Lamar County Electric Cooperative

About Lamar County Electric Cooperative

Lamar County Electric Cooperative serves 3 counties in the state of Texas including Lamar County, Red River County, and Delta County. The company recently reported a total of 13,417 total customers. Roughly 7.60% of them are commercial accounts and 92.40% are residential customers. Patrons of Lamar County Electric Cooperative pay an average residential electricity rate of 11.02 cents per kilowatt hour, which is 29.51% lower than the US average price of 15.64 cents. In 2022 they had retail sales of 255,388 megawatt hours. The electricity they sourced was made up of megawatt hours that they procured via wholesale channels. They purchased 278,399 wholesale megawatt hours. The total revenue for Lamar County Electric Cooperative in 2022 from electricity sales was $28,023,000, with 96.45% coming from retail sales to end users.

The state average monthly residential electricity bill is $158.61, while the Lamar County Electric Cooperative average is 26.10% less at $123.98 per month. This is the 57th lowest average monthly bill amount for a supplier in the state. The provider's consumers are faced with an average of 2.52 power outages per consumer each year. These outages go on for an average of 240.24 minutes, while the nationwide average is 1.27 outages per customer and 137.24 minutes per outage. The supplier currently does not generate their own electricity. Instead, they must purchase that electricity at wholesale prices and then resell it at a higher rate to end consumers.