Douglas Electric Coop

About Douglas Electric Coop

Douglas Electric Coop is an electricity cooperative serving Douglas County, South Dakota. At the moment they supply electricity to residential and commercial customers, with a total of 111 commercial customers and 774 residential customer accounts signed on for their services. The average residential electricity rate for Douglas Electric Coop is approximately 13.78 cents per kilowatt hour, which is 5.68% higher than the state's average price of 13.04 cents. Roughly 25,545 megawatt hours were sold by the company to retail accounts in 2019. The electricity sourced by Douglas Electric Coop is made up primarily of megawatt hours they procured via wholesale channels. Of the total electricity sourced by the company, whole purchased made up 100.00%. In 2019, the company had revenue of $3,098,400 from retail electricity sales to end users. Their revenue from all electricity activities was $3,108,000.

Consumers of the company have an average monthly residential electric bill of $284.95. This is 110.82% more than the state average of $126.05. The supplier currently does not produce any of the electricity that they sell. Instead, they must purchase that electricity at wholesale prices and then resell it at a higher rate to end users.