Southside Electric Cooperative: Rates and Coverage Area

Southside Electric Cooperative

Electricity Rates, Plans & Statistics

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About Southside Electric Cooperative

Southside Electric Cooperative is an electric cooperative. The largest city served by the provider is Petersburg, but the company also supplies electricity to 12 cities in Virginia. The average residential electricity rate for consumers of Southside Electric Cooperative is around 15.33 cents per kilowatt hour, which is 4.86% more than the average Virginia price of 14.62 cents and 4.93% below the national average of 16.13. They sold 912,689 megawatt hours through retail sales in 2023. The electricity sourced was made up of megawatt hours that they purchased by way of wholesale channels. They purchased 953,687 megawatt hours on the wholesale market. They made $130,391,200 in 2023. The entirety of the revenue came from sales to retail customers alone.

The national average monthly residential electric bill is $141.25, while the Southside Electric Cooperative average is 20.14% higher at $169.69 per month. Southside Electric Cooperative is the 2457th ranked company in the nation for average monthly bill total. Customers of the provider are faced with 2.44 power outages a year with outages lasting an average of 271.5 minutes. The company currently does not produce any of the electricity that they sell. Instead, they must purchase that electricity at wholesale rates and then resell it at a higher rate to end consumers.

Southside Electric Cooperative Net Metering

Luckily, Southside Electric Cooperative offers net metering choices to consumers. Without net metering, solar panel installation is significantly less attractive economically, as consumers have no way to sell extra electricity back into the grid.

Energy Loss

Energy loss is a fact of life when working with electricity transmission. Southside Electric Cooperative currently averages a loss of around 4.07% of the total electricity they produce. These averages allow us to compare and contrast the grid efficiencies of the providers who operate around the United States. Southside Electric Cooperative has received a rank of 13th best out of 32 providers who report energy loss in Virginia.

Southside Electric Cooperative Rate & Electric Bills

Southside Electric Cooperative residential electric rates are highest in September and the highest average bill is in July.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.163/kWh$0.110/kWh$235.59/mo.$106.54/mo.
1994th15.33¢Southside Electric Cooperative's Average residential price per kWh
2457th$169.69Average monthly electricity bill for Southside Electric Cooperative's residential customers

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Southside Electric Cooperative Overview

  • Company Type:Cooperative
  • Headquarters:2000 West Virginia Avenue
    Crewe, Virginia 23930
    United States of America
  • CEO:Jeffrey S. Edwards

Southside Electric Cooperative Contact

Southside Electric Cooperative Service

Energy Loss

Southside Electric Cooperative's energy loss due to business operations.

-4.07%

Total Energy Loss

38,861MWh

836 National Rank

Grid Reliability

Length & Frequency of Southside Electric Cooperative's Power Outages

271.5 min.

vs. national average of 123.49 min.

2.44 outages/yr

vs. national average of 1.44

Power Outages

Currently, 0 customers are being tracked in Southside Electric Cooperative.

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Customers Out:

0

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Southside Electric Cooperative Coverage Map

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Southside Electric Cooperative State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Virginia60,143139,975,834.847100%

Southside Electric Cooperative County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Amelia County13,220215.04$164.85/mo
Appomattox County16,039315.53$174.24/mo
Bedford County80,848316.22$177.43/mo
Brunswick County16,044315.00$154.58/mo
Campbell County55,656315.73$170.63/mo
Charlotte County11,605314.93$159.04/mo
Chesterfield County378,408214.24$147.50/mo
Cumberland County9,669315.11$165.63/mo
Dinwiddie County28,040314.89$163.58/mo
Lunenburg County11,982315.09$163.53/mo

Cities Southside Electric Cooperative Has Coverage

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

Southside Electric Cooperative Reviews

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Southside Electric Cooperative FAQ:

What is the phone number for Southside Electric Cooperative?

The Southside Electric Cooperative phone number is (800) 552-2118.

When will Southside Electric Cooperative power be restored?

Southside Electric Cooperative's outages last, on average, roughly 271.497 minutes per outage.

Who is the CEO of Southside Electric Cooperative?

The current CEO of Southside Electric Cooperative is Jeffrey S. Edwards.

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

The average bundled price of electricity for consumers of Southside Electric Cooperative is 15.33 cents per kilowatt hour (¢/kWh).

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

Southside Electric Cooperative currently has an average monthly bundled electric bill of $169.69, compared to the Virginia average of $152.64 and the US of $152.64 for bundled service.

What cities does Southside Electric Cooperative offer service in?

Southside Electric Cooperative supplies to 12 cities throughout the US including Virginia.

How many counties does Southside Electric Cooperative have customers in in?

Southside Electric Cooperative provides electricity in 17 counties throughout the United States including Virginia.

Ginalyn Gelera
Last Reviewed By: Ginalyn Gelera
Published: 2024-08-16