Cheney Electric

About Cheney Electric

Cheney Electric supplies electricity in Spokane County, Washington. There are 5,879 customer accounts served by the supplier. These customer accounts are made up of 92.12% residential customers, 7.74% commercial customers and 0.14% industrial customers. Cheney Electric's customers are billed an average residential electricity price of 7.32 cents per kilowatt hour, resulting in the supplier ranking 8th out of 59 companies in Washington and 98th out of 2906 in the nation. Cheney Electric had total sales and disposition of 168,745 megawatt hours in 2019, of which 148,540 megawatt hours were via sales to end users. The electricity sourced by the company is made up primarily of megawatt hours they acquired via wholesale channels. This category comprises 100.00% of the total electricity sourced by the company. In 2019, the company made a total of $9,896,500 from business activities relating to the sale and transfer of electricity. They had 98.17% of their revenue coming from retail sales to end users.

Consumers of the company have an average residential power bill of $62.1. This is 31.30% less than the state average bill of $103.37. The company currently does not generate their own electricity. Instead, they must purchase that electricity at wholesale prices from other companies and then resell it at a higher rate to end consumers.