Salmon River Electric Cooperative

About Salmon River Electric Cooperative

Salmon River Electric Cooperative supplies electricity to 3 counties in Idaho. There are 2,868 customers of the company. Approximately 79.71% of them are residential customers, 16.04% of them are commercial customers and 4.25% are industrial properties. The residential electricity price for customers of Salmon River Electric Cooperative is, on average, 9.65 cents per kilowatt hour, which is 3.68% less than the average Idaho rate of 10.02 cents and 27.21% below the US average of 13.26. In 2020 they had sales to end customers totaling 97,418 megawatt hours. The electricity they sourced was made up of megawatt hours that they procured by way of wholesale channels. They purchased 104,474 megawatt hours on the wholesale market. Their total revenue for 2020 from electricity activities was $7,145,000, with $7,066,000 coming from retail sales to end users.

Customers of the company pay an average monthly residential power bill of $119.21. This is 1.09% above the national average bill of $117.93. Electricity production is not part of the Salmon River Electric Cooperative business model, as they purchase power at wholesale rates from other companies and then resell to their consumers.