Mora San Miguel Electric

About Mora San Miguel Electric

Mora San Miguel Electric is an electricity cooperative supplying electricity in New Mexico. The supplier recently reported a total of 10,978 residential customer accounts, 256 commercial accounts and 32 industrial customers, which makes up the entirety of their customer base. Mora San Miguel Electric's customers are charged an average residential electricity rate of 16.34 cents per kilowatt hour. This is 4.53% more than the national average rate of 15.64 cents, resulting in the company ranking 2568th best for average electricity price out of 2893 suppliers in the nation. Of the 82,505 megawatt hours the company sold and dispossessed, 75,283 were via retail sales. The electricity sourced by the company is made up of primarily wholesale purchased megawatt hours, with 82,505 procured by the company. In 2019, the company had revenue of $12,616,200 from retail electricity sales.

The average monthly residential power bill for a consumer of Mora San Miguel Electric is $80.04. Patrons of the company enjoy a 6.34% markdown compared to the rest of the state. The supplier does not have ownership in any power plants and all of the electricity that they sell to their customers must be purchased from other companies.