Tombigbee Electric Cooperative

About Tombigbee Electric Cooperative

Tombigbee Electric Cooperative is an electric cooperative serving the state of Alabama, including cities like Hamilton, Winfield, Guin, Vernon, and Sulligent. At the moment, there are 9,552 customers of the provider. About 13.66% of them are commercial accounts and 86.34% of them are residential properties. Tombigbee Electric Cooperative's patrons are billed an average residential electricity rate of 14.33 cents per kilowatt hour, which is 3.91% less than the average state price of 14.91 cents. The company had sales of 115,753 megawatt hours in 2019 sold to end users. The electricity sourced was made up of megawatt hours procured by way of the wholesale electricity market. They purchased 130,705 on the wholesale market. In 2019, they made a total of $16,180,000 from business activities relating to the sale and transfer of electricity. They had 98.00% of their revenue coming from retail sales to end users.

The Alabama average monthly residential electric bill is $164.27, while the Tombigbee Electric Cooperative average is 17.19% more at $141.45 per month. Tombigbee Electric Cooperative is the 28th ranked company in the state for average monthly bill amount. The provider 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.