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About Salem Electric
Salem Electric is an electric cooperative serving the state of Oregon such as the cities of Salem, Keizer, and Eola CDP. At the moment, there are 20,412 customers of the provider. About 0.05% of them are industrial accounts, 11.74% are commercial customer accounts and 88.21% are residential customers. Consumers of Salem Electric purchase electricity for, on average, 9.82 cents per kilowatt hour. Fortunately for their consumers, this rate is lower than both the Oregon and nationwide average rates of 11.07 and 13.67 cents per kilowatt hour, respectively. Of the 328,862 megawatt hours the provider sold and dispossessed, 96.29% were from retail sales. The electricity sourced by Salem Electric is made up primarily of megawatt hours they acquired by way of wholesale channels. Of the total electricity sourced whole purchased made up 100.00%. Their revenue in 2020 from electricity activities was $29,812,200, with $29,672,800 from retail sales to end users.
The Oregon average monthly residential electric bill is $103.81, while the Salem Electric average is 14.23% lower at $86.59 per month. This is the 10th lowest average monthly bill amount for a supplier in the state. The power grid managed by the supplier has an average of 0.1 outages per customer a year, with outages lasting on average 12.51 minutes. The US average for other companies is 1.21 outages per consumer and around 122.99 minutes each outage. The company currently does not produce their own electricity. Instead, they must purchase that electricity at wholesale rates and then resell it at a higher rate to end users.
Offering net metering to consumers is a win-win situation for Salem Electric and any residents who receive their electricity from the company. Without net metering, solar panel installation is significantly less economically realistic, as citizens have no way to sell excess electricity back into the infrastructure system.
Suppliers routinely submit data for energy lost through electricity transmission to government agencies who track electricity grid efficiencies. Salem Electric recently reported a loss of 3.71% of the electricity generation. These averages allow us to compare and contrast the grid efficiencies of the numerous providers who operate around the nation. Salem Electric has earned a rank of 549th best out of 3510 providers who report energy loss in the United States and 7th best out of 39 in the state.
Salem Electric Rate & Electric Bills
Salem Electric residential electric rates are highest in January and the highest average bill is in February.
Historical Electricity Rates:
Salem Electric Overview
- Company Type:Cooperative
- Headquarters:633 7th Street Northwest
Salem, Oregon 97304
United States of America
- CEO:Dave Bauer
Salem Electric Contact
Salem Electric Service
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Salem Electric's energy loss due to business operations.
Total Energy Loss
549 National Rank
Length & Frequency of Salem Electric's Power Outages
vs. national average of 122.99 min.
vs. national average of 1.21
Salem Electric Coverage Map
Salem Electric State Coverage
|State||Customers||Sales ($)||State Rank Based On Revenue||% of Provider's Residential Sales in State|
Salem Electric County Coverage
Cities Salem Electric Has Coverage
- Keizer, OR
- Salem, OR
* City coverage generated based on government data. Always verify you can get service from the provider.
Salem Electric Reviews
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Salem Electric FAQ:
When will Salem Electric power be restored?
The average number of minutes for an outage for Salem Electric's consumers is 12.51 minutes.
Who is the CEO of Salem Electric?
Dave Bauer is the CEO of Salem Electric.
What is the average bundled bill for Salem Electric customers each month?
Currently, the average monthly bundled electric bill for customers of Salem Electric is $86.59. The state average bundled bill is $103.81 and the United States average is $103.81.
What is the phone number for Salem Electric?
The Salem Electric phone number is (503) 362-3601.
What is the average bundled electricity rate for Salem Electric customers?
Customers of Salem Electric, on average, have an electricity bundled rate 9.82 cents per kilowatt hour (¢/kWh).
What cities does Salem Electric have customers in to?
Salem Electric provides electricity to 2 cities.