Mid-Yellowstone Electric

About Mid-Yellowstone Electric

Mid-Yellowstone Electric is an electric cooperative. The largest county served by Mid-Yellowstone Electric is Big Horn County, but the company also operates in in 5 counties in the state of Montana. At the moment, 2,040 consumers receive their electricity from the company. These customers are a mix of 749 industrial properties, 226 commercial customers and 1,065 residential customer accounts. The average residential electricity rate for consumers of Mid-Yellowstone Electric is roughly 12.74 cents per kilowatt hour. This is 18.49% less than the national average price of 15.64 cents, which ranks the provider 1388th best for average electricity rate out of 2893 suppliers in the United States. In 2019 they had sales to end users totaling 25,227 megawatt hours and wholesale sales to other electricity providers of 25,227 megawatt hours. The electricity sourced by the company is made up primarily of megawatt hours they acquired via the wholesale electricity market. This category makes up 100.80% of all electricity sourced. The total revenue for Mid-Yellowstone Electric in 2019 from electricity sales was $3,510,300, with 0.18% coming from wholesale electricity sales and 98.73% from retail sales to end users.

The national average monthly residential power bill is $132.69, while the Mid-Yellowstone Electric average is 27.46% more at $169.14 per month. Mid-Yellowstone Electric is the 2624th ranked provider in the country for average monthly bill amount. The company currently does not generate their own electricity. Instead, they must purchase that electricity at wholesale prices and then resell it at a higher rate to end customers.