Excelsior Electric Membership Corporation

About Excelsior Electric Membership Corporation

Excelsior Electric Membership Corporation is an electric cooperative. The largest county served by Excelsior Electric Membership Corporation is Bulloch County, but the company also operates in in 6 counties in the state of Georgia. At the moment, 24,610 consumers receive their electricity from the company. These customers are a mix of 356 industrial properties, 1,568 commercial customers and 22,686 residential customer accounts. The average residential electricity rate for consumers of Excelsior Electric Membership Corporation is roughly 12.76 cents per kilowatt hour. This is 19.04% less than the national average price of 15.76 cents, which ranks the provider 1130th best for average electricity rate out of 2892 suppliers in the United States. In 2022 they sold 406,201 megawatt hours to end users (known as retail sales). The electricity sourced by the company is made up of primarily wholesale purchased megawatt hours, with 427,784 megawatt hours acquired by the company. In 2022, the supplier had revenue of $52,779,300 from retail electricity sales to end users.

The national average monthly residential power bill is $135.34, while the Excelsior Electric Membership Corporation average is 10.43% more at $149.46 per month. Excelsior Electric Membership Corporation is the 2234th ranked provider in the country for average monthly bill amount. The company currently does not generate their own electricity. Instead, they must purchase that electricity at wholesale prices and then resell it at a higher rate to end customers.