Lost River Electric Cooperative

About Lost River Electric Cooperative

With headquarters in Mackay, Idaho, Lost River Electric Cooperative offers services 5 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 2,886 customers signed up for their services. Exactly 1,989 of these are residential accounts, 223 are commercial customers and 674 are industrial properties. Lost River Electric Cooperative's customers purchase electricity for, on average, 9.07 cents per kilowatt hour. Luckily, this is 18.13% less than the state's average price of 11.08 cents, ranking the supplier at 16th out of 32 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 electricity bill of $135.93. This is 22.87% higher than the state average bill of $105.58. 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.