Tarentum Borough Electric

About Tarentum Borough Electric

Tarentum Borough Electric provides electricity for 2 cities in the state such as the cities of Tarentum and Brackenridge. The entity is a municipally owned organization. At the time of the most recent government reports, the provider showed a total of 2,318 electricity customers. This total is made up of 1,974 residential customer accounts, 339 commercial customer accounts and 5 industrial properties. Tarentum Borough Electric's patrons are billed an average residential electricity rate of 15.48 cents per kilowatt hour . This is lower than both the state and the nationwide average prices of 17.35 and 15.64 cents per kilowatt hour, respectively. Of the 34,115 megawatt hours the provider sold and dispossessed, 93.29% were from retail sales. During the same timeframe, Tarentum Borough Electric procured 34,115 megawatt hours via wholesale electricity channels. Their total revenue in 2019 was $4,646,000 and came from sales to retail electricity customers alone.

Patrons of the provider have an average monthly residential electric bill of $93.68. This is 29.40% less than the US average bill of $132.69. Electricity production is not part of the Tarentum Borough Electric business plan, as they purchase power at wholesale rates to then be resold to their customers.