Lamar Light and Power

About Lamar Light and Power

Lamar Light and Power is headquartered in Lamar, Colorado and it serves electricity in the citizens that call the city home. There are 2,959 residential customer accounts, 522 commercial customer accounts and 163 industrial customers receiving service from the company. On average, Lamar Light and Power charges their customers a residential electricity rate of 20.50 cents per kilowatt hour. Sadly, this is 33.90% more than the state's average rate of 15.31 cents, resulting in the company ranking 58th best for average electricity rate out of 64 companies in Colorado. Lamar Light and Power had total sales and disposition of 112,491 megawatt hours in 2019, of which 77.23% were via sales to end users. The electricity produced in the company's power plants made up 12.31% of the electricity sourced by the company. The purchase of wholesale electricity made up an additional 87.34%. Their total revenue in 2019 from electricity activities was $15,222,000, with $14,879,000 coming from retail sales to end users.

The national average monthly residential power bill is $143.38, while the Lamar Light and Power average is 35.38% higher at $194.1 per month. Lamar Light and Power is the 2644th ranked supplier in the country for average monthly bill amount. Lamar Light and Power produces 5,793 megawatt hours from their generation plants, which ranks them as the 531st largest generator of electricity out of 3530 electricity suppliers in the United States. The supplier currently does not produce any of the electricity that they sell. Instead, they must purchase that electricity at wholesale prices and then resell it at a higher rate to end consumers. Lamar Light and Power is the 1688th largest supplier out of 3530 suppliers in the United States based on total megawatt hours sold.