Chippewa Valley Electric Cooperative

About Chippewa Valley Electric Cooperative

Chippewa Valley Electric Cooperative is an electric cooperative. The largest city served by the provider is Chippewa Falls, but the company also supplies electricity to 5 cities in Wisconsin. Electricity providers must regularly report the total number of customers signed on for their services to government agencies. In the most recent report the company reported 7,805 customers receiving their services. Around 92.67% of these are residential accounts, 6.96% are commercial accounts and 0.37% are industrial properties. Chippewa Valley Electric Cooperative charges their consumers a residential electricity price of 14.55 cents per kilowatt hour on average . This is lower than both the Wisconsin and United States average rates of 16.99 and 15.64 cents per kilowatt hour, respectively. There were a total of 102,558 megawatt hours sold via retail sales in 2019 by the provider. Wholesale power purchases made up 100.00% of all electricity sourced and 107,846 megawatt hours were acquired on wholesale channels. The revenue for the company for 2019 from electricity sales was $14,728,600, with 98.89% coming from retail sales to end users.

The national average monthly residential electric bill is $132.69, while the Chippewa Valley Electric Cooperative average is 16.23% higher at $154.23 per month. Chippewa Valley Electric Cooperative is the 2355th ranked company in the nation for average monthly bill total. The company currently does not produce their own electricity. Instead, they must purchase that electricity at wholesale rates and then resell it at a higher rate to end users.