Wise Electric Cooperative
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About Wise Electric Cooperative
Wise Electric Cooperative serves 13 cities in Texas such as the cities of Decatur, Bridgeport, Briar CDP, Bowie, and Pecan Acres CDP. The entity is an electricity cooperative. With 25,454 total customers, the supplier supplies electricity to 6,302 commercial accounts and 19,152 residential customer accounts. On average, Wise Electric Cooperative's consumers pay a residential electricity rate of 13.84 cents per kilowatt hour, which is 1.22% lower than Texas' average price of 14.01 cents. They had sales of 711,815 megawatt hours in 2022 by way of retail sales. The megawatt hours sourced by the supplier primarily came from megawatt hours that they purchased via the wholesale market. They purchased 750,372 megawatt hours on the wholesale market. In 2022, they made a total of $89,720,000 from business activities relating to the sale and transfer of electricity. They had revenue of $87,296,000 from retail sales to end users.
The average monthly residential electricity bill for a customer of Wise Electric Cooperative is $214.68 per month, while the Texas average is $158.61. 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 2.2 electrical outages per year with outages lasting on average 182.34 minutes.
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.
Wise Electric Cooperative reported a yearly loss of around 5.14% 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 922nd best out of 3517 suppliers who report energy loss in the nation and 68th best out of 175 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 October.
Historical Electricity Rates:
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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
- Website:www.wiseec.com
- Customer Service Phone:(940) 627-2167
- Contact Page:www.wiseec.com
Wise Electric Cooperative Service
- Outage Map:www.outageentry.com
- Outage Phone:(940) 627-2167
- States Served:
- Texas
- Counties Served:
- Denton County
- Wise County
- Montague County
- Clay County
- Jack County
- Major Cities Served:See all cities
- Table Of Contents:
Energy Loss
Wise Electric Cooperative's energy loss due to business operations.
Total Energy Loss
38,557MWh
922 National Rank
Grid Reliability
Length & Frequency of Wise Electric Cooperative's Power Outages
182.34 min.
vs. national average of 137.24 min.
2.2 outages/yr
vs. national average of 1.27
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Wise Electric Cooperative Coverage Map
Wise Electric Cooperative State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| Texas | 25,454 | 87,296,000 | 87 | 100% |
Wise Electric Cooperative County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Clay County | 10,236 | 44 | 13.22 | $152.03/mo |
| Denton County | 977,281 | 47 | 13.16 | $151.91/mo |
| Jack County | 8,494 | 46 | 13.22 | $152.33/mo |
| Montague County | 19,850 | 45 | 13.15 | $152.76/mo |
| Wise County | 74,895 | 47 | 13.17 | $152.53/mo |
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
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Wise Electric Cooperative FAQ:
When will Wise Electric Cooperative power be restored?
Average outage times for Wise Electric Cooperative are roughly 182.34 minutes per outage.
What is the average bundled electricity rate for Wise Electric Cooperative customers?
Consumers of Wise Electric Cooperative, on average, have an electricity bundled rate 13.84 cents per kilowatt hour (¢/kWh).
How much is the average bundled bill for Wise Electric Cooperative customers each month?
Consumers of Wise Electric Cooperative pay, on average, a monthly bundled bill of $214.68.
What is the phone number for Wise Electric Cooperative?
Wise Electric Cooperative's customer service phone number is (940) 627-2167
Who is the CEO of Wise Electric Cooperative?
Wise Electric Cooperative's current CEO is Kim Hooper.
What cities does Wise Electric Cooperative have customers in in?
Wise Electric Cooperative has customers in 13 cities.
How many counties does Wise Electric Cooperative sell electricity to?
There are 5 counties that receive at least some electricity coverage by Wise Electric Cooperative.
