Southwest Tennessee Electric Membership Corporation

About Southwest Tennessee Electric Membership Corporation

Southwest Tennessee Electric Membership Corporation is an electricity cooperative with headquarters in Brownsville, Tennessee and serving customers in Tennessee including in cities like Jackson, Atoka, Brownsville, Munford, and Henderson. With 51,816 consumers, the supplier supplies electricity to 8,347 commercial customer accounts, 43,468 residential accounts and one industrial customer. Customers of Southwest Tennessee Electric Membership Corporation are charged an average residential electricity price of 12.63 cents per kilowatt hour. This is 19.22% lower than the national average rate of 15.64 cents. The supplier sold 937,475 megawatt hours via retail sales in 2022. The purchase of wholesale electricity made up 100.00% of the electricity sourced by the company. Their revenue for 2022 from electricity activities was $129,949,400, with $122,360,000 from retail sales to end users.

The average residential electricity bill for a consumer of Southwest Tennessee Electric Membership Corporation is $159.39 per month. Customers of the company pay a 20.12% markup compared to other residents of the country. The supplier is not associated with any electricity production plants and all of the megawatt hours that they sell to their consumers must be purchased wholesale from other companies.