Wise Electric Cooperative

Electricity Rates, Plans & Statistics

Power Bill Over $75?

Reduce or replace your electricity bill with solar for as low as $0 down and $79/mo

About Wise Electric Cooperative

Wise Electric Cooperative is an electricity cooperative located in Decatur, Texas and providing power to customers in 2 states in the United States including in major cities like Dallas, Fort Worth, Arlington, Irving, and Grand Prairie. Presently, 24,150 consumers are supplied electricity by the supplier. These customers are a mix of 18,088 residential customer accounts and 6,062 commercial accounts. Wise Electric Cooperative's patrons are billed an average residential electricity rate of 9.85 cents per kilowatt hour, which is, fortunately, 30.21% below the average US rate of 14.11 cents. They had sales of 738,607 megawatt hours in 2020 by way of retail sales. Of the megawatt hours they sourced, 764,121 megawatt hours were purchased on the wholesale electricity market. In 2020, the company had revenue of $58,171,000 from retail electricity sales to end users.

The average monthly residential electricity bill for a customer of Wise Electric Cooperative is $141.24 per month, while the Texas average is $140.36. The provider does not have ownership in any electricity generation facilities and all of the power that they sell to their customers must be purchased from other companies. Customers of the company are faced with 1.38 electrical outages per year with outages lasting on average 158.5 minutes.

Wise Electric Cooperative Net Metering

Net metering is available to customers of Wise Electric Cooperative. Net metering makes solar panel installation more economically feasible as it allows citizens to sell electricity into the grid.

Energy Loss

Wise Electric Cooperative reported a yearly loss of around 3.34% of the electricity that they produce. Loss of electricity due to heat dissipation during electricity transmission and other causes is part of operating in the electricity production business and suppliers are required to report these losses. This percentage of loss gives them a ranking of 439th best out of 3509 suppliers who report energy loss in the nation and 31st best out of 183 in Texas.

Wise Electric Cooperative Rate & Electric Bills

Wise Electric Cooperative residential electric rates are highest in January and the highest average bill is in February.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.108/kWh$0.095/kWh$158.06/mo.$141.24/mo.
439th9.85¢Wise Electric Cooperative's Average residential price per kWh
2398th$141.24Average monthly electricity bill for Wise Electric Cooperative's residential customers

Wise Electric Cooperative Overview

  • Company Type:Cooperative
  • Headquarters:1900 North Trinity Street
    Decatur, Texas 76234
    United States of America
  • CEO:Kim Hooper

Wise Electric Cooperative Contact

Wise Electric Cooperative Service

Go Solar for as low as $79/mo

Energy provider of the year for Texas, Mid-Sized Provider Category
Top 3 Least Outages Per Year
Texas, Mid-Sized Provider Category
Claim Award

Energy Loss

Wise Electric Cooperative's energy loss due to business operations.

-3.34%

Total Energy Loss

25,514MWh

439 National Rank

Grid Reliability

Length & Frequency of Wise Electric Cooperative's Power Outages

158.5 min.

vs. national average of 122.99 min.

1.38 outages/yr

vs. national average of 1.21

Wise Electric Cooperative Coverage Map

Coverage Map Placeholder

Wise Electric Cooperative State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Texas24,15058,171,00093100%
1 states with service

Wise Electric Cooperative County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Bosque County18,2355610.55$126.25/mo
Clay County10,2185410.59$126.09/mo
Cooke County41,6685610.59$126.39/mo
Dallas County2,613,5395710.58$126.51/mo
Denton County906,4225910.58$126.37/mo
Ellis County192,4555610.58$126.63/mo
Erath County42,5455610.56$126.22/mo
Hill County35,8745610.58$126.84/mo
Hood County61,5985610.56$126.32/mo
Jack County8,4725610.59$126.17/mo
18 counties with coverage

Cities Wise Electric Cooperative Has Coverage

* City coverage generated based on government data. Always verify you can get service from the provider.

Wise Electric Cooperative Reviews

Write a Review of Wise Electric Cooperative

Wise Electric Cooperative FAQ:

When will Wise Electric Cooperative power be restored?

Wise Electric Cooperative's outages last, on average, roughly 158.5 minutes per each outage.

How much is the average bundled bill for Wise Electric Cooperative customers each month?

Wise Electric Cooperative currently has an average monthly bundled electric bill of $141.24, compared to the Texas average of $140.36 and the national of $140.36 for bundled service.

How many counties does Wise Electric Cooperative provider electricity to?

There are 18 counties that receive at least some electricity coverage by Wise Electric Cooperative.

What is the average bundled electricity rate for Wise Electric Cooperative customers?

The average bundled price of electricity for consumers of Wise Electric Cooperative is 9.85 cents per kilowatt hour (¢/kWh).

What cities does Wise Electric Cooperative sell electricity in?

Wise Electric Cooperative has customers in 132 cities in the US.

What is the phone number for Wise Electric Cooperative?

You can reach Wise Electric Cooperative by phone via (940) 627-2167.

Who is the CEO of Wise Electric Cooperative?

Wise Electric Cooperative's current CEO is Kim Hooper.

How many states does Wise Electric Cooperative sell electricity in?

There are 2 states that receive at least some electricity coverage by Wise Electric Cooperative.

Last Reviewed By: Ginalyn Gelera
Published: 2022-09-24