Southwestern Electric Cooperative (New Mexico)

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 2,319 customer accounts who are receiving service from the company. These customer accounts are made up of 1,464 residential customer accounts, 318 commercial customers and 537 industrial accounts. The average residential electricity rate for consumers of Southwestern Electric Cooperative (New Mexico) is about 24.17 cents per kilowatt hour , which is above the United States average rate of 15.64 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 $139.74 per month, while the national average is $132.69. Consumers of the provider pay 5.31% 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.