Wood County Electric
Electricity Rates, Plans & Statistics
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About Wood County Electric
Wood County Electric is an electricity cooperative. The largest county serviced by Wood County Electric is Smith County, but the company also operates in in 8 counties in the state. On recent government reports, the supplier reported a total of 38,802 electricity customers being supplied electricity by the company. This total is made up of 87.02% residential customer accounts and 12.98% commercial customer. On average, Wood County Electric's consumers purchase residential electricity for 11.81 cents per kilowatt hour. This is 23.24% below the US average price of 15.39 cents, ranking the company at 1177th lowest for average electricity price out of 2906 providers in the US. Roughly 722,242 megawatt hours were sold by the company to retail accounts in 2021. The electricity sourced by Wood County Electric is made up of primarily wholesale purchased megawatt hours, with 757,471 purchased by the company. The total revenue for Wood County Electric in 2021 from electricity sales was $86,334,400, with 97.19% coming from retail sales to end users.
The US average monthly residential electric bill is $130.88, while the Wood County Electric average is 1.74% higher at $133.15 per month. Wood County Electric is the 2091st ranked supplier in the country for average monthly bill amount. The company currently does not generate their own electricity. Instead, they must purchase that electricity at wholesale rates and then resell it at a higher rate to end users.
Wood County Electric recently reported an annual loss of around 4.65% of the electricity that they transmit. Loss of energy due to heat dissipation during electricity transmission and other causes is part of being in the electricity production industry and providers must report these losses. This percentage of loss results in them receiving a rank of 903rd best out of 3509 suppliers reporting energy loss in the nation.
Wood County Electric Rate & Electric Bills
Wood County Electric residential electric rates are highest in January and the highest average bill is in June.
Historical Electricity Rates:
Wood County Electric Overview
- Company Type:Cooperative
- Headquarters:501 South Main Street
Quitman, Texas 75783
United States of America
- CEO:Trey Teaff
Wood County Electric Contact
Wood County Electric Service
- Outage Map:outagemap.wcec.org
- Outage Phone:(866) 415-2951
- States Served:
- Counties Served:
- Smith County
- Van Zandt County
- Wood County
- Upshur County
- Titus County
- Major Cities Served:See all cities
- Table Of Contents:
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Wood County Electric's energy loss due to business operations.
Total Energy Loss
903 National Rank
Wood County Electric Coverage Map
Wood County Electric State Coverage
|State||Customers||Sales ($)||State Rank Based On Revenue||% of Provider's Residential Sales in State|
Wood County Electric County Coverage
|County||Population||Providers||Avg. County Rate (¢)||Avg. Electric Bill|
|Van Zandt County||58,782||55||10.62||$109.73/mo|
Cities Wood County Electric Has Coverage
* City coverage generated based on government data. Always verify you can get service from the provider.
Wood County Electric Reviews
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Wood County Electric FAQ:
What is the phone number for Wood County Electric?
The Wood County Electric phone number is (903) 763-2203.
What is the average bundled electricity rate for Wood County Electric customers?
Wood County Electric's current average bundled electricity rate is 11.81 cents per kilowatt hour (¢/kWh), compared to the average Texas bundled rate of 12.99 cents and the average nationwide rate of 15.39 cents.
How much is the average bundled bill for Wood County Electric customers each month?
Customers of Wood County Electric pay, on average, a monthly bundled bill of $133.15.
How many counties does Wood County Electric offer service to?
There are 8 counties that receive at least some electricity coverage by Wood County Electric.
What cities does Wood County Electric have customers in to?
Wood County Electric serves 18 cities throughout the US.
Who is the CEO of Wood County Electric?
Wood County Electric's CEO is Trey Teaff.