Farmers Electric Clovis, New Mexico
Electricity Rates, Plans & Statistics
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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, Cannon AFB CDP, and Santa Rosa. The company has a total of 13,072 customers. There are 9,629 residential accounts, 1,841 commercial customer accounts and 1,602 industrial customers. On average, Farmers Electric Clovis, New Mexico charges their customers a residential electricity price of 13.99 cents per kilowatt hour, which is 4.41% less than New Mexico's average price of 14.64 cents and 11.28% less than the US average of 15.77 cents. The supplier sold 386,707 megawatt hours through retail sales in 2023. The electricity they sourced consisted of megawatt hours that they procured by way of the wholesale electricity market. They purchased 409,063 on the wholesale market. The total revenue for Farmers Electric Clovis, New Mexico for 2023 from electricity sales was $40,650,700, with 99.89% coming from retail sales to end users.
The state average monthly residential electricity bill is $91.53, while the Farmers Electric Clovis, New Mexico average is 27.23% more at $129.64 per month. Farmers Electric Clovis, New Mexico ranks 30th in the state for average monthly bill total. Electricity generation is not part of the Farmers Electric Clovis, New Mexico business model, as they purchase electricity at wholesale rates from other companies and then resell to their end users.
Farmers Electric Clovis, New Mexico is one of 23 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.
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 5.47% of the electricity that they generate. The state of New Mexico has an energy loss average of 10.30% and the countrywide average is 2.43%, giving Farmers Electric Clovis, New Mexico a rank of 7th best out of 30 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 February and the highest average bill is in August.
Historical Electricity Rates:
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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
- Website:www.fecnm.org
- Customer Service Phone:(575) 762-4466
- Social Media:
Farmers Electric Clovis, New Mexico Service
- Rates & Plans:www.fecnm.org
- Outage Phone:(800) 445-8541
- States Served:
- New Mexico
- Counties Served:
- Chaves County
- Curry County
- San Miguel County
- Roosevelt County
- Quay County
- Major Cities Served:See all cities
Energy Loss
Farmers Electric Clovis, New Mexico's energy loss due to business operations.
Total Energy Loss
22,356MWh
1131 National Rank
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Farmers Electric Clovis, New Mexico Coverage Map
Farmers Electric Clovis, New Mexico State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| New Mexico | 13,072 | 49,565,911.13 | 14 | 100% |
Farmers Electric Clovis, New Mexico County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Chaves County | 65,014 | 6 | 12.08 | $115.84/mo |
| Curry County | 48,716 | 2 | 13.63 | $127.28/mo |
| De Baca County | 1,873 | 2 | 14.95 | $129.42/mo |
| Guadalupe County | 4,465 | 4 | 16.45 | $129.18/mo |
| Harding County | 533 | 3 | 22.70 | $153.82/mo |
| Quay County | 8,675 | 3 | 19.92 | $145.69/mo |
| Roosevelt County | 19,223 | 2 | 12.54 | $125.85/mo |
| San Miguel County | 27,357 | 4 | 16.62 | $113.25/mo |
Cities Farmers Electric Clovis, New Mexico Has Coverage
- Clovis, NM
- Floyd, NM
- Fort Sumner, NM
- Grady, NM
- House, NM
- Logan, NM
- Melrose, NM
- Mosquero, NM
- Portales, NM
- San Jon, NM
- Santa Rosa, NM
- Texico, NM
- Tucumcari, NM
* 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 $129.64.
What is the phone number for Farmers Electric Clovis, New Mexico?
Farmers Electric Clovis, New Mexico's customer service phone number is (575) 762-4466
How many counties does Farmers Electric Clovis, New Mexico offer service to?
There are 8 counties that receive at least some electricity coverage by Farmers Electric Clovis, New Mexico.
What is the average bundled electricity rate for Farmers Electric Clovis, New Mexico customers?
The average bundled rate of electricity for consumers of Farmers Electric Clovis, New Mexico is 13.99 cents per kilowatt hour (¢/kWh).
Who is the CEO of Farmers Electric Clovis, New Mexico?
The current CEO of Farmers Electric Clovis, New Mexico is Thom Moore.
What cities does Farmers Electric Clovis, New Mexico have customers in to?
Farmers Electric Clovis, New Mexico provides electricity to 13 cities.
