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. The average residential electricity price for consumers of Tri-County Electric Cooperative (Texas) is around 14.47 cents per kilowatt hour, which is 8.20% below the average national price of 15.76 cents. Roughly 3,225,521 megawatt hours were sold by the provider to retail customers in 2022. During the same timeframe, Tri-County Electric Cooperative (Texas) purchased 3,378,182 megawatt hours by way of wholesale channels. In 2022, they made a total of $431,496,000 from business activities relating to the sale and transfer of electricity. They had revenue of $426,297,000 from retail sales to end users.

Patrons of the supplier pay an average monthly residential electricity bill of $219.41. This is 62.11% more than the nationwide average of $135.34. The electricity grid owned by the company experiences an average of 1.65 outages per consumer a year, with outages lasting roughly 132.1 minutes. The nationwide average for other providers is 1.45 outages per customer and 171.11 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.