Cooperative Light & Power

About Cooperative Light & Power

Cooperative Light & Power operates in 2 cities and is considered an electricity cooperative. There are 539 commercial customers and 1 industrial customer accounts who are served by the provider. The average residential electricity rate for Cooperative Light & Power is around 14.98 cents per kilowatt hour, resulting in the company ranking 133rd out of 175 providers in the state and 2027th out of 2892 in the country. The supplier had total sales and disposition of 107,695 megawatt hours in 2019, of which 102,857 megawatt hours were from sales to end users. The electricity sourced by the company is made up primarily of megawatt hours they acquired on the wholesale market. This category makes up 100.00% of all electricity sourced by the company. In 2019, the supplier made a total of $12,919,700 from business activities relating to the sale and transfer of electricity. They had 99.60% of their revenue coming from retail sales to end users.

Consumers of the supplier pay an average residential electricity bill of $126.3. This is 6.68% less than the United States average of $135.34. The provider currently does not generate any of the electricity that they sell. Instead, they must purchase that electricity at wholesale rates from other suppliers and then resell it at a higher rate to end customers.