Springer Electric Cooperative

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About Springer Electric Cooperative

Springer Electric Cooperative is an electric cooperative located in Springer, New Mexico and supplying power to customers in New Mexico. There are 5 industrial customer accounts, 613 commercial accounts and 2,429 residential customers who are receiving service from the provider. Springer Electric Cooperative's average residential electricity price per kilowatt hour is 18.38 cents per kilowatt hour, which is 32.22% higher than the state's average rate of 13.90 cents and 30.24% more than the national average of 14.11 cents. There were a total of 4,933 megawatt hours sold to wholesale customers. The megawatt hours sourced by the company came from a combination of electricity generation from power facilities owned by Springer Electric Cooperative and supplementary megawatt hours that they purchased by way of wholesale channels. Their total revenue in 2020 from electricity activities was $20,653,000, with 95.56% coming from retail sales to end users and 2.44% from wholesale electricity sales.

Customers of the supplier have an average residential electricity bill of $89.65. This is 28.83% below the national average of $125.95. Springer Electric Cooperative produces 2,432 megawatt hours from their production facilities, ranking them as the 40th highest producer of electricity in New Mexico out of 29 electricity providers. The supplier generates 100.00% of their total number of megawatt hours generated, which is 2,432 megawatt hours, from renewable fuels. Springer Electric Cooperative is the 1097th largest electricity company out of 3509 electricity companies in the country based on total megawatt hours sold.

Springer Electric Cooperative Net Metering

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.

Energy Loss

Springer Electric Cooperative currently has a loss of roughly 1.39% of the electricity that they produce. This percentage of loss gives them a ranking of 110th best out of 3509 providers who report energy loss in the nation.

Springer Electric Cooperative Rate & Electric Bills

Springer Electric Cooperative residential electric rates are highest in January and the highest average bill is in May.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.184/kWh$0.176/kWh$89.65/mo.$82.37/mo.
2833rd18.38¢Springer Electric Cooperative's Average residential price per kWh
710th$89.65Average monthly electricity bill for Springer Electric Cooperative's residential customers

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

Springer Electric Cooperative Service

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Quick Facts About Springer Electric Cooperative

Springer Electric Cooperative produces 2,432 megawatt hours of electricity (or 100.00% of their total production) from solar energy sources.

Energy provider of the year for National, Major Provider Category
Highest Ratio of Renewable Electricity
National, Major Provider Category
Claim Award
Energy provider of the year for National, Major Provider Category
Highest Ratio of Renewable Electricity
National, Major Provider Category
Claim Award
Energy provider of the year for National, Major Provider Category
Highest Ratio of Renewable Electricity
National, Major Provider Category
Claim Award

Energy Loss

Springer Electric Cooperative's energy loss due to business operations.

-1.39%

Total Energy Loss

3,301MWh

110 National Rank

Springer Electric Cooperative Energy Makeup

Springer Electric Cooperative Coverage Map

Coverage Map Placeholder

Springer Electric Cooperative State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
New Mexico3,04719,735,00023100%

Springer Electric Cooperative County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Colfax County12,387522.58$116.94/mo
Harding County657321.36$122.67/mo
San Miguel County27,201415.10$85.73/mo
Union County4,079225.16$134.69/mo

Power Plants Owned by Springer Electric Cooperative

PlantCity/CountyStatePrimary Fuel TypeProduction (MWh)Emission (kg)Emissions/MWhToxic Chemical ReleaseClosing Date
Colfax County NM Solar 2,432

Springer Electric Cooperative Fuel Makeup

SOLAR
Solar
Solar
Solar
Solar
Solar
Solar
Solar
Solar
Solar
Solar
100.00%

Cities Springer Electric Cooperative Has Coverage

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

Springer Electric Cooperative Reviews

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Springer Electric Cooperative FAQ:

Who is the CEO of Springer Electric Cooperative?

The current CEO of Springer Electric Cooperative is David Spradlin.

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 $89.65, compared to the New Mexico average of $86.42 and the US of $86.42 for bundled service.

What percentage of Springer Electric Cooperative's electricity is produced using renewable fuel sources?

Power facilities owned by or associated with Springer Electric Cooperative produce 100.00% of their electricity using renewable fuel sources.

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 is the phone number for Springer Electric Cooperative?

Springer Electric Cooperative's customer service phone number is (575) 483-2421

What is the average bundled electricity rate for Springer Electric Cooperative customers?

The average bundled price of electricity for consumers of Springer Electric Cooperative is 18.38 cents per kilowatt hour (¢/kWh).

How many counties does Springer Electric Cooperative sell electricity in?

Springer Electric Cooperative supplies electricity in 4 counties.

What percentage of Springer Electric Cooperative's electricity is produced using nonrenewable fuels?

Springer Electric Cooperative produces 0% of their electricity using nonrenewable fuels.

What cities does Springer Electric Cooperative offer service to?

Springer Electric Cooperative provides electricity to 4 cities throughout the country.

Last Reviewed By: Nick Reese
Published: 2022-08-01