Cooperative Light & Power

About Cooperative Light & Power

Cooperative Light & Power operates in 2 cities and is considered an electricity cooperative. There are 625 commercial customers and 1 industrial customer accounts who are served by the provider. The average residential electricity rate for Cooperative Light & Power is around 16.82 cents per kilowatt hour, resulting in the company ranking 150th out of 174 providers in the state and 2389th out of 2885 in the country for average electricity price. They had sales of 102,857 megawatt hours in 2019 sold to end users. The purchase of wholesale electricity made up 100.00% of the electricity sourced by the company. In 2019, the supplier had revenue of $12,867,500 from retail electricity sales. Their revenue from all electricity related activities was $12,919,700.

Consumers of the supplier pay an average residential electricity bill of $135.99. This is 5.16% less than the United States average of $143.38. 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.