Tennessee Valley Electric Cooperative

About Tennessee Valley Electric Cooperative

Tennessee Valley Electric Cooperative is an electricity cooperative operating in Tennessee, including cities like Savannah, Clifton, Waynesboro, Olivet CDP, and Collinwood. With 20,131 customers, the supplier serves 3,841 commercial customer accounts, 16,289 residential properties and one industrial customer. Tennessee Valley Electric Cooperative's average residential electricity rate per kilowatt hour is 11.67 cents per kilowatt hour, which is 4.80% below Tennessee's average price of 12.26 cents and 24.19% below the US average of 15.39 cents. The company sold 374,605 megawatt hours in 2021 through traditional retail accounts. Wholesale power purchases made up 100.00% of the total electricity sourced by the company and 390,474 megawatt hours were procured via wholesale channels. In 2021, the provider made a total of $44,740,300 from business activities relating to the sale and transfer of electricity. They had revenue of $43,806,000 from retail sales to end users.

Patrons of the supplier pay an average residential electricity bill of $127.35. This is 2.70% less than the national average of $130.88. The supplier is not associated with any power facilities and all of the electricity that they sell to their customers must be purchased from other providers.