Tri-County Electric Cooperative (Texas)

About Tri-County Electric Cooperative (Texas)

Tri-County Electric Cooperative (Texas) is an electricity cooperative headquartered in Aledo, Texas and serving customers in 16 counties in Texas such as the counties of Tarrant County, Denton County, Parker County, Wise County, and Hood County. At the moment, 137,482 customers are provided electricity by the supplier. These customers are a mix of 1.12% industrial accounts, 14.13% commercial customers and 84.75% residential accounts. Tri-County Electric Cooperative (Texas)'s customers are billed an average residential electricity price of 14.55 cents per kilowatt hour. This is 9.40% below the nationwide average price of 16.06 cents, resulting in the company ranking 1735th best for average electricity price out of 2885 providers in the nation. The company had sales of 3,298,540 megawatt hours in 2023 sold to end users. Wholesale power purchases made up 100.00% of the total electricity sourced by the company . Exactly 3,526,706 megawatt hours were purchased on wholesale channels. In 2023, the supplier made 98.71% of their revenue from retail electricity sales.

Patrons of the supplier pay an average monthly residential electricity bill of $215.73. This is 54.90% more than the nationwide average of $139.28. The electricity grid owned by the company experiences an average of 1.46 outages per consumer a year, with outages lasting roughly 146.3 minutes. The nationwide average for other providers is 1.44 outages per customer and 123.49 minutes an outage. Electricity production is not handled in house at the company, as they purchase electricity at wholesale rates to then be resold to their consumers.