Farmers Electric Company: Rates and Coverage Area

Farmers Electric Company

Electricity Rates, Plans & Statistics

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About Farmers Electric Company

Farmers Electric Company supplies electricity in Heyburn, Idaho. They presently provide electricity to residential, commercial and industrial customer accounts, with a total of 9 industrial customer accounts, 13 commercial accounts and 118 residential customers signed on for their services. The average residential electricity rate for consumers of Farmers Electric Company is around 7.31 cents per kilowatt hour . This is less than both the Idaho and the US average prices of 11.43 and 15.73 cents per kilowatt hour, respectively. Of the 4,346 megawatt hours Farmers Electric Company sold and dispossessed, 89.07% were from retail sales. Of the megawatt hours they sourced, 4,346 megawatt hours were procured by way of the wholesale electricity market. The revenue for Farmers Electric Company in 2019 from electricity sales was $255,000, with 95.69% coming from retail sales to end users.

Patrons of the company pay an average residential electric bill of $91.34. This is 11.50% below the state average bill of $106.91. Electricity production is not handled in house at the company, as they purchase electricity at wholesale rates from other suppliers and then resell to their end users.

Farmers Electric Company Rate & Electric Bills

Farmers Electric Company residential electric rates are highest in October and the highest average bill is in December.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.078/kWh$0.057/kWh$121.44/mo.$65.86/mo.
63rd7.31¢Farmers Electric Company's Average residential price per kWh
603rd$91.34Average monthly electricity bill for Farmers Electric Company's residential customers

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Farmers Electric Company Overview

  • Company Type:Cooperative
  • Headquarters:290 ID-24
    Rupert, Idaho 83350
    United States of America

Farmers Electric Company Service

    • States Served:
      • Idaho
    • Counties Served:
      • Minidoka County
    • Major Cities Served:
    Energy provider of the year for Idaho, Mid-Sized Provider Category
    Top 3 Lowest Residential Electricity Rate
    Idaho, Mid-Sized Provider Category
    Claim Award

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    Farmers Electric Company Coverage Map

    Coverage Map Placeholder

    Farmers Electric Company State Coverage

    StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
    Idaho140271,886.9129100%

    Farmers Electric Company County Coverage

    CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
    Minidoka County21,393711.48$109.14/mo

    Farmers Electric Company Reviews

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    Farmers Electric Company FAQ:

    How much is the average bundled bill for Farmers Electric Company customers each month?

    The average monthly bundled electric bill for customers of Farmers Electric Company is $91.34. The Idaho average bundled bill is $106.91 and the nationwide average is $106.91.

    What is the average bundled electricity rate for Farmers Electric Company customers?

    Farmers Electric Company's current average bundled electricity rate is 7.31 cents per kilowatt hour (¢/kWh), compared to the average state bundled rate of 11.43 cents and the average US rate of 15.73 cents.

    King Manalo
    Last Reviewed By: King Manalo
    Published: 2022-08-01