Union City Energy Authority

About Union City Energy Authority

Union City Energy Authority supplies electricity in Obion County, Tennessee. There are 6,065 customer accounts served by the supplier. These customer accounts are made up of 78.73% residential customers, 21.20% commercial customers and 0.07% industrial customers. Union City Energy Authority's customers are billed an average residential electricity price of 12.09 cents per kilowatt hour, resulting in the supplier ranking 21st out of 90 companies in Tennessee and 699th out of 2885 in the nation. Union City Energy Authority had total sales and disposition of 314,725 megawatt hours in 2023, of which 307,355 megawatt hours were via sales to end users. The electricity sourced by the company is made up primarily of megawatt hours they acquired via wholesale channels. This category comprises 100.00% of the total electricity sourced by the company. In 2023, the company made a total of $28,677,500 from business activities relating to the sale and transfer of electricity. They had 97.65% of their revenue coming from retail sales to end users.

Consumers of the company have an average monthly residential power bill of $145.22. This is 1.28% above the national average of $143.38. The company currently does not generate their own electricity. Instead, they must purchase that electricity at wholesale prices from other companies and then resell it at a higher rate to end consumers.