Taylor Electric

About Taylor Electric

Taylor Electric is an electric cooperative located in Medford, Wisconsin and serving customers in 5 cities in Wisconsin such as the cities of Medford, Dorchester, Athens, Rib Lake, and Stetsonville. The most recent data reported by the company showed a customer base of 4,510 accounts. Exactly 270 of these are commercial customers and 4,240 are residential properties. Taylor Electric charges their consumers a residential electricity rate of 15.07 cents per kilowatt hour on average , which is less than both the Wisconsin and US average prices of 16.99 and 15.64 cents per kilowatt hour, respectively. In 2019 Taylor Electric sold 69,237 megawatt hours via retail sales to end users. The electricity generated in the company's power plants made up 0.07% of the electricity sourced by the company. The purchase of wholesale electricity made up an additional 99.93%. In 2019, they made a total of $9,810,700 from business activities relating to the sale and transfer of electricity. They had 99.38% of their revenue coming from retail sales to end users.

Customers of the provider pay an average monthly residential electricity bill of $168.94. This is 43.28% above the state average bill of $111.51. The company currently does not produce their own electricity. Instead, they must purchase that electricity at wholesale rates from other suppliers and then resell it to end customers.