Lyntegar Electric Cooperative

About Lyntegar Electric Cooperative

Lyntegar Electric Cooperative is an electricity cooperative. The largest county served by Lyntegar Electric Cooperative is Hockley County, but the company also supplies electricity in 9 counties in the state of Texas. Electricity companies must regularly report their customer counts to government agencies. In the most recent report the provider listed a total of 25,217 customers receiving electricity from the company. Exactly 12,621 of these customers are industrial accounts, 3,436 are commercial customers and 9,160 are residential accounts. Lyntegar Electric Cooperative's average residential electricity rate per kilowatt hour is 10.38 cents per kilowatt hour, which ranks the company 18th out of 200 suppliers in Texas and 273rd out of 2885 in the nation. Around 857,368 megawatt hours were sold by the provider to retail customers in 2023 and 12,039 megawatt hours were sold to other suppliers through the wholesale market. The megawatt hours sourced by the provider primarily came from megawatt hours that they purchased via wholesale channels. They purchased 923,215 megawatt hours on the wholesale market. In 2023, the provider made $78,241,300 from retail electricity sales to end users and $689,100 on the wholesale electricity market. Their total revenue from electricity related activities was $79,398,300.

The US average monthly residential electricity bill is $143.38, while the Lyntegar Electric Cooperative average is 16.89% less at $119.16 per month. This is the 1020th lowest average monthly bill amount for a provider in the nation. The supplier currently does not produce their own electricity. Instead, they must purchase that electricity at wholesale rates and then resell it to end users.