Gibson Electric Membership Corp: Rates and Coverage Area (2024)

About Gibson Electric Membership Corp

Gibson Electric Membership Corp is an electric cooperative with headquarters in Trenton, Tennessee and supplying power to customers in 2 states in the country including in major cities like Union City, Humboldt, Medina, Trenton, and Tiptonville. With 38,966 customers, the company supplies electricity to 31,734 residential locations, 7,223 commercial properties and 9 industrial accounts. Gibson Electric Membership Corp averages 12.83 cents per kilowatt hour charged to their patrons for residential electricity, which is 17.96% lower than the US average rate of 15.64 cents. The company sold 897,089 megawatt hours through retail sales in 2022. The electricity sourced by Gibson Electric Membership Corp is made up primarily of megawatt hours they procured on wholesale channels. This category makes up 100.00% of all electricity sourced. In 2022, they made a total of $110,033,000 from business activities relating to the sale and transfer of electricity. They had 96.15% of their revenue coming from retail sales to end users.

The US average monthly residential electricity bill is $132.69, while the Gibson Electric Membership Corp average is 19.43% more at $158.47 per month. Gibson Electric Membership Corp is the 2441st ranked supplier in the country for average monthly bill total. Electricity production is not handled in house at the company, as they purchase electricity at wholesale rates from other companies and then resell to their customers.

Energy Loss

All companies who generate electricity suffer from some energy loss from heat depletion or alternative factors. Gibson Electric Membership Corp is no different, as they average a yearly loss of roughly 5.51% of the total electricity they transmit. The US average energy loss is 2.87%. This leaves Gibson Electric Membership Corp with a ranking of 997th best out of 3517 companies in the United States.

Gibson Electric Membership Corp Rate & Electric Bills

Gibson Electric Membership Corp residential electric rates are highest in January and the highest average bill is in December.

Historical Electricity Rates:

1431st12.83¢Gibson Electric Membership Corp's Average residential price per kWh

2441st$158.47Average monthly electricity bill for Gibson Electric Membership Corp's residential customers

Go Solar for less than your cell phone bill.

Gibson Electric Membership Corp Overview

  • Company Type:Cooperative
  • Headquarters:1207 South College Street
    Trenton, Tennessee 38382
    United States of America
  • CEO:Dan Rodamaker

Gibson Electric Membership Corp Contact

Gibson Electric Membership Corp Service

  • States Served:
    • Tennessee
    • Kentucky
  • Counties Served:
    • Madison County
    • Gibson County
    • Dyer County
    • Graves County
    • Obion County
    See All Counties
  • Major Cities Served:
    • Union City
    • Humboldt
    • Medina
    • Trenton
    • Tiptonville
    • Newbern
    • Dyer
    • Bells
    • Fulton
    • Alamo
    See all cities
  • Table Of Contents:
    • About
    • Overview
    • Coverage Map
    • State Coverage
    • County Coverage
    • City Coverage
    • Reviews
    • FAQ

Energy Loss

Gibson Electric Membership Corp's energy loss due to business operations.

-5.51%

Total Energy Loss

52,399MWh

997National Rank

Go Solar for less than your cell phone bill.

Gibson Electric Membership Corp Coverage Map

Gibson Electric Membership Corp: Rates and Coverage Area (1)

Gibson Electric Membership Corp State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Kentucky3,4059,067,000497.45%
Tennessee35,56893,678,0002692.55%

2 states with service

Gibson Electric Membership Corp County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Carlisle County4,821513.45$158.90/mo
Crockett County14,012212.94$165.20/mo
Dyer County36,975413.38$181.84/mo
Fulton County6,507313.25$150.57/mo
Gibson County50,278512.57$158.65/mo
Graves County36,796413.59$163.49/mo
Haywood County17,912512.44$161.02/mo
Hickman County4,529313.14$150.95/mo
Lake County7,187213.00$167.40/mo
Madison County99,245412.53$155.26/mo

11 counties with coverage

Cities Gibson Electric Membership Corp Has Coverage

  • Alamo, TN
  • Arlington, KY
  • Bardwell, KY
  • Bells, TN
  • Bradford, TN
  • Columbus, KY
  • Dyer, TN
  • Friendship, TN
  • Fulton, KY
  • Gadsden, TN
  • Gibson, TN
  • Hickman, KY
  • Hornbeak, TN
  • Humboldt, TN
  • Kenton, TN
  • Maury City, TN
  • Medina, TN
  • Newbern, TN
  • Obion, TN
  • Ridgely, TN
  • Rives, TN
  • Rutherford, TN
  • Samburg, TN
  • Three Way, TN
  • Tiptonville, TN
  • Trenton, TN
  • Trimble, TN
  • Troy, TN
  • Union City, TN
  • Woodland Mills, TN
  • Yorkville, TN

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

Gibson Electric Membership Corp Reviews

Write a Review of Gibson Electric Membership Corp

Gibson Electric Membership Corp FAQ:

How much is the average bundled bill for Gibson Electric Membership Corp customers each month?

Consumers of Gibson Electric Membership Corp pay, on average, a monthly bundled bill of $158.47.

Who is the CEO of Gibson Electric Membership Corp?

Gibson Electric Membership Corp's CEO is Dan Rodamaker.

How many states does Gibson Electric Membership Corp provider electricity in?

Gibson Electric Membership Corp supplies electricity to customers in 2 states in the United States including Tennessee and Kentucky.

What is the phone number for Gibson Electric Membership Corp?

The Gibson Electric Membership Corp phone number is (731) 855-4660.

What cities does Gibson Electric Membership Corp sell electricity in?

Gibson Electric Membership Corp provides electricity to 31 cities.

What is the average BUNDLED electricity rate for Gibson Electric Membership Corp customers?

Gibson Electric Membership Corp's current average BUNDLED electricity rate is 12.83 cents per kilowatt hour (¢/kWh), compared to the average US BUNDLED rate of 15.64 cents.

How many counties does Gibson Electric Membership Corp have customers in in?

There are 11 counties that receive at least some electricity coverage by Gibson Electric Membership Corp.

Gibson Electric Membership Corp: Rates and Coverage Area (2)

Last Reviewed By: Ginalyn Gelera

Published: 2023-12-06

Gibson Electric Membership Corp: Rates and Coverage Area (2024)
Top Articles
Latest Posts
Article information

Author: Rueben Jacobs

Last Updated:

Views: 6145

Rating: 4.7 / 5 (57 voted)

Reviews: 88% of readers found this page helpful

Author information

Name: Rueben Jacobs

Birthday: 1999-03-14

Address: 951 Caterina Walk, Schambergerside, CA 67667-0896

Phone: +6881806848632

Job: Internal Education Planner

Hobby: Candle making, Cabaret, Poi, Gambling, Rock climbing, Wood carving, Computer programming

Introduction: My name is Rueben Jacobs, I am a cooperative, beautiful, kind, comfortable, glamorous, open, magnificent person who loves writing and wants to share my knowledge and understanding with you.