Mountain Parks Electric

About Mountain Parks Electric

Mountain Parks Electric serves electricity to 5 counties in Colorado including counties like Larimer County, Summit County, Routt County, Grand County, and Jackson County. The entity is an electric cooperative. At the time of the most recent government reports, the provider had a total of 19,862 electricity customers signed on for their services. This total is made up of 82.17% residential customer accounts, 17.70% commercial customer accounts and 0.13% industrial customers. On average, Mountain Parks Electric charges their customers a residential electricity price of 15.59 cents per kilowatt hour. This is 3.44% below the nationwide average price of 16.15 cents. Around 335,336 megawatt hours were sold by the provider to retail end users in 2023. The electricity sourced by Mountain Parks Electric is made up primarily of megawatt hours they procured on wholesale channels. This category comprises 100.00% of all electricity sourced by the company. Their total revenue for 2023 from electricity activities was $42,991,000, with $42,266,000 coming from retail sales to end users and $81,000 from sales to the wholesale market.

Consumers of the company pay an average monthly residential electric bill of $149.33. This is 34.18% more than the Colorado average bill of $100.67. The supplier currently does not produce any of the electricity that they sell. Instead, they must purchase that electricity at wholesale rates and then resell it to end consumers. The electricity grid owned by the company experiences an average of 0.88 outages per customer per year, with outages lasting an average of 73.5 minutes. The national average for other suppliers is 1.44 outages per customer and about 123.49 minutes an outage.