Riverside Electric Cooperative

About Riverside Electric Cooperative

Riverside Electric Cooperative serves electricity to Declo, Idaho and is an electric cooperative. The provider recently disclosed a total of 611 customers, all of which are residential customers. The residential electricity price for customers of Riverside Electric Cooperative is, on average, 6.29 cents per kilowatt hour, which is 57.59% less than the nationwide average rate of 14.84 cents. This makes the supplier 55th out of 2906 providers in the country for lowest average electricity rate. There were a total of 20,963 megawatt hours sold to retail customers in 2019 by the supplier. The purchase of wholesale electricity made up 100.00% of the electricity sourced by the company. In 2019, the total revenue for Riverside Electric Cooperative was $1,372,400, which was earned entirely through electricity sales to retail customers.

Customers of the provider have an average monthly residential electric bill of $206.63. This is 77.43% more than the Idaho average of $104.56. Electricity production is not handled in house at the company, as they purchase power at wholesale rates from other companies and then resell to their end users.