Southern Rivers Energy

About Southern Rivers Energy

Southern Rivers Energy is an electric cooperative. The largest county serviced by Southern Rivers Energy is Bibb County, but the company also operates in in 8 counties in the state of Georgia. The supplier has a total of 21,778 customers. There are 20,577 residential customer accounts, 1,191 commercial customers and 10 industrial customer accounts. Southern Rivers Energy's consumers pay an average residential electricity rate of 16.44 cents per kilowatt hour, which ranks the company 88th out of 96 companies in Georgia and 2291st out of 2885 in the country for average electricity rate. In 2023 they sold 95.91% of their total megawatt hours disposed to end users (known as retail sales). Wholesale power purchases made up 100.00% of the total electricity sourced and 364,331 megawatt hours were purchased by way of the wholesale market. In 2023, they made a total of $59,110,000 from business activities relating to the sale and transfer of electricity. They had revenue of $55,283,000 from retail sales to end users.

The national average monthly residential power bill is $143.38, while the Southern Rivers Energy average is 47.26% more at $211.14 per month. Southern Rivers Energy ranks 2764th in the US for average monthly bill amount. Electricity generation is not handled in house at the company, as they purchase power at wholesale rates from other suppliers and then resell to their consumers. The power grid owned by the company experiences 3.58 outages per consumer a year, with outages lasting roughly 299.31 minutes. The nationwide average for other companies is 1.44 outages per customer and approximately 123.49 minutes an outage.