricity, which is 4.91% higher than the average Tennessee price of 12.29 cents and 18.20% lower than the nationwide average of 15.76. The company had sales of 849,637 megawatt hours in 2022 sold to end users. The electricity sourced by the company primarily came from megawatt hours that they acquired by way of the wholesale electricity market. They purchased 903,191 wholesale megawatt hours. Their revenue in 2022 from electricity related activities was $105,931,700, with $102,385,000 coming from retail sales to end users.

The state average monthly residential electric bill is $140.79, while the Sequachee Valley Electric Cooperative average is 5.37% more at $148.06 per month. Sequachee Valley Electric Cooperative is the 62nd ranked provider in the state for average monthly bill amount. The power grid owned by the provider has an average of 3.19 outages per consumer per year, with outages lasting roughly 255.28 minutes. The US average for other companies is 1.45 outages per consumer and 171.11 minutes each outage. The company currently does not generate any of the electricity that they sell. Instead, they must purchase that electricity at wholesale rates from other suppliers and then resell it to end consumers.