Southwestern Electric Cooperative (New Mexico): Rates and Coverage Area

Southwestern Electric Cooperative (New Mexico)

Electricity Rates, Plans & Statistics

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About Southwestern Electric Cooperative (New Mexico)

With headquarters in Clayton, New Mexico, Southwestern Electric Cooperative (New Mexico) supplies electricity to 4 states throughout the nation. There are a total of 2,205 customer accounts who are receiving service from the company. These customer accounts are made up of 1,375 residential customer accounts, 301 commercial customers and 529 industrial accounts. The average residential electricity rate for consumers of Southwestern Electric Cooperative (New Mexico) is about 24.69 cents per kilowatt hour , which is above the United States average rate of 15.73 cents per kilowatt hour. In 2022 the company had retail sales of 312,444 megawatt hours. Wholesale power purchases made up 100.00% of the total electricity sourced . Exactly 319,603 megawatt hours were purchased by way of wholesale channels. They made $27,091,100 in total revenue in 2022 through retail electricity sales alone.

The average monthly residential electricity bill for a consumer of Southwestern Electric Cooperative (New Mexico) is $145.95 per month, while the national average is $135.39. Consumers of the provider pay 7.80% more compared to the rest of the United States. The company does not have ownership in any electricity plants and all of the electricity that they sell to their consumers must be purchased from other providers.

Southwestern Electric Cooperative (New Mexico) Net Metering

Southwestern Electric Cooperative (New Mexico) offers net metering choices to consumers. Net metering makes solar panel purchases more economically viable as it allows consumers to sell electricity into the grid.

Energy Loss

Losing electricity from heat dissipation during electricity transmission and other causes is part of being in the electricity production business. Suppliers must report these losses. Southwestern Electric Cooperative (New Mexico) reported a yearly loss of approximately 2.24% of the electricity that they transmit. The nationwide average energy loss is 2.87%. This gives Southwestern Electric Cooperative (New Mexico) a ranking of 236th best out of 3517 providers in the country.

Southwestern Electric Cooperative (New Mexico) Rate & Electric Bills

Southwestern Electric Cooperative (New Mexico) residential electric rates are highest in September and the highest average bill is in July.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.287/kWh$0.206/kWh$219.19/mo.$83.57/mo.
2863rd24.69¢Southwestern Electric Cooperative (New Mexico)'s Average residential price per kWh
2162nd$145.95Average monthly electricity bill for Southwestern Electric Cooperative (New Mexico)'s residential customers

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Southwestern Electric Cooperative (New Mexico) Overview

  • Company Type:Cooperative
  • Headquarters:216 Main Street
    Clayton, New Mexico 88415
    United States of America
  • CEO:Joel Gilbert

Southwestern Electric Cooperative (New Mexico) Contact

Southwestern Electric Cooperative (New Mexico) Service

Energy provider of the year for New Mexico, Mid-Sized Provider Category
Lowest Energy Loss
New Mexico, Mid-Sized Provider Category
Claim Award
Energy provider of the year for New Mexico, Major Provider Category
Top 3 Lowest Energy Loss
New Mexico, Major Provider Category
Claim Award
Energy provider of the year for New Mexico, Major Provider Category
Top 3 Lowest Energy Loss
New Mexico, Major Provider Category
Claim Award

Energy Loss

Southwestern Electric Cooperative (New Mexico)'s energy loss due to business operations.

-2.24%

Total Energy Loss

7,159MWh

236 National Rank

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Southwestern Electric Cooperative (New Mexico) Coverage Map

Coverage Map Placeholder

Southwestern Electric Cooperative (New Mexico) State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Colorado722,935.86800.73%
New Mexico2,16126,499,868.041998.16%
Oklahoma1393,205.81940.33%
Texas24409,212.022240.77%

Southwestern Electric Cooperative (New Mexico) County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Cimarron County2,271218.15$176.15/mo
Colfax County12,406521.27$119.75/mo
Dallam County7,135316.95$194.67/mo
Harding County533321.17$132.64/mo
Hartley County5,465317.14$190.93/mo
Las Animas County14,531318.74$201.17/mo
Quay County8,675316.86$128.20/mo
Union County4,122223.94$138.47/mo

Cities Southwestern Electric Cooperative (New Mexico) Has Coverage

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

Southwestern Electric Cooperative (New Mexico) Reviews

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Southwestern Electric Cooperative (New Mexico) FAQ:

What is the average BUNDLED electricity rate for Southwestern Electric Cooperative (New Mexico) customers?

The average BUNDLED price of electricity for consumers of Southwestern Electric Cooperative (New Mexico) is 24.69 cents per kilowatt hour (¢/kWh).

How much is the average bundled bill for Southwestern Electric Cooperative (New Mexico) customers each month?

The average monthly bundled electric bill for customers of Southwestern Electric Cooperative (New Mexico) is $145.95. The US average is $135.39 for bundled service.

How many counties does Southwestern Electric Cooperative (New Mexico) sell electricity in?

Southwestern Electric Cooperative (New Mexico) sells electricity to customers in 8 counties.

How many states does Southwestern Electric Cooperative (New Mexico) have customers in to?

There are 4 states that receive at least some electricity coverage by Southwestern Electric Cooperative (New Mexico) including Texas, Colorado, Oklahoma, and New Mexico.

Who is the CEO of Southwestern Electric Cooperative (New Mexico)?

The CEO of Southwestern Electric Cooperative (New Mexico) is Joel Gilbert.

What cities does Southwestern Electric Cooperative (New Mexico) supply electricity to?

Southwestern Electric Cooperative (New Mexico) supplies in 21 cities in the country including Texas, Colorado, Oklahoma, and New Mexico.

What is the phone number for Southwestern Electric Cooperative (New Mexico)?

You can reach Southwestern Electric Cooperative (New Mexico) by phone via (575) 374-2451.

Alex Zdanov
Last Reviewed By: Alex Zdanov
Published: 2024-05-31