Tipp City Electric

About Tipp City Electric

Tipp City Electric is a municipally owned organization serving Tipp City, Ohio and rural areas of Miami County. The provider has 4,556 residential accounts, 532 commercial customer accounts and 23 industrial customer accounts. On average, Tipp City Electric's residential electricity price is 11.55 cents per kilowatt hour, which is 7.27% lower than the average state rate of 12.46 cents. In 2019 they sold 95.06% of their disposition to end users (known as retail sales). The electricity sourced by Tipp City Electric is made up primarily of megawatt hours they purchased by way of wholesale channels. This category makes up 100.00% of all electricity sourced by the company. In 2019, the company made a total of $18,558,000 from business activities relating to the sale and transfer of electricity. They had 96.94% of their revenue coming from retail sales to end users.

The Ohio average monthly residential electricity bill is $112.65, while the Tipp City Electric average is 12.61% less at $97.4 per month. This is the 43rd lowest average monthly bill amount for a supplier in the state. The supplier does not have ownership in any power facilities and all of the megawatt hours that they sell to their consumers must be purchased from other suppliers.