Paris KY Utilities

About Paris KY Utilities

Paris KY Utilities is a municipally owned organization serving Paris, Kentucky and other areas of Bourbon County. The provider recently disclosed a total of 3,175 total customers, 83.02% of which are residential customers, 15.12% are commercial customer accounts and 1.86% are industrial accounts. Paris KY Utilities averages 10.94 cents per kilowatt hour billed to their customers for residential electricity, which is 12.59% lower than the average Kentucky rate of 12.51 cents. Of the 77,000 megawatt hours the company sold and dispossessed, 57,000 were via sales to end users. The electricity sourced by the provider came from a mix of electricity generation from electricity plants owned by Paris KY Utilities and supplementary megawatt hours that they acquired on wholesale channels. They generated 16 megawatt hours and purchased 76,984 wholesale megawatt hours. Through sales to retail customers , Paris KY Utilities earned $5,630,000 in 2019.

Customers of the provider pay an average monthly residential electric bill of $94.04. This is 24.49% below the Kentucky average of $127.19. The company generates 576th megawatt hours from non-renewable fuel types per year. This ranks them 576th out of 3526 suppliers in the nation. Paris KY Utilities generates 44.1 megawatt hours from their electricity plants, which ranks them as the 800th largest producer of electricity of all 3526 suppliers in the country. The supplier currently does not generate any of the electricity that they sell. Instead, they must purchase that electricity at wholesale prices from other companies and then resell it to end users.