Farmers Electric Company
Electricity Rates, Plans & Statistics
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About Farmers Electric Company
The provider has 128 residential customer accounts, 12 commercial customer accounts and 9 industrial customers spread throughout their service area whom they supply electricity services to. Farmers Electric Company bills their patrons a residential electricity rate of 8.35 cents per kilowatt hour on average. Thankfully, this is 28.53% lower than the state's average rate of 11.69 cents. The supplier had total sales and disposition of 4,346 megawatt hours in 2019, of which 3,871 megawatt hours were via retail sales. The electricity they sourced was made up of megawatt hours acquired on the wholesale electricity market. They purchased 4,346 wholesale megawatt hours. Their total revenue in 2019 from electricity related activities was $255,000, with $244,000 from retail sales to end users.
Patrons of the company pay an average residential electric bill of $104.15. This is 3.88% below the state average bill of $109.71. Electricity production is not handled in house at the company, as they purchase electricity at wholesale rates from other suppliers and then resell to their end users.
Farmers Electric Company Rate & Electric Bills
Farmers Electric Company residential electric rates are highest in May and the highest average bill is in January.
Historical Electricity Rates:
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Farmers Electric Company Overview
- Company Type:Cooperative
- Headquarters:290 ID-24
Rupert, Idaho 83350
United States of America
Farmers Electric Company Service
- States Served:
- Idaho
- Counties Served:
- Minidoka County
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Farmers Electric Company Coverage Map
Farmers Electric Company State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| Idaho | 150 | 321,817.95 | 30 | 100% |
Farmers Electric Company County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Minidoka County | 21,393 | 9 | 11.45 | $110.72/mo |
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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 $104.15. The Idaho average bundled bill is $109.71 and the nationwide average is $109.71.
What is the average bundled electricity rate for Farmers Electric Company customers?
Farmers Electric Company's current average bundled electricity rate is 8.35 cents per kilowatt hour (¢/kWh), compared to the average state bundled rate of 11.69 cents and the average US rate of 16.22 cents.
