Paducah Power

About Paducah Power

Paducah Power serves electricity to Paducah, Kentucky and is a municipally owned entity. Electricity suppliers must regularly report the number of customers they have to government agencies. In the most recent report the supplier reported a total of 22,198 customers signed on to receive electricity from the company. Exactly 3 of these customers are industrial properties, 3,752 are commercial customers and 18,443 are residential properties. Paducah Power's average residential electricity price per kilowatt hour is 15.33 cents per kilowatt hour, which is, thankfully, 2.71% less than the average national rate of 15.76 cents. About 540,188 megawatt hours were sold by the provider to retail accounts in 2022. The megawatt hours sourced by the company came from a combination of electricity generation from power facilities owned by Paducah Power and supplementary megawatt hours that they procured on wholesale channels. They produced 28,066 megawatt hours and purchased 535,815 wholesale megawatt hours. In 2022, the provider made $80,808,400 from retail electricity sales.

Customers of the provider have an average monthly residential electric bill of $137.98. This is 7.97% more than the Kentucky average of $127.19. Electricity production is not handled in house at the company, as they purchase power at wholesale rates from other companies and then resell to their end users. Electricity plants owned by Paducah Power generate 72,034 megawatt hours, which is the 382nd highest total of all providers in the country. The supplier ranks 251st highest in the country out of 3526 companies for total megawatt hours produced from the burning of natural gas.