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, Covington, and Munford. With 52,336 consumers, the supplier supplies electricity to 8,612 commercial customer accounts, 43,723 residential accounts and one industrial customer. Customers of Southwest Tennessee Electric Membership Corporation are charged an average residential electricity price of 13.26 cents per kilowatt hour. This is 18.24% lower than the national average rate of 16.22 cents. The supplier sold 900,335 megawatt hours via retail sales in 2023. The purchase of wholesale electricity made up 100.00% of the electricity sourced by the company. Their revenue for 2023 from electricity activities was $125,885,600, with $115,353,000 from retail sales to end users.

The average residential electricity bill for a consumer of Southwest Tennessee Electric Membership Corporation is $180.07 per month. Customers of the company pay a 25.59% markup compared to other residents of the country. Electricity production is not part of the Southwest Tennessee Electric Membership Corporation business model, as they purchase electricity at wholesale rates and then resell to their consumers. The grid owned by the provider experiences an average of 2.67 outages per customer a year, with outages lasting an average of 234.4 minutes. The nationwide average for other providers is 1.44 outages per customer and around 123.49 minutes each outage.