Central Valley Elec Coop: Rates and Coverage Area

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, Artesia, Atoka CDP, Dexter, and Hagerman. Recently, the company reported a total customer base of 14,943 customer accounts, 4,364 of which are industrial properties, 4,672 are commercial customer accounts and 5,907 are residential accounts. On average, Central Valley Elec Coop's residential electricity price is 8.82 cents per kilowatt hour, which is 38.45% below the average state rate of 14.33 cents. They sold 838,492 megawatt hours through retail sales in 2022. The purchase of wholesale electricity made up 101.36% of the electricity sourced by the company.

The average residential electricity bill for a consumer of Central Valley Elec Coop is $102.75 per month. Customers of the company pay a 24.11% markdown compared to other residents of the country. The supplier is not associated with any electricity production plants and all of the megawatt hours that they sell to their consumers must be purchased wholesale from other companies.

Central Valley Elec Coop Net Metering

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

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 6th best out of the 30 providers that operate in New Mexico and report energy loss and 891st best out of 3517 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:

Price Per kWhAverage Bill$0.145/kWh$0.071/kWh$177.31/mo.$75.44/mo.
141st8.82¢Central Valley Elec Coop's Average residential price per kWh
920th$102.75Average monthly electricity bill for Central Valley Elec Coop's residential customers

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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

Central Valley Elec Coop Service

Energy provider of the year for New Mexico, Mid-Sized Provider Category
Lowest Residential Electricity Rate
New Mexico, Mid-Sized Provider Category
Claim Award
Energy provider of the year for New Mexico, Mid-Sized Provider Category
Top 3 Lowest Energy Loss
New Mexico, Mid-Sized Provider Category
Claim Award
Energy provider of the year for New Mexico, Major Provider Category
Lowest Residential Electricity Rate
New Mexico, Major Provider Category
Claim Award

Energy Loss

Central Valley Elec Coop's energy loss due to business operations.

-5.01%

Total Energy Loss

44,245MWh

891 National Rank

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Central Valley Elec Coop Coverage Map

Coverage Map Placeholder

Central Valley Elec Coop State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
New Mexico14,94365,373,28310100%

Central Valley Elec Coop County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Chaves County65,014612.99$114.44/mo
Eddy County61,096411.75$113.80/mo
Lea County72,452311.77$123.17/mo

Cities Central Valley Elec Coop Has Coverage

* 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 $102.75, compared to the New Mexico average of $89.16 and the nationwide of $89.16 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 8.82 cents per kilowatt hour (¢/kWh).

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 supply 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 to?

Central Valley Elec Coop provides electricity to 5 cities in the country including New Mexico.

King Manalo
Last Reviewed By: King Manalo
Published: 2023-12-06