Kit Carson Electric Cooperative

About Kit Carson Electric Cooperative

Kit Carson Electric Cooperative is an electricity cooperative with headquarters in Taos, New Mexico and serving customers in New Mexico including in cities like Taos, Questa, Arroyo Seco CDP, Ranchos de Taos CDP, and Taos Pueblo CDP. Recently, the company reported a total customer base of 27,295 customer accounts, 10 of which are industrial properties, 4,561 are commercial customer accounts and 22,724 are residential accounts. On average, Kit Carson Electric Cooperative's residential electricity price is 17.55 cents per kilowatt hour, which is 18.70% above the average state rate of 14.78 cents. They sold 287,442 megawatt hours through retail sales in 2023. The purchase of wholesale electricity made up 100.00% of the electricity sourced by the company. In 2023, the provider made 94.53% of their revenue from retail electricity sales to end users. Their revenue from all electricity activities was $44,278,500.

The average residential electricity bill for a consumer of Kit Carson Electric Cooperative is $108.99 per month. Customers of the company pay a 23.99% markdown compared to other residents of the country. Electricity production is not part of the Kit Carson Electric Cooperative business model, as they purchase electricity at wholesale rates and then resell to their consumers. The grid owned by the provider experiences an average of 0.43 outages per customer a year, with outages lasting an average of 315.97 minutes. The nationwide average for other providers is 1.44 outages per customer and around 123.49 minutes each outage.