Tonkawa, Oklahoma Electric Utility

About Tonkawa, Oklahoma Electric Utility

Tonkawa, Oklahoma Electric Utility is a municipally owned entity located in Tonkawa, Oklahoma and supplying power to customers in Kay County, Oklahoma. Electricity suppliers must regularly report the total number of customers they have to government agencies. In the most recent report the provider reported a total of 1,512 customers being supplied electricity by the company. Exactly 1,265 of these customers are residential accounts, 246 are commercial properties and one is an industrial account. The average residential electricity rate for patrons of Tonkawa, Oklahoma Electric Utility is approximately 11.77 cents per kilowatt hour, which is 3.12% below the average Oklahoma price of 12.15 cents and 24.72% less than the nationwide average of 15.64. Of the 31,535 megawatt hours Tonkawa, Oklahoma Electric Utility sold and dispossessed, 31,535 were from retail sales. The electricity sourced by the company is made up primarily of megawatt hours they procured on the wholesale market. This category makes up 100.00% of all electricity sourced. They earned $3,390,900 in total revenue for 2019, which all came from retail electricity sales.

The nationwide average monthly residential electric bill is $132.69, while the Tonkawa, Oklahoma Electric Utility average is 5.09% less at $125.93 per month. This is the 1626th lowest average monthly bill amount for a provider in the nation. The company does not have ownership in any power plants and all of the power that they sell to their customers must be purchased from other providers.