Mountain Parks Electric

About Mountain Parks Electric

Mountain Parks Electric is an electric cooperative located in Granby, Colorado and serving customers in 7 cities in Colorado. Electricity providers must regularly report their customer counts to government agencies. Recently the supplier disclosed a total of 21,150 customers receiving electricity from the company. About 0.07% of these customers are industrial properties, 16.43% are commercial customers and 83.51% are residential properties. On average, Mountain Parks Electric charges their patrons a residential electricity rate of 14.67 cents per kilowatt hour. Unfortunately for their customers, this rate is more than both the Colorado and the national average rates of 12.69 and 13.26 cents per kilowatt hour, respectively. They sold 1,061 megawatt hours in 2020 via wholesale sales to other electricity providers. The electricity sourced by the supplier primarily came from megawatt hours that they procured by way of wholesale channels. They purchased 317,550 megawatt hours on the wholesale market. In 2020, they made a total of $38,349,000 from business activities relating to the sale and transfer of electricity. They had 99.80% of their revenue coming from retail sales to end users and 0.20% from sales to the wholesale electricity market.

The average monthly residential power bill for a customer of Mountain Parks Electric is $105.21 per month, while the state average is $93.12. Electricity generation is not part of the Mountain Parks Electric business model, as they purchase electricity at wholesale rates from other companies to then be resold to their consumers.