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, 25,916 consumers receive their electricity from the company. These customers are a mix of 402 industrial properties, 1,680 commercial customers and 23,834 residential customer accounts. The average residential electricity rate for consumers of Excelsior Electric Membership Corporation is roughly 13.39 cents per kilowatt hour. This is 17.42% less than the national average price of 16.22 cents, which ranks the provider 1260th best for average electricity rate out of 2885 suppliers in the United States. In 2023 they sold 475,170 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 498,720 megawatt hours acquired by the company. In 2023, the supplier had revenue of $55,435,000 from retail electricity sales to end users.

The national average monthly residential power bill is $143.38, while the Excelsior Electric Membership Corporation average is 12.36% more at $161.11 per month. Excelsior Electric Membership Corporation is the 2138th 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.