Altamaha Electric Member Corporation

About Altamaha Electric Member Corporation

Altamaha Electric Member Corporation is an electricity cooperative headquartered in Lyons, Georgia and serving customers in Georgia including in cities such as Vidalia, Swainsboro, Lyons, East Dublin, and Soperton. The company has a total of 22,187 customers. There are 20,037 residential accounts, 1,908 commercial customer accounts and 242 industrial customers. On average, Altamaha Electric Member Corporation charges their customers a residential electricity price of 14.72 cents per kilowatt hour. This is 6.51% lower than the US average price of 15.74 cents, ranking the company at 1917th out of 2892 companies in the country for lowest average electricity price. They had total sales and disposition of 550,343 megawatt hours in 2022, of which 537,553 megawatt hours were via retail sales. Of the megawatt hours they sourced, 550,343 megawatt hours were procured via wholesale channels. In 2022, the provider had revenue of $58,903,000 from retail electricity sales to end users.

The state average monthly residential electricity bill is $147.55, while the Altamaha Electric Member Corporation average is 5.63% more at $155.24 per month. Altamaha Electric Member Corporation ranks 55th in the state for average monthly bill total. The supplier's customers are faced with an average of 1.69 power outages per consumer each year. These outages go on for an average of 179.38 minutes, while the national average is 1.45 outages per consumer and 171.11 minutes an outage. The company currently does not generate any of the electricity that they sell. Instead, they must purchase that electricity at wholesale rates and then resell it at a higher rate to end consumers.