Snapping Shoals Electric Membership Corporation

About Snapping Shoals Electric Membership Corporation

Snapping Shoals Electric Membership Corporation is an electricity cooperative providing electricity in the state of Georgia, including cities such as Stonecrest, McDonough, Stockbridge, Conyers, and Covington. The company has 110,051 electricity customers. There are 105,687 residential customer accounts, 4,320 commercial customers and 44 industrial customers. The average residential electricity price for Snapping Shoals Electric Membership Corporation is about 12.45 cents per kilowatt hour. This is, luckily, 11.28% less than the state's average price of 14.03 cents. About 2,050,977 megawatt hours were sold by the company to retail customers in 2022. The megawatt hours sourced by the company primarily came from megawatt hours that they acquired on wholesale channels. They purchased 2,129,211 wholesale megawatt hours. Their revenue in 2022 from electricity related activities was $261,529,000, with 88.96% coming from retail sales to end users.

The average monthly residential electricity bill for a consumer of Snapping Shoals Electric Membership Corporation is $160.55 per month, while the state average is $147.55. Consumers of the provider pay 9.52% more compared to the rest of the state. 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. Customers of the supplier are faced with 0.89 electrical outages a year with outages lasting an average of 100.72 minutes.