Empire Electric Association

About Empire Electric Association

Empire Electric Association is headquartered in Cortez, Colorado and supplies electricity in 2 states within the country This service territory also includes 5 cities within these states. The average residential electricity price for customers of Empire Electric Association is around 16.74 cents per kilowatt hour. This is 3.19% above the national average price of 16.22 cents. There were a total of 604,930 megawatt hours sold to retail consumers in 2023 by the provider. The electricity sourced by the supplier came from a mixture of electricity generation from electricity plants owned by Empire Electric Association and additional megawatt hours that they purchased by way of wholesale channels. They generated 15,028 megawatt hours and purchased 612,405 megawatt hours on the wholesale market. In 2023, the company earned 99.13% of their revenue from retail electricity sales to end users.

Consumers of the supplier have an average monthly residential electricity bill of $148.12. This is 3.31% above the nationwide average bill of $143.38. Customers of the provider deal with 1.45 electrical outages on average per year, with outages lasting around 116.4 minutes on average. The national averages for outages and duration are 1.44 outages at 123.49 minutes each. The company currently does not generate any of the electricity that they sell. Instead, they must purchase that electricity at wholesale prices and then resell it to end users.