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 21,132 electricity customers signed on for their services. This total is made up of 83.73% residential customer accounts, 16.18% commercial customer accounts and 0.09% industrial customers. On average, Mountain Parks Electric charges their customers a residential electricity price of 14.83 cents per kilowatt hour. This is 5.88% below the nationwide average price of 15.76 cents. Around 318,558 megawatt hours were sold by the provider to retail end users in 2022. 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 2022 from electricity activities was $40,774,900, with $40,687,000 coming from retail sales to end users and $87,900 from sales to the wholesale market.

Consumers of the company pay an average residential electricity bill of $108.96. This is 19.49% below the nationwide average bill of $135.34. 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 0.67 outages per customer per year, with outages lasting an average of 82.6 minutes. The national average for other suppliers is 1.45 outages per customer and about 171.11 minutes an outage.