Rural Electric Cooperative: Rates and Coverage Area (2024)

Electricity Rates, Plans & Statistics

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About Rural Electric Cooperative

Rural Electric Cooperative provides electricity to 4 counties in Oklahoma including counties like Grady County, Stephens County, McClain County, and Garvin County. The company is an electricity cooperative. Recently filed reports by the company showed a customer base of 11,985 customer accounts. Exactly 10 of these are industrial accounts, 3,369 are commercial customer accounts and 8,606 are residential customers. Rural Electric Cooperative's average residential electricity price per kilowatt hour is 12.19 cents per kilowatt hour. While this is higher than the state average rate of 12.05 cents per kilowatt hour, it is below the United States average of 15.76 cents. The company sold 523,939 megawatt hours in 2022 by way of traditional retail sales. The electricity they sourced consisted of megawatt hours that they procured on the wholesale market. They purchased 553,432 on the wholesale market. They earned $55,825,400 in total revenue from electricity-related activities in 2022 through sales to retail end-users alone.

The average residential power bill for a customer of Rural Electric Cooperative is $140.15 per month, while the nationwide average is $137.33. The supplier currently does not produce any of the electricity that they sell. Instead, they must purchase that electricity at wholesale prices from other providers and then resell it to end users. The power grid managed by the provider experiences 2.05 outages per consumer a year, with outages lasting an average of 211.2 minutes. The national average for other companies is 1.45 outages per customer and 171.11 minutes each outage.

Rural Electric Cooperative Net Metering

Customers of Rural Electric Cooperative have the ability to take advantage of net metering. Net metering makes solar panel installation more economically viable as it allows people to sell electricity into the grid.

Energy Loss

Electricity companies regularly report energy lost through heat dissipation and other causes to government agencies who track electricity grid efficiencies. Rural Electric Cooperative recently reported a loss of 5.24% of their electricity production amount. The state of Oklahoma has an energy loss average of 3.42% and the United States average is 2.87%, giving Rural Electric Cooperative a rank of 21st best out of 87 providers reporting energy loss in the state.

Rural Electric Cooperative Rate & Electric Bills

Rural Electric Cooperative residential electric rates are highest in August and the highest average bill is in July.

Historical Electricity Rates:

870th12.19¢Rural Electric Cooperative's Average residential price per kWh

1955th$140.15Average monthly electricity bill for Rural Electric Cooperative's residential customers

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Rural Electric Cooperative Overview

  • Company Type:Cooperative
  • Headquarters:13942 Highway 76
    Lindsay, Oklahoma 73052
    United States of America
  • CEO:Anthony Smith

Rural Electric Cooperative Contact

Rural Electric Cooperative Service

  • States Served:
    • Oklahoma
  • Counties Served:
    • Grady County
    • Stephens County
    • McClain County
    • Garvin County
  • Major Cities Served:
    • Pauls Valley
    • Lindsay
    • Maysville
    • Bray
    • Dibble
    • Paoli
    • Alex
    • Katie
    • Foster
    • Erin Springs
    See all cities

Energy Loss

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

-5.24%

Total Energy Loss

29,013MWh

940National Rank

Grid Reliability

Length & Frequency of Rural Electric Cooperative's Power Outages

211.2min.

vs. national average of 171.11 min.

2.05outages/yr

vs. national average of 1.45

Power Outages

Currently, 0 customers are being tracked in Rural Electric Cooperative.

Learn more

Customers Out:

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Rural Electric Cooperative Coverage Map

Rural Electric Cooperative: Rates and Coverage Area (1)

Rural Electric Cooperative State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Oklahoma11,98549,628,613.8421100%

1 states with service

Rural Electric Cooperative County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Garvin County25,949412.14$144.28/mo
Grady County54,739512.60$146.79/mo
McClain County41,258611.98$144.53/mo
Stephens County42,983512.57$160.44/mo

4 counties with coverage

Cities Rural Electric Cooperative Has Coverage

  • Alex, OK
  • Bray, OK
  • Dibble, OK
  • Erin Springs, OK
  • Foster, OK
  • Katie, OK
  • Lindsay, OK
  • Maysville, OK
  • Paoli, OK
  • Pauls Valley, OK

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

Rural Electric Cooperative Reviews

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Rural Electric Cooperative FAQ:

When will Rural Electric Cooperative power be restored?

The average number of minutes for an outage for Rural Electric Cooperative's consumers is 211.2 minutes.

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

Customers of Rural Electric Cooperative pay, on average, a monthly bundled bill of $140.15.

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

Rural Electric Cooperative's current average bundled electricity rate is 12.19 cents per kilowatt hour (¢/kWh), compared to the average Oklahoma bundled rate of 12.05 cents and the average US rate of 15.76 cents.

Who is the CEO of Rural Electric Cooperative?

Rural Electric Cooperative's current CEO is Anthony Smith.

How many counties does Rural Electric Cooperative provider electricity to?

There are 4 counties that receive at least some electricity coverage by Rural Electric Cooperative including Oklahoma.

What is the phone number for Rural Electric Cooperative?

You can reach Rural Electric Cooperative by phone via (405) 756-3104.

What cities does Rural Electric Cooperative offer service to?

Rural Electric Cooperative supplies in 10 cities.

Rural Electric Cooperative: Rates and Coverage Area (2)

Last Reviewed By: Ginalyn Gelera

Published: 2024-09-14

Rural Electric Cooperative: Rates and Coverage Area (2024)
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