Salt River Electric
Electricity Rates, Plans & Statistics
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About Salt River Electric
Salt River Electric supplies electricity to 5 counties in Kentucky. The entity is an electricity cooperative. Salt River Electric's average residential electricity price per kilowatt hour is 10.91 cents per kilowatt hour, which is 12.81% less than the average Kentucky price of 12.51 cents and 30.77% below the national average of 15.76. They sold 1,275,873 megawatt hours via retail sales in 2022. The electricity sourced by Salt River Electric is made up primarily of megawatt hours they purchased by way of the wholesale electricity market. This category comprises 100.00% of the total electricity sourced by the company. In 2022 the provider had total electricity related revenue of $137,085,000, with 98.79% coming from retail sales.
The average monthly residential electric bill for a customer of Salt River Electric is $132.16. Electricity production is not part of the Salt River Electric business model, as they purchase electricity at wholesale rates from other providers and then resell to their customers.
Net metering is offered to customers of Salt River Electric. This is a positive for any consumer potentially installing solar panels, as net metering allows them to sell their unneeded electricity back to the grid.
Salt River Electric reports energy loss of 4.44% of their generation during transmission. The state average for energy loss is 3.69% and the US average is 2.87%. This leaves Salt River Electric with a ranking of 22nd best out of 58 companies in Kentucky and 736th best out of 3526 suppliers in the United States.
Salt River Electric Rate & Electric Bills
Salt River Electric residential electric rates are highest in October and the highest average bill is in July.
Historical Electricity Rates:
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Salt River Electric Overview
- Company Type:Cooperative
- Headquarters:111 West Brashear Avenue
Bardstown, Kentucky 40004
United States of America - CEO:Tim Sharp
Salt River Electric Contact
- Website:www.srelectric.com
- Customer Service Phone:(800) 221-7465
- Contact Page:billing.srelectric.com
- Social Media:
Salt River Electric Service
- Outage Map:outage.srelectric.com
- States Served:
- Kentucky
- Counties Served:
- Bullitt County
- Nelson County
- Marion County
- Spencer County
- Washington County
- Major Cities Served:
- Mount Washington
- Shepherdsville
- Bardstown
- Hillview
- Springfield
- Brooks CDP
- Lebanon Junction
- Elk Creek CDP
- Taylorsville
- Hebron Estates
Energy Loss
Salt River Electric's energy loss due to business operations.
Total Energy Loss
59,302MWh
736 National Rank
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Salt River Electric Coverage Map
Salt River Electric State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| Kentucky | 54,473 | 123,148,258.84 | 15 | 100% |
Salt River Electric County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Bullitt County | 83,836 | 3 | 11.25 | $126.07/mo |
| Marion County | 19,556 | 4 | 13.49 | $148.49/mo |
| Nelson County | 46,440 | 4 | 11.22 | $133.06/mo |
| Spencer County | 19,256 | 3 | 11.12 | $133.35/mo |
| Washington County | 11,957 | 4 | 11.22 | $133.97/mo |
Cities Salt River Electric Has Coverage
- Bardstown, KY
- Bloomfield, KY
- Fox Chase, KY
- Hebron Estates, KY
- Hillview, KY
- Hunters Hollow, KY
- Lebanon Junction, KY
- Mount Washington, KY
- Shepherdsville, KY
- Springfield, KY
- Taylorsville, KY
- Willisburg, KY
* City coverage generated based on government data. Always verify you can get service from the provider.
Salt River Electric Reviews
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Salt River Electric FAQ:
What is the phone number for Salt River Electric?
Salt River Electric's customer service phone number is (800) 221-7465
How much is the average bundled bill for Salt River Electric customers each month?
The average monthly bundled electric bill for customers of Salt River Electric is $132.16. The Kentucky average bundled bill is $127.19 and the nationwide average is $127.19.
Who is the CEO of Salt River Electric?
The current CEO of Salt River Electric is Tim Sharp.
How many counties does Salt River Electric sell electricity to?
There are 5 counties that receive at least some electricity coverage by Salt River Electric.
What is the average bundled electricity rate for Salt River Electric customers?
Salt River Electric's current average bundled electricity rate is 10.91 cents per kilowatt hour (¢/kWh), compared to the average state bundled rate of 12.51 cents and the average nationwide rate of 15.76 cents.
What cities does Salt River Electric have customers in in?
Salt River Electric provides electricity to 12 cities throughout the nation including Kentucky.
