Goldenwest Electric Coop

About Goldenwest Electric Coop

Goldenwest Electric Coop serves electricity to 2 states in the nation including cities like Glendive, West Glendive CDP, Beach, Wibaux, and Golva. The entity is an electric cooperative. At the time of the most recent government reports, the provider had a total of 1,687 electricity customers signed on for their services. This total is made up of 98.10% residential customer accounts and 1.90% commercial properties. On average, Goldenwest Electric Coop's customers spend 14.28 cents per kilowatt hour for their residential electricity, which is 9.28% lower than the nationwide average rate of 15.74 cents. In 2019 Goldenwest Electric Coop had retail sales of 58,099 megawatt hours. The megawatt hours sourced by the supplier primarily came from megawatt hours that they purchased by way of the wholesale electricity market. They purchased 61,882 wholesale megawatt hours. The total revenue for the company in 2019 from electricity sales was $7,083,300, with 86.87% coming from retail sales to end users.

Consumers of the company pay an average monthly residential electric bill of $85.3. This is 37.55% lower than the United States average bill of $136.59. Electricity production is not part of the Goldenwest Electric Coop business plan, as they purchase electricity at wholesale rates and then resell to their consumers.