Tri-County Electric Membership Corporation (Kentucky)

About Tri-County Electric Membership Corporation (Kentucky)

Tri-County Electric Membership Corporation (Kentucky) is an electricity cooperative providing electricity in 2 different states within the US including Tennessee and Kentucky. In addition, this service territory includes 10 cities within these states. The supplier has a total of 55,408 electricity customers. There are 44,383 residential customers, 11,019 commercial customers and 6 industrial customers. The residential electricity price for consumers of Tri-County Electric Membership Corporation (Kentucky) is, on average, 12.37 cents per kilowatt hour. Thankfully for their consumers, this rate is less than the nationwide average price of 15.64 cents per kilowatt hour. They sold 1,268,978 megawatt hours in 2022 via traditional retail accounts. The electricity sourced by the company is made up of primarily wholesale purchased megawatt hours, with 1,351,979 acquired by the company. Their total revenue in 2022 from electricity activities was $150,427,500, with $147,376,000 from retail sales to end users.

Consumers of the supplier have an average monthly residential electric bill of $154.05. This is 16.09% more than the national average of $132.69. The company does not have ownership in any electricity production facilities and all of the power that they sell to their consumers must be purchased wholesale from other companies.