Capital Electric Cooperative

About Capital Electric Cooperative

Capital Electric Cooperative is an electric cooperative supplying electricity in North Dakota, including cities such as Bismarck, Lincoln, Wilton, Apple Valley CDP, and Wing. At the moment, there are 21,791 customers of the supplier. About 0.27% of them are industrial properties, 12.90% are commercial customers and 86.83% are residential properties. Capital Electric Cooperative's consumers are billed an average residential electricity rate of 10.36 cents per kilowatt hour . This is below both the state and the national average rates of 11.03 and 15.64 cents per kilowatt hour, respectively. They sold 391,921 megawatt hours through retail sales in 2022. The purchase of wholesale electricity made up 100.00% of the electricity sourced by the company. Their revenue for 2022 from electricity related activities was $41,902,000, with 96.79% coming from retail sales to end users.

Customers of the supplier pay an average monthly residential electric bill of $111.47. This is 1.16% higher than the state average bill of $109.94. The company is not associated with any electricity production plants and all of the electricity that they sell to their consumers must be purchased wholesale from other providers. Consumers of the company deal with 0.63 power outages on average per year, with outages lasting about 57.4 minutes on average. The national averages for these data points are 1.27 outages at 137.24 minutes each.