Sheridan Electric Cooperative

About Sheridan Electric Cooperative

With their main offices in Medicine Lake, Montana, Sheridan Electric Cooperative offers electricity services 2 states in the nation including Montana and North Dakota. A total of 4,195 customers (57.78% residential properties, 20.50% commercial customers and 21.72% industrial properties) are provided electricity by the company. The residential electricity price for consumers of Sheridan Electric Cooperative is, on average, 8.81 cents per kilowatt hour , which is less than US average rate of 15.64 cents per kilowatt hour. There were a total of 140,705 megawatt hours sold via retail sales in 2019 by the company. The purchase of wholesale electricity made up 100.00% of the electricity sourced by the company. In 2019, they made a total of $18,290,000 from business activities relating to the sale and transfer of electricity. They had 99.91% of their revenue coming from retail sales to end users.

The average residential electricity bill for a consumer of Sheridan Electric Cooperative is $137.32 per month. Consumers of the supplier pay 3.48% more compared to other citizens of the United States. Electricity production is not part of the Sheridan Electric Cooperative business model, as they purchase electricity at wholesale rates from other providers to then be resold to their end users.