Farmers Electric Clovis, New Mexico

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About Farmers Electric Clovis, New Mexico

Farmers Electric Clovis, New Mexico is an electricity cooperative headquartered in Clovis, New Mexico and serving customers in New Mexico including in cities such as Clovis, Portales, Tucumcari, Santa Rosa, and Cannon AFB CDP. The company has a total of 13,285 customers. There are 9,919 residential accounts, 1,837 commercial customer accounts and 1,529 industrial customers. On average, Farmers Electric Clovis, New Mexico charges their customers a residential electricity price of 11.23 cents per kilowatt hour, which is 19.23% less than New Mexico's average price of 13.90 cents and 20.44% less than the US average of 14.11 cents. The supplier sold 401,337 megawatt hours through retail sales in 2020. The electricity they sourced consisted of megawatt hours that they procured by way of the wholesale electricity market. They purchased 426,167 on the wholesale market. The total revenue for Farmers Electric Clovis, New Mexico for 2020 from electricity sales was $38,519,600, with 99.87% coming from retail sales to end users.

The state average monthly residential electricity bill is $86.42, while the Farmers Electric Clovis, New Mexico average is 6.15% more at $94.17 per month. Farmers Electric Clovis, New Mexico ranks 26th in the state for average monthly bill total. The supplier's customers are faced with an average of 1.69 power outages per consumer each year. These outages go on for an average of 161 minutes, while the national average is 1.21 outages per consumer and 122.99 minutes an outage. The company currently does not generate any of the electricity that they sell. Instead, they must purchase that electricity at wholesale rates and then resell it at a higher rate to end consumers.

Farmers Electric Clovis, New Mexico Net Metering

Farmers Electric Clovis, New Mexico is one of 22 providers in the state who offer net metering to their consumers. Net metering allows citizens to sell wattage back to their company, which makes the installation of solar panels and other alternative electricity sources more financially viable.

Energy Loss

Loss of electricity from heat dissipation while transmitting electricity and other causes is a reality of operating in the electricity generation business. Providers must report these losses to government agencies who track electricity grid efficiencies. Farmers Electric Clovis, New Mexico recently reported an annual loss of around 5.83% of the electricity that they generate. The state of New Mexico has an energy loss average of 6.66% and the countrywide average is 2.76%, giving Farmers Electric Clovis, New Mexico a rank of 8th best out of 29 providers reporting energy loss in the state.

Farmers Electric Clovis, New Mexico Rate & Electric Bills

Farmers Electric Clovis, New Mexico residential electric rates are highest in January and the highest average bill is in October.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.122/kWh$0.112/kWh$94.17/mo.$88.12/mo.
1019th11.23¢Farmers Electric Clovis, New Mexico's Average residential price per kWh
853rd$94.17Average monthly electricity bill for Farmers Electric Clovis, New Mexico's residential customers

Farmers Electric Clovis, New Mexico Overview

  • Company Type:Cooperative
  • Headquarters:3701 North Thornton Street
    Clovis, New Mexico 88101
    United States of America
  • CEO:Thom Moore

Farmers Electric Clovis, New Mexico Contact

Farmers Electric Clovis, New Mexico Service

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Energy provider of the year for New Mexico, Mid-Sized Provider Category
Top 3 Lowest Residential Electricity Rate
New Mexico, Mid-Sized Provider Category
Claim Award
Energy provider of the year for New Mexico, Mid-Sized Provider Category
Top 3 Shortest Average Electricity Outages
New Mexico, Mid-Sized Provider Category
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Energy provider of the year for New Mexico, Mid-Sized Provider Category
Least Outages Per Year
New Mexico, Mid-Sized Provider Category
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Energy Loss

Farmers Electric Clovis, New Mexico's energy loss due to business operations.

-5.83%

Total Energy Loss

24,830MWh

1110 National Rank

Grid Reliability

Length & Frequency of Farmers Electric Clovis, New Mexico's Power Outages

161 min.

vs. national average of 122.99 min.

1.69 outages/yr

vs. national average of 1.21

Farmers Electric Clovis, New Mexico Coverage Map

Coverage Map Placeholder

Farmers Electric Clovis, New Mexico State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
New Mexico13,28538,467,60016100%

Farmers Electric Clovis, New Mexico County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Chaves County65,157613.39$116.34/mo
Curry County48,430211.59$106.59/mo
De Baca County1,698212.50$96.71/mo
Guadalupe County4,452314.57$99.73/mo
Harding County657321.36$122.67/mo
Quay County8,746316.53$118.60/mo
Roosevelt County19,191311.58$114.50/mo
San Miguel County27,201415.10$85.73/mo

Cities Farmers Electric Clovis, New Mexico Has Coverage

* City coverage generated based on government data. Always verify you can get service from the provider.

Farmers Electric Clovis, New Mexico Reviews

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Farmers Electric Clovis, New Mexico FAQ:

How much is the average bundled bill for Farmers Electric Clovis, New Mexico customers each month?

Consumers of Farmers Electric Clovis, New Mexico pay, on average, a monthly bundled bill of $94.17.

When will Farmers Electric Clovis, New Mexico power be restored?

Farmers Electric Clovis, New Mexico's outages last, on average, about 161 minutes per each outage.

What is the average bundled electricity rate for Farmers Electric Clovis, New Mexico customers?

Customers of Farmers Electric Clovis, New Mexico, on average, have an electricity bundled rate 11.23 cents per kilowatt hour (¢/kWh).

How many counties does Farmers Electric Clovis, New Mexico supply electricity in?

There are 8 counties that receive at least some electricity coverage by Farmers Electric Clovis, New Mexico.

Who is the CEO of Farmers Electric Clovis, New Mexico?

Farmers Electric Clovis, New Mexico's CEO is Thom Moore.

What cities does Farmers Electric Clovis, New Mexico sell electricity in?

Farmers Electric Clovis, New Mexico serves 13 cities in the nation.

What is the phone number for Farmers Electric Clovis, New Mexico?

You can reach Farmers Electric Clovis, New Mexico by phone via (575) 762-4466.

Last Reviewed By: Alex Zdanov
Published: 2022-09-18