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 39,785 electricity customers being supplied electricity by the company. This total is made up of 87.01% residential customer accounts and 12.99% commercial customer. On average, Wood County Electric's consumers purchase residential electricity for 15.03 cents per kilowatt hour. This is, regrettably, 3.83% higher than the state's average rate of 14.48 cents, which ranks the supplier 147th best for average electricity price out of 204 suppliers in the state. The supplier sold 744,913 megawatt hours via retail sales in 2022. The megawatt hours sourced by the supplier primarily came from megawatt hours that they purchased by way of wholesale channels. They purchased 804,778 wholesale megawatt hours. In 2022 the provider had total electricity related revenue of $102,387,000, with 97.70% coming from retail sales.

The US average monthly residential electric bill is $135.34, while the Wood County Electric average is 24.30% higher at $168.23 per month. Wood County Electric is the 2595th 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.

Energy Loss

Wood County Electric recently reported an annual loss of around 7.44% 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 1296th best out of 3526 suppliers reporting energy loss in the nation.

Wood County Electric Rate & Electric Bills

Wood County Electric residential electric rates are highest in April and the highest average bill is in August.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.156/kWh$0.110/kWh$261.43/mo.$86.99/mo.
2049th15.03¢Wood County Electric's Average residential price per kWh
2595th$168.23Average 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.

-7.44%

Total Energy Loss

59,865MWh

1296 National Rank

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Wood County Electric Coverage Map

Coverage Map Placeholder

Wood County Electric State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Texas39,78599,355,629.4878100%

Wood County Electric County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Camp County12,498313.49$155.38/mo
Franklin County10,4134613.63$151.89/mo
Hopkins County36,6664513.70$152.58/mo
Rains County12,0134613.71$152.60/mo
Smith County241,9224613.72$152.95/mo
Titus County31,3274513.03$148.84/mo
Upshur County40,781313.30$153.72/mo
Van Zandt County58,7824513.73$152.87/mo
Wood County44,6154513.89$154.10/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 15.03 cents per kilowatt hour (¢/kWh), compared to the average Texas bundled rate of 14.48 cents and the average nationwide rate of 15.76 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 $168.23.

How many counties does Wood County Electric offer service to?

There are 9 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 16 cities throughout the US.

Who is the CEO of Wood County Electric?

Wood County Electric's CEO is Trey Teaff.

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Last Reviewed By: Ginalyn Gelera
Published: 2024-03-14