Lane Electric Cooperative

About Lane Electric Cooperative

Lane Electric Cooperative is an electricity cooperative operating in Oregon, including cities like Eugene, Veneta, Oakridge, Lowell, and Westfir. Recently, the company reported a customer base of 13,194 accounts, 12,003 of which are residential properties, 1,189 are commercial customer accounts and 2 are industrial accounts. The residential electricity rate for patrons of Lane Electric Cooperative is, on average, 13.73 cents per kilowatt hour, resulting in the supplier ranking 36th out of 44 suppliers in Oregon and 1549th out of 2892 in the country. In 2022 the company had retail sales of 250,873 megawatt hours. Power production facilities owned by the company generated 11 megawatt hours and an additional 266,989 megawatt hours were purchased via the wholesale electricity market. Their revenue in 2022 from electricity activities was $28,985,300, with $28,201,500 coming from retail sales to end users.

Patrons of the supplier pay an average monthly residential electric bill of $172.16. This is 27.20% higher than the national average bill of $135.34. The supplier is not associated with any power facilities and all of the electricity that they sell to their customers must be purchased from other providers.