Wise Electric Coop Inc Electricity Rate per kWh (2024 EIA Data)
Cooperative|EIA utility 20948|Texas|Bundled
In 2024, Wise Electric Coop Inc's residential customers paid an average of 15.56 cents per kWh: $55 million of revenue over 351,373 MWh of sales across 20,137 bundled residential customers, as reported to EIA on Form 861.
How the 15.56c figure is calculated
15.56c/kWh = $54,686k revenue / 351,373 MWh x 100. This is EIA's average realised price for 2024: everything Wise Electric Coop Inc billed its residential customers (energy, delivery, fuel and rider charges, fixed charges) divided by the kilowatt-hours it sold. It is not a tariff rate, and a 2024 annual average will differ from a current bill. For a 1,000 kWh month at this average, the energy cost works out to about $156 before taxes.
About Wise Electric Coop Inc's 2024 electricity prices
Wise Electric Coop Inc is a member-owned cooperative electric utility that reports to the U.S. Energy Information Administration under utility number 20948. In 2024 it served 20,137 bundled residential customers in Texas, and its average realised residential price was 15.56 cents per kWh: $55 million of residential revenue divided by 351,373 MWh of residential sales.
Across the other sectors, Wise Electric Coop Inc's 2024 average prices were 11.17 cents for commercial customers (6,597 accounts).
Within Texas, Wise Electric Coop Inc ranked number 72 of 164 utilities with bundled or delivery service by residential accounts served (20,137) and accounted for 0.21% of the state's residential electricity sales in 2024, measured in MWh sold or delivered rather than in customers. The state-wide average realised residential price in 2024, computed from the same EIA file, was 14.94 cents per kWh, so Wise Electric Coop Inc's customers paid 0.62 cents above the Texas average (+4.1%). For context, EIA's latest monthly figure for Texas is 15.94 cents per kWh (June 2026, Electric Power Monthly); that is a different, more recent measure across all utilities and is not directly comparable with a 2024 annual average.
EIA's service-territory file places Wise Electric Coop Inc in 7 Texas counties: Clay, Cooke, Denton, Jack, Montague, Parker, and Wise. On the grid side it operates in the TRE NERC region, and reported distribution as its activities. Balancing authority code: ERCO.
EIA's preliminary 2025 early release (published 4 August 2026) shows a residential price of 15.33 cents per kWh for Wise Electric Coop Inc in Texas across 20,682 residential customers, 0.23 cents lower than the 2024 final figure. Early-release data has not been validated by EIA and must not be aggregated; the 2024 final figures remain the reference on this page until the 2025 final file is published.
The nearest other utilities in Texas by service-territory centroid are Cooke County Elec Coop Assn (25.6 miles away, 14.01 cents), City of Denton (TX) (35.2 miles away, 12.81 cents), Denton County Elec Coop, Inc (35.8 miles away, 13.77 cents), Weatherford Mun Utility System (40.9 miles away, 12.69 cents), and Grayson-Collin Elec Coop, Inc (61.8 miles away, 16.40 cents).
| Sector | Customers | Sales (MWh) | Revenue ($k) | Avg c/kWh |
|---|---|---|---|---|
| Residential | 20,137 | 351,373 | 54,686 | 15.56 |
| Commercial | 6,597 | 403,269 | 45,026 | 11.17 |
Counties served in Texas (7)
From the EIA-861 Service Territory file; a listed county can be served in part only.
2025 early release (preliminary, not validated by EIA)
Residential price in Texas: 15.33c/kWh (-0.23c vs 2024 final), 20,682 residential customers; commercial 12.29c; industrial 7.82c. Published 4 August 2026. EIA marks this file "not fully edited, use with caution"; the 2024 final figures above remain the reference.
Nearby and comparable utilities in Texas
- EIA utility number
- 20948
- Ownership type
- Cooperative
- Data year
- 2024 final (EIA-861)
- Primary state
- Texas
- Service type
- Bundled (Part A)
- Bundled residential customers (TX, price basis)
- 20,137
- Residential accounts served (TX)
- 20,137
- All accounts, all sectors (TX)
- 26,734
- Residential price, 2024
- 15.56 c/kWh
- Commercial price, 2024
- 11.17 c/kWh
- Residential sales
- 351,373 MWh
- Residential revenue
- $55 million
- Rank in Texas by residential accounts served
- 72 of 164
- Share of Texas residential sales (MWh, not customers)
- 0.21%
- Texas average, 2024
- 14.94 c/kWh
- Counties served (TX)
- 7
- NERC region
- TRE
- Balancing authority
- ERCO
- Reported activities
- Distribution
- 2025 early release (preliminary)
- 15.33 c/kWh
- Change vs 2024 final
- -0.23 c/kWh
- Registry status
- Reported on Form EIA-861 for 2024
Realised price times usage; fixed charges are already inside the average. Bill calculator ->
Annual averages hide seasonal and tariff differences. Diagnose a high bill or model time-of-use pricing.
Bill Diagnostic ->Time-of-Use Guide ->Source: U.S. Energy Information Administration, Form EIA-861 Annual, 2024 final data (public domain), retrieved 28 August 2026; prices are average realised revenue per kWh, not tariffs. Final 2024 file f8612024.zip (released 3 December 2025) from the EIA-861 detailed data files. Preliminary 2025 figures come from the early-release file f8612025er.zip (4 August 2026), which EIA has not yet validated; they are labelled as such wherever shown and never mixed into a final figure.
Method: cents per kWh = revenue (thousand dollars) divided by sales (megawatthours), times 100. Customer counts, sales and revenue are the utility's own annual survey responses by state and sector. Bundled = energy plus delivery from one utility; delivery-only = the wires charge for customers who buy energy from a competitive supplier; energy-only = a competitive supplier's energy charge without delivery. County lists come from the EIA-861 Service Territory file; territory centroids used for "nearby utilities" are unweighted means of Census 2023 county centroids. EIA content is in the public domain (EIA copyright and reuse statement); the EIA logo is not used. Corrections: [email protected].