Springer Electric Cooperative
Electricity Rates, Plans & Statistics
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About Springer Electric Cooperative
Electricity companies must regularly report the number of customers signed up for their services to government agencies. Recently the provider listed a total of 5 industrial customers, 586 commercial accounts and 2,307 residential customers receiving their services, which makes up the entirety of their customers. On average, Springer Electric Cooperative's residential electricity rate is 18.42 cents per kilowatt hour, which is 28.38% higher than New Mexico's average rate of 14.34 cents. This ranks the company 34th out of 39 providers in the state for lowest average electricity rate. They participated in end user sales and the wholesale electricity market in 2022, with sales to end users adding up to 226,565 megawatt hours and wholesale sales totaling 5,005 megawatt hours. The electricity sourced by Springer Electric Cooperative is made up of multiple sources including megawatt hours they generate in their electricity facilities and supplementary megawatt hours acquired on wholesale channels. Of the electricity sourced these two categories make up 0.98% and 99.02%, respectively. Their total revenue in 2022 from electricity activities was $19,984,000, with 2.59% coming from sales to the wholesale market.
Customers of the supplier have an average residential electricity bill of $96.67. This is 28.57% below the national average of $135.34. Springer Electric Cooperative produces 2,204 megawatt hours from their production facilities, ranking them as the 40th highest producer of electricity in New Mexico out of 30 electricity providers. The supplier generates 100.00% of their total number of megawatt hours generated, which is 2,204 megawatt hours, from renewable fuels. Springer Electric Cooperative is the 1033rd largest electricity company out of 3526 electricity companies in the country based on total megawatt hours sold.
Consumers of Springer Electric Cooperative are able to take advantage of net metering solutions, which is a positive for both parties. Net metering makes solar panel purchases more economically feasible as it gives the ability for consumers to sell electricity back to the grid.
Springer Electric Cooperative currently has a loss of roughly 1.49% of the electricity that they produce. This percentage of loss gives them a ranking of 143rd best out of 3526 providers who report energy loss in the nation.
Springer Electric Cooperative Rate & Electric Bills
Springer Electric Cooperative residential electric rates are highest in September and the highest average bill is in July.
Historical Electricity Rates:
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Springer Electric Cooperative Overview
- Company Type:Cooperative
- Headquarters:408 Maxwell Avenue
Springer, New Mexico 87747
United States of America - CEO:David Spradlin
Springer Electric Cooperative Contact
- Website:www.springercoop.com
- Customer Service Phone:(575) 483-2421
- Contact Page:www.springercoop.com
Springer Electric Cooperative Service
- Rates & Plans:www.springercoop.com
- Outage Phone:(800) 288-1353
- States Served:
- New Mexico
- Major Cities Served:
Quick Facts About Springer Electric Cooperative
Springer Electric Cooperative produces 2,204 megawatt hours of electricity (or 100.00% of their total production) from solar energy sources.
Energy Loss
Springer Electric Cooperative's energy loss due to business operations.
Total Energy Loss
3,504MWh
143 National Rank
Springer Electric Cooperative Energy Makeup
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Springer Electric Cooperative Coverage Map
Springer Electric Cooperative State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| New Mexico | 2,898 | 19,199,445.25 | 23 | 100% |
Power Plants Owned by Springer Electric Cooperative
| Plant | City/County | State | Primary Fuel Type | Production (MWh) | Emission (kg) | Emissions/MWh | Toxic Chemical Release | Closing Date |
|---|---|---|---|---|---|---|---|---|
Springer Solar 1Springer Electric Cooperative (100.00%) | Colfax County | NM | Solar | 2,204 |
Springer Electric Cooperative Fuel Makeup
Springer Electric Cooperative Reviews
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Springer Electric Cooperative FAQ:
Who is the CEO of Springer Electric Cooperative?
David Spradlin is the current CEO of Springer Electric Cooperative.
What is the average bundled bill for Springer Electric Cooperative customers each month?
Springer Electric Cooperative currently has an average monthly bundled electric bill of $96.67, compared to the New Mexico average of $89.23 and the US of $89.23 for bundled service.
What percentage of Springer Electric Cooperative's electricity is generated from nonrenewable fuel sources?
Springer Electric Cooperative produces 0% of their electricity from nonrenewable fuel types.
What is the phone number for Springer Electric Cooperative?
The Springer Electric Cooperative phone number is (575) 483-2421.
What is the average bundled electricity rate for Springer Electric Cooperative customers?
Customers of Springer Electric Cooperative, on average, have an electricity bundled rate 18.42 cents per kilowatt hour (¢/kWh).
How many power plants are owned by or associated with Springer Electric Cooperative?
Springer Electric Cooperative owns or is associated with one power plant.
What percentage of Springer Electric Cooperative's electricity is generated from renewable fuels?
Power generation facilities owned by or associated with Springer Electric Cooperative produce 100.00% of their electricity from renewable fuel types.
