Sweetwater Utilities

Electricity Rates, Plans & Statistics

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About Sweetwater Utilities

Sweetwater Utilities is a municipally owned entity. The largest county served by Sweetwater Utilities is Loudon County, but the company also operates in in 4 counties in the state of Tennessee. At the moment, 9,245 consumers receive their electricity from the company. These customers are a mix of 4 industrial properties, 2,050 commercial customers and 7,191 residential customer accounts. The average residential electricity rate for consumers of Sweetwater Utilities is roughly 10.54 cents per kilowatt hour. This is 25.30% less than the national average price of 14.11 cents, which ranks the provider 711th best for average electricity rate out of 2923 suppliers in the United States. In 2020 they sold 237,011 megawatt hours to end users (known as retail sales). The electricity sourced by the company is made up of primarily wholesale purchased megawatt hours, with 248,583 megawatt hours acquired by the company. In 2020, the supplier had revenue of $23,237,000 from retail electricity sales to end users.

The national average monthly residential power bill is $125.95, while the Sweetwater Utilities average is 4.23% more at $131.28 per month. Sweetwater Utilities is the 2189th ranked provider in the country for average monthly bill amount. The company currently does not generate their own electricity. Instead, they must purchase that electricity at wholesale prices and then resell it at a higher rate to end customers.

Energy Loss

Sweetwater Utilities recently reported an annual loss of about 4.66% of the electricity that they produce. Loss of electricity due to heat dissipation during electricity transmission and other causes is part of operating in the electricity production industry and companies must report these losses to government agencies who track electricity infrastructure efficiencies. The state average for energy loss is 2.57% and the United States average is 2.76%. This gives Sweetwater Utilities a ranking of 43rd best out of 84 electricity suppliers in the state and 808th best out of 3509 suppliers in the US.

Sweetwater Utilities Rate & Electric Bills

Sweetwater Utilities residential electric rates are highest in January and the highest average bill is in December.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.107/kWh$0.104/kWh$144.26/mo.$126.91/mo.
711th10.54¢Sweetwater Utilities' Average residential price per kWh
2189th$131.28Average monthly electricity bill for Sweetwater Utilities' residential customers

Sweetwater Utilities Overview

  • Company Type:Municipal
  • Headquarters:400 Hi-Way 322 East
    Sweetwater, Tenneessee 37874
    United States of America
  • Director/Superintendent:Eric Hicks

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Energy Loss

Sweetwater Utilities' energy loss due to business operations.

-4.66%

Total Energy Loss

11,572MWh

808 National Rank

Sweetwater Utilities Coverage Map

Coverage Map Placeholder

Sweetwater Utilities State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Tennessee9,24523,237,00067100%

Sweetwater Utilities County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Loudon County54,886410.75$135.27/mo
McMinn County53,276311.13$133.54/mo
Monroe County46,250410.79$139.27/mo
Roane County53,404611.52$132.75/mo

Cities Sweetwater Utilities Has Coverage

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

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Sweetwater Utilities FAQ:

What cities does Sweetwater Utilities supply electricity to?

Sweetwater Utilities provides electricity to 2 cities.

What is the average bundled bill for Sweetwater Utilities customers each month?

Consumers of Sweetwater Utilities pay, on average, a monthly bundled bill of $131.28.

Who is the CEO of Sweetwater Utilities?

Eric Hicks is the current CEO of Sweetwater Utilities.

How many counties does Sweetwater Utilities supply electricity in?

Sweetwater Utilities offers service to customers in 4 counties.

What is the average bundled electricity rate for Sweetwater Utilities customers?

Sweetwater Utilities' current average bundled electricity rate is 10.54 cents per kilowatt hour (¢/kWh), compared to the average state bundled rate of 11.35 cents and the average United States rate of 14.11 cents.

What is the phone number for Sweetwater Utilities?

The Sweetwater Utilities phone number is (423) 337-5081.

Last Reviewed By: Matt Hope
Published: 2022-08-09