Sierra Electric Cooperative

Electricity Rates, Plans & Statistics

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About Sierra Electric Cooperative

Sierra Electric Cooperative is an electricity cooperative with headquarters in Elephant Butte, New Mexico and supplying electricity to customers in 6 counties in New Mexico. The company recently disclosed a total of 4,313 total customers. Around 85.07% are residential customers and 14.93% of these are commercial accounts. On average, Sierra Electric Cooperative charges their customers a residential electricity rate of 17.90 cents per kilowatt hour. Sadly, this is 28.80% more than the state's average rate of 13.90 cents, resulting in the company ranking 34th best for average electricity rate out of 40 companies in New Mexico. A total of 25,461 megawatt hours were sold by way of wholesale channels. The electricity sourced by Sierra Electric Cooperative is made up of multiple electricity sources including 88 megawatt hours produced at electricity facilities they own and 69,729 megawatt hours procured on the wholesale electricity market. Sierra Electric Cooperative earned $9,321,000 in 2019. Exactly $2,034,000 of that revenue came from electricity sales on the wholesale market and $7,233,000 came from retail electricity sales.

The national average monthly residential power bill is $125.95, while the Sierra Electric Cooperative average is 19.88% less at $100.91 per month. Electricity production is not part of the Sierra Electric Cooperative business plan, as they purchase electricity at wholesale rates to then be resold to their customers.

Sierra Electric Cooperative Net Metering

Sierra Electric Cooperative is one of 22 electricity suppliers in the state who offer net metering to their customers. Without net metering, solar panel purchased are significantly less economically feasible, as citizens have no way to sell unused energy back to their supplier.

Sierra Electric Cooperative Rate & Electric Bills

Sierra Electric Cooperative residential electric rates are highest in January and the highest average bill is in May.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.193/kWh$0.179/kWh$101.00/mo.$93.95/mo.
2812th17.90¢Sierra Electric Cooperative's Average residential price per kWh
1084th$100.91Average monthly electricity bill for Sierra Electric Cooperative's residential customers

Sierra Electric Cooperative Overview

  • Company Type:Cooperative
  • Headquarters:610 Highway 195
    Elephant Butte, New Mexico 87935
    United States of America
  • CEO:Denise Barrera

Sierra Electric Cooperative Contact

Sierra Electric Cooperative Service

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Energy provider of the year for New Mexico, Major Provider Category
Shortest Average Electricity Outages
New Mexico, Major Provider Category
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Sierra Electric Cooperative Coverage Map

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Sierra Electric Cooperative State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
New Mexico4,3137,456,00027100%

Sierra Electric Cooperative County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Catron County3,579314.55$73.36/mo
Doña Ana County219,561312.36$84.93/mo
Grant County28,185414.89$95.87/mo
Luna County25,427416.74$115.83/mo
Sierra County11,576217.13$98.65/mo
Socorro County16,595316.07$88.49/mo

Cities Sierra Electric Cooperative Has Coverage

* City coverage generated based on government data. Always verify you can get service from the provider.

Sierra Electric Cooperative Reviews

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Sierra Electric Cooperative FAQ:

How much is the average bundled bill for Sierra Electric Cooperative customers each month?

Currently, the average monthly bundled electric bill for customers of Sierra Electric Cooperative is $100.91. The New Mexico average bundled bill is $86.42 and the United States average is $86.42.

What is the phone number for Sierra Electric Cooperative?

You can reach Sierra Electric Cooperative by phone via (575) 744-5231.

Who is the CEO of Sierra Electric Cooperative?

The CEO of Sierra Electric Cooperative is Denise Barrera.

What is the average bundled electricity rate for Sierra Electric Cooperative customers?

The average bundled rate of electricity for customers of Sierra Electric Cooperative is 17.90 cents per kilowatt hour (¢/kWh).

What cities does Sierra Electric Cooperative provider electricity to?

Sierra Electric Cooperative has customers in 4 cities in the nation including New Mexico.

How many counties does Sierra Electric Cooperative sell electricity to?

Sierra Electric Cooperative sells electricity to customers in 6 counties.

Last Reviewed By: Nick Reese
Published: 2022-08-01