Lamar Light and Power

About Lamar Light and Power

Lamar Light and Power is headquartered in Lamar, Colorado and it serves electricity in the citizens that call the city home. Lamar Light and Power averages 17.96 cents per kilowatt hour charged to their customers for residential electricity, which ranks the company 57th out of 64 providers in Colorado and 2637th out of 2892 in the US for average electricity rate. In 2019 Lamar Light and Power sold 77.23% of their megawatt hours by way of normal retail sales to end users. The electricity produced in the company's power plants made up 13,844 of the megawatt hours sourced by the company. The purchase of wholesale electricity made up an additional 98,251 megawatt hours. In 2019 the company had total electricity related revenue of $15,222,000, with 97.75% from retail sales.

The national average monthly residential power bill is $135.39, while the Lamar Light and Power average is 4.01% higher at $140.81 per month. Lamar Light and Power is the 2036th ranked supplier in the country for average monthly bill amount. Lamar Light and Power produces 6,278.5 megawatt hours from their generation plants, which ranks them as the 530th largest generator of electricity out of 3517 electricity suppliers in the United States. The supplier currently does not produce any of the electricity that they sell. Instead, they must purchase that electricity at wholesale prices and then resell it at a higher rate to end consumers. Lamar Light and Power is the 1648th largest supplier out of 3517 suppliers in the United States based on total megawatt hours sold.