Lost River Electric Cooperative

About Lost River Electric Cooperative

With headquarters in Mackay, Idaho, Lost River Electric Cooperative offers services 4 cities in the state and is classified as an electric cooperative. Electricity suppliers must regularly report their customer counts to government agencies. On the most recent reports the supplier disclosed a total of 2,982 customers signed up for their services. Exactly 2,096 of these are residential accounts, 205 are commercial customers and 681 are industrial properties. Lost River Electric Cooperative's customers purchase electricity for, on average, 10.77 cents per kilowatt hour. Luckily, this is 7.86% less than the state's average price of 11.69 cents, ranking the supplier at 21st out of 34 suppliers in the state for lowest average electricity price. There were a total of 76,369 megawatt hours sold to retail accounts in 2019 by the company. The electricity sourced by Lost River Electric Cooperative is made up primarily of megawatt hours they acquired on wholesale channels. Of the total electricity sourced whole purchased made up 100.00%. In 2019, the supplier made a total of $6,178,300 from retail electricity sales. Their revenue from electricity related activities was $6,247,300.

Consumers of the supplier have an average monthly residential power bill of $125.53. This is 11.03% higher than the state average of $109.71. The provider currently does not produce any of the electricity that they sell. Instead, they must purchase that electricity at wholesale prices from other suppliers and then resell it to end consumers.