Lea County Electric

Electricity Rates, Plans & Statistics

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About Lea County Electric

With headquarters in Lovington, New Mexico, Lea County Electric offers electricity services 2 states in the country and is classified as an electric cooperative. Presently, 16,259 consumers receive their electricity from the supplier. These customers are a mix of 55.27% residential locations, 44.57% commercial customer accounts and 0.16% industrial customer accounts. Lea County Electric charges their consumers a residential electricity rate of 17.30 cents per kilowatt hour on average. Unfortunately for their patrons, this rate is above the US average rate 13.67 cents per kilowatt hour. In 2020 they sold 1,298,109 megawatt hours by way of retail sales to end users. The electricity sourced by the company is made up primarily of megawatt hours they acquired on wholesale channels. This category comprises 100.00% of the total electricity sourced by the company. In 2020, the provider earned $89,094,000 from retail electricity sales to end users. Their total revenue from all electricity activities was $89,713,000.

The national average monthly residential electricity bill is $120.97, while the Lea County Electric average is 50.82% higher at $182.45 per month. Lea County Electric is the 2712th ranked company in the nation for average monthly bill total. Electricity production is not part of the Lea County Electric business plan, as they purchase power at wholesale rates from other companies to then be resold to their consumers. Customers of the company deal with 1.31 power outages each year with outages lasting on average 145 minutes.

Energy Loss

Energy loss is always a reality when dealing with electricity transmission. Lea County Electric currently averages a loss of roughly 3.69% of the aggregate electricity they generate. These averages allow us to compare the grid efficiencies of the suppliers who operate throughout the United States. Lea County Electric has received a ranking of 547th best out of 3510 companies who report energy loss in the nation.

Lea County Electric Rate & Electric Bills

Lea County Electric residential electric rates are highest in January and the highest average bill is in January.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.094/kWh$0.086/kWh$97.74/mo.$86.76/mo.
2627th17.30¢Lea County Electric's Average residential price per kWh
2712th$182.45Average monthly electricity bill for Lea County Electric's residential customers

Lea County Electric Overview

  • Company Type:Cooperative
  • Headquarters:1300 West Avenue D
    Lovington, New Mexico 88260
    United States of America
  • CEO:Bobby Ferris

Lea County Electric Contact

Lea County Electric Service

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Energy provider of the year for New Mexico, Major Provider Category
Top 3 Least Outages Per Year
New Mexico, Major Provider Category
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Energy provider of the year for New Mexico, Major Provider Category
Top 3 Shortest Average Electricity Outages
New Mexico, Major Provider Category
Claim Award
Energy provider of the year for Texas, Major Provider Category
Top 3 Lowest Residential Electricity Rate
Texas, Major Provider Category
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Energy Loss

Lea County Electric's energy loss due to business operations.

-3.69%

Total Energy Loss

49,807MWh

547 National Rank

Grid Reliability

Length & Frequency of Lea County Electric's Power Outages

145 min.

vs. national average of 122.99 min.

1.31 outages/yr

vs. national average of 1.21

Lea County Electric Coverage Map

Coverage Map Placeholder

Lea County Electric State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
New Mexico11,15649,006,0001277.41%
Texas5,10340,088,00011822.59%

Lea County Electric County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Chaves County65,157612.90$108.31/mo
Cochran County2,547411.99$104.62/mo
Gaines County21,598811.04$113.41/mo
Lea County74,455310.37$100.10/mo
Yoakum County7,694310.92$110.31/mo

Cities Lea County Electric Has Coverage

  • Lovington, NM
  • Plains, TX
  • Tatum, NM

* City coverage generated based on government data. Always verify you can get service from the provider.

Lea County Electric Reviews

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Lea County Electric FAQ:

What is the phone number for Lea County Electric?

Lea County Electric's customer service phone number is (575) 396-3631

What is the average BUNDLED electricity rate for Lea County Electric customers?

The average BUNDLED rate of electricity for customers of Lea County Electric is 17.30 cents per kilowatt hour (¢/kWh).

How many states does Lea County Electric sell electricity in?

Lea County Electric offers service to customers in 2 states.

How much is the average bundled bill for Lea County Electric customers each month?

Currently, the average monthly bundled electric bill for customers of Lea County Electric is $182.45. The nationwide average is $120.97 for bundled service.

How many counties does Lea County Electric offer service in?

There are 5 counties that receive at least some electricity coverage by Lea County Electric.

Who is the CEO of Lea County Electric?

Bobby Ferris is the CEO of Lea County Electric.

When will Lea County Electric power be restored?

Lea County Electric's outages last, on average, about 144.999 minutes per outage.

What cities does Lea County Electric sell electricity in?

Lea County Electric serves electricity in 3 cities.

Last Reviewed By: King Manalo
Published: 2021-03-16Last Updated: 2022-06-02