Columbia Power System

About Columbia Power System

Columbia Power System is a municipally owned organization. The largest city serviced by Columbia Power System is Spring Hill, but the company also supplies electricity in 2 cities in Maury County, Tennessee. There are 33,792 customers of the supplier. Exactly 28,813 of them are residential properties, 4,977 are commercial customers and 2 of them are industrial customers. The average residential electricity price for Columbia Power System is approximately 12.76 cents per kilowatt hour, which is 20.57% less than the US average price of 16.06 cents. This makes the provider 939th out of 2885 companies in the country for best average electricity price. In 2023 the company sold 96.92% of their disposition to end users (known as retail sales). The electricity they sourced was made up of megawatt hours purchased on the wholesale electricity market. They purchased 739,769 on the wholesale market. In 2023, they made a total of $84,268,700 from business activities relating to the sale and transfer of electricity. They had revenue of $82,785,000 from retail sales to end users.

Customers of the provider have an average monthly residential electric bill of $150.12. This is 1.12% above the Tennessee average bill of $148.56. The provider currently does not produce their own electricity. Instead, they must purchase that electricity at wholesale prices and then resell it to end consumers. Consumers of the supplier are faced with 2 power outages on average per year, with outages lasting around 176.99 minutes on average. The national averages for these data points are 1.44 outages at 123.49 minutes each.