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 22,124 customers. There are 19,873 residential accounts, 2,001 commercial customer accounts and 250 industrial customers. On average, Altamaha Electric Member Corporation charges their customers a residential electricity price of 15.84 cents per kilowatt hour. This is 1.79% lower than the US average price of 16.13 cents, ranking the company at 2136th out of 2885 companies in the country for lowest average electricity price. They had total sales and disposition of 593,465 megawatt hours in 2023, of which 572,191 megawatt hours were via retail sales. Of the megawatt hours they sourced, 593,465 megawatt hours were procured via wholesale channels. In 2023, the provider had revenue of $64,965,800 from retail electricity sales to end users.

The state average monthly residential electricity bill is $155.02, while the Altamaha Electric Member Corporation average is 3.32% more at $159.72 per month. Altamaha Electric Member Corporation ranks 70th in the state for average monthly bill total. The supplier's customers are faced with an average of 1.65 power outages per consumer each year. These outages go on for an average of 299.57 minutes, while the national average is 1.44 outages per consumer and 123.49 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.