Wood County Electric: Rates and Coverage Area

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 9 counties in the state. On recent government reports, the supplier reported a total of 41,916 electricity customers being supplied electricity by the company. This total is made up of 87.16% residential customer accounts and 12.84% commercial customer. On average, Wood County Electric's consumers purchase residential electricity for 14.04 cents per kilowatt hour. This is 13.42% below the US average price of 16.22 cents, ranking the company at 1531st lowest for average electricity price out of 2885 providers in the US. Roughly 752,493 megawatt hours were sold by the company to retail accounts in 2023. The electricity sourced by Wood County Electric is made up of primarily wholesale purchased megawatt hours, with 792,489 purchased by the company. The total revenue for Wood County Electric in 2023 from electricity sales was $91,889,500, with 97.34% coming from retail sales to end users.

The US average monthly residential electric bill is $143.38, while the Wood County Electric average is 9.85% higher at $157.5 per month. Wood County Electric is the 2049th ranked supplier in the country for average monthly bill amount. Customers of the company deal with 2.72 power outages each year with outages lasting an average of 303.1 minutes. The company currently does not produce any of the electricity that they sell. Instead, they must purchase that electricity at wholesale prices from other companies and then resell it at a higher rate to end customers.

Energy Loss

Wood County Electric recently reported an annual loss of around 5.05% 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 1060th best out of 3530 suppliers reporting energy loss in the nation.

Wood County Electric Rate & Electric Bills

Wood County Electric residential electric rates are highest in November and the highest average bill is in July.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.158/kWh$0.092/kWh$239.16/mo.$76.80/mo.
1531st14.04¢Wood County Electric's Average residential price per kWh
2049th$157.5Average monthly electricity bill for Wood County Electric's residential customers

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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

Energy Loss

Wood County Electric's energy loss due to business operations.

-5.05%

Total Energy Loss

39,996MWh

1060 National Rank

Grid Reliability

Length & Frequency of Wood County Electric's Power Outages

303.1 min.

vs. national average of 123.49 min.

2.72 outages/yr

vs. national average of 1.44

Power Outages

Currently, 0 customers are being tracked in Wood County Electric.

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Customers Out:

0

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Wood County Electric Coverage Map

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Wood County Electric State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Texas41,91493,845,681.8978100%

Wood County Electric County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Camp County12,498313.50$157.95/mo
Franklin County10,4135214.72$162.78/mo
Hopkins County36,6665115.35$168.91/mo
Rains County12,0135215.02$166.93/mo
Smith County241,9225215.47$169.71/mo
Titus County31,3275115.17$167.05/mo
Upshur County40,781313.34$156.86/mo
Van Zandt County58,7825115.40$169.21/mo
Wood County44,6155114.21$156.14/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?

You can reach Wood County Electric by phone via (903) 763-2203.

What is the average bundled electricity rate for Wood County Electric customers?

The average bundled price of electricity for customers of Wood County Electric is 14.04 cents per kilowatt hour (¢/kWh).

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 $157.50.

When will Wood County Electric power be restored?

Wood County Electric's outages last, on average, about 303.1 minutes per each outage.

Who is the CEO of Wood County Electric?

Wood County Electric's current CEO is Trey Teaff.

How many counties does Wood County Electric sell electricity in?

There are 9 counties that receive at least some electricity coverage by Wood County Electric including Texas.

What cities does Wood County Electric supply electricity in?

Wood County Electric supplies in 16 cities in the US including Texas.

Matt Hope
Last Reviewed By: Matt Hope
Published: 2024-09-14