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 6 cities within these states. Tri-County Electric Membership Corporation (Kentucky) charges their customers a residential electricity price of 12.30 cents per kilowatt hour on average, which is 21.95% less than the national average of 15.76. There were a total of 1,268,978 megawatt hours sold to retail customers in 2022 by the provider. The megawatt hours sourced by the provider primarily came from megawatt hours that they purchased on wholesale channels. They purchased 1,351,979 wholesale megawatt hours. In 2022, they made a total of $150,427,500 from business activities relating to the sale and transfer of electricity. They had revenue of $147,376,000 from retail sales to end users.

Consumers of the supplier have an average monthly residential electric bill of $149.48. This is 10.45% more than the national average of $135.34. The company currently does not produce any of the electricity that they sell. Instead, they must purchase that electricity at wholesale rates from other suppliers and then resell it to end customers. Consumers of the provider experience 3.64 electrical outages a year with outages lasting on average 247.06 minutes.