Upper Cumberland Electric Membership Corporation

About Upper Cumberland Electric Membership Corporation

Upper Cumberland Electric Membership Corporation supplies electricity for 9 cities in the state. The company is an electric cooperative. On average, Upper Cumberland Electric Membership Corporation's consumers pay a residential electricity rate of 13.15 cents per kilowatt hour, which is 2.77% higher than the state's average price of 12.80 cents. This ranks the company 59th best for average electricity price out of 90 suppliers in Tennessee. The provider had total sales and disposition of 1,066,032 megawatt hours in 2023, of which 1,020,273 megawatt hours were via retail sales. Of the megawatt hours they sourced, 1,066,032 megawatt hours were acquired on wholesale channels. Their total revenue in 2023 from electricity related activities was $124,559,500, with $121,241,000 from retail sales to end users.

The average residential electricity bill for a consumer of Upper Cumberland Electric Membership Corporation is $165.72 per month, while the state average is $154.84. Consumers of the supplier have a 7.59% markup compared to the rest of the state. Electricity production is not part of the Upper Cumberland Electric Membership Corporation business plan, as they purchase electricity at wholesale rates from other companies and then resell to their customers.