Central Valley Elec Coop
Electricity Rates, Plans & Statistics
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About Central Valley Elec Coop
Central Valley Elec Coop is an electricity cooperative with headquarters in Artesia, New Mexico and serving customers in New Mexico including in cities like Roswell, Carlsbad, Artesia, Loving, and Atoka CDP. Recently, the company reported a total customer base of 15,095 customer accounts, 4,382 of which are industrial properties, 4,693 are commercial customer accounts and 6,020 are residential accounts. On average, Central Valley Elec Coop's residential electricity price is 9.06 cents per kilowatt hour, which is 38.24% below the average state rate of 14.66 cents. They sold 858,566 megawatt hours through retail sales in 2023. The purchase of wholesale electricity made up 100.00% of the electricity sourced by the company.
The average residential electricity bill for a consumer of Central Valley Elec Coop is $105.87 per month. Customers of the company pay a 23.99% markdown compared to other residents of the country. Electricity production is not part of the Central Valley Elec Coop business model, as they purchase electricity at wholesale rates and then resell to their consumers. The grid owned by the provider experiences an average of 2.11 outages per customer a year, with outages lasting an average of 260.92 minutes. The nationwide average for other providers is 1.44 outages per customer and around 123.49 minutes each outage.
Offering net metering to customers is a win-win situation for Central Valley Elec Coop and any individuals who receive their electricity from the company. Installation of solar panels and alternative electricity sources is often too expensive for people. Net metering allows purchasers of these electricity sources to sell unused megawatt hours back into the grid, making the installation of these alternative sources economically viable.
Energy loss is a fact of life when working with electricity transmission. Central Valley Elec Coop currently averages a loss of roughly 5.01% of the aggregate electricity they transmit. Central Valley Elec Coop's energy loss levels place them at of 5th best out of the 30 providers that operate in New Mexico and report energy loss and 1051st best out of 3530 in the nation.
Central Valley Elec Coop Rate & Electric Bills
Central Valley Elec Coop residential electric rates are highest in October and the highest average bill is in June.
Historical Electricity Rates:
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Central Valley Elec Coop Overview
- Company Type:Cooperative
- Headquarters:1403 North 13th Street
Artesia, New Mexico 88210
United States of America - CEO:Chuck Pinson
Central Valley Elec Coop Contact
- Website:www.cvecoop.org
- Customer Service Phone:(575) 746-3571
- Contact Page:www.cvecoop.org
- Social Media:
Central Valley Elec Coop Service
- Rates & Plans:www.cvecoop.org
- Outage Map:ebill.cvecoop.org
- Outage Phone:(575) 746-3571
Energy Loss
Central Valley Elec Coop's energy loss due to business operations.
Total Energy Loss
45,279MWh
1051 National Rank
Grid Reliability
Length & Frequency of Central Valley Elec Coop's Power Outages
260.92 min.
vs. national average of 123.49 min.
2.11 outages/yr
vs. national average of 1.44
Power Outages
Currently, 0 customers are being tracked in Central Valley Elec Coop.
Customers Out:
0
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Central Valley Elec Coop Coverage Map
Central Valley Elec Coop State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| New Mexico | 15,106 | 69,808,861 | 10 | 100% |
Central Valley Elec Coop County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Chaves County | 65,014 | 6 | 12.40 | $119.58/mo |
| Eddy County | 61,096 | 4 | 11.10 | $114.65/mo |
| Lea County | 72,452 | 3 | 11.73 | $138.80/mo |
Cities Central Valley Elec Coop Has Coverage
- Artesia, NM
- Carlsbad, NM
- Dexter, NM
- Hagerman, NM
- Hope, NM
- Lake Arthur, NM
- Loving, NM
- Roswell, NM
* City coverage generated based on government data. Always verify you can get service from the provider.
Central Valley Elec Coop Reviews
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Central Valley Elec Coop FAQ:
What is the average bundled bill for Central Valley Elec Coop customers each month?
Central Valley Elec Coop currently has an average monthly bundled electric bill of $105.87, compared to the New Mexico average of $92.62 and the nationwide of $92.62 for bundled service.
Who is the CEO of Central Valley Elec Coop?
The current CEO of Central Valley Elec Coop is Chuck Pinson.
What is the average bundled electricity rate for Central Valley Elec Coop customers?
The average bundled price of electricity for customers of Central Valley Elec Coop is 9.06 cents per kilowatt hour (¢/kWh).
When will Central Valley Elec Coop power be restored?
Central Valley Elec Coop's outages last, on average, around 260.924 minutes per outage.
What is the phone number for Central Valley Elec Coop?
Central Valley Elec Coop's customer service phone number is (575) 746-3571
How many counties does Central Valley Elec Coop sell electricity in?
There are 3 counties that receive at least some electricity coverage by Central Valley Elec Coop including New Mexico.
What cities does Central Valley Elec Coop supply electricity in?
Central Valley Elec Coop has customers in 8 cities.
