Vanceburg, Kentucky Electric Utility

About Vanceburg, Kentucky Electric Utility

Vanceburg, Kentucky Electric Utility supplies electricity in Vanceburg, Kentucky. The supplier recently disclosed a total of 6 industrial customers, 316 commercial customers and 2,082 residential customers, which makes up the entirety of their customers. Customers of Vanceburg, Kentucky Electric Utility pay an average residential electricity rate of 16.43 cents per kilowatt hour . This is more than both the Kentucky and the US average rates of 12.91 and 16.22 cents per kilowatt hour, respectively. A total of 51,406 megawatt hours were sold through retail sales in 2019 by the supplier. The megawatt hours sourced by the company primarily came from megawatt hours that they purchased via wholesale channels. They purchased 57,843 wholesale megawatt hours. Their total revenue for 2019 from electricity activities was $6,669,300, the entirety of which came from retail sales to end users.

The state average monthly residential electricity bill is $140.39, while the Vanceburg, Kentucky Electric Utility average is 24.89% higher at $176.08 per month. Vanceburg, Kentucky Electric Utility is the 46th ranked company in the state for average monthly bill amount. The supplier currently does not generate any of the electricity that they sell. Instead, they must purchase that electricity at wholesale prices from other suppliers and then resell it to end users.