Springer Electric Cooperative

Springer Electric Cooperative operates in 4 counties and is classified as an electric cooperative. With 3,047 customers, the company provides electricity to 5 industrial customers, 613 commercial locations and 2,429 residential locations. Springer Electric Cooperative has an average residential electricity rate of 18.38 cents per kilowatt hour, which is 37.17% higher than the average state price of 13.40 cents and 36.64% higher than the nationwide average of 13.45. In 2020 they had sales to end customers totaling 228,717 megawatt hours. The electricity sourced by the provider came from a mix of electricity generation from power facilities owned by Springer Electric Cooperative and additional megawatt hours that they acquired via the wholesale market. In 2020, the company earned $19,735,000 from retail electricity sales and $503,000 on the wholesale electricity market.

About Springer Electric Cooperative

The state average monthly residential electricity bill is $90.54, while the Springer Electric Cooperative average is 0.74% below at $89.65 per month. This is the 25th lowest average monthly bill amount for a provider in the state. Springer Electric Cooperative produces 2,498 megawatt hours from their generation plants, ranking them as the 40th highest generator of electricity in the state out of 30 suppliers. Based on megawatt hours produced, Springer Electric Cooperative is the 40th largest provider out of 67 providers in the state. Solar fields owned by the supplier produce 2,498 megawatt hours, which is 100.00% of their total production amount.

Springer Electric Cooperative Net Metering

Springer Electric Cooperative allows customers of the company to participate in net metering programs. Installation of solar panels and other electricity sources is often prohibitively priced for individuals. Net metering allows purchasers of these electricity sources to sell extra wattage back to their company, making the installation of these alternative sources economically viable .

Energy Loss

Springer Electric Cooperative recently reported an annual loss of approximately 1.39% of the electricity that they produce. Loss of electricity due to heat dissipation during electricity transmission and other causes is part of operating in the electricity production business and electricity providers are required to report these losses to government agencies who track electricity grid efficiencies. This percentage of energy lost gives them a rank of 1st best out of 30 suppliers reporting energy loss in the state.

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 Electric Rates:

Price Per kWHAverage Bill$0.184/kWh$0.176/kWh$89.65/mo.$82.37/mo.
3026th18.38¢Springer Electric Cooperative's Average residential price per kWh
890th$89.65Average monthly electric 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

Quick Facts About Springer Electric Cooperative

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Springer Electric Cooperative is 1st out of the 3510 companies in the United States for the percentage of their fuel usage that comes from sustainable fuels.

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%Light BulbIcon representing Light Bulb.

Total Energy Loss

3,301MWh

110 National Rank

Springer Electric Cooperative Energy Makeup

Springer Electric Cooperative Coverage Map

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Springer Electric Cooperative State Coverage

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New Mexico3,04719,735,00023100%

Springer Electric Cooperative County Coverage

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Colfax County11,941520.17$101.98/mo
Harding County625418.53$111.69/mo
San Miguel County27,277413.80$91.25/mo
Union County4,059322.42$104.48/mo

Power Plants Owned by Springer Electric Cooperative

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Springer NM Solar 2,498No DataIcon representing missing value.No DataIcon representing missing value.No DataIcon representing missing value.No DataIcon representing missing value.

Springer Electric Cooperative Fuel Makeup

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Solar
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100.00%

Cities Springer Electric Cooperative Has Coverage

  • Folsom, NM
  • Maxwell, NM
  • Mosquero, NM
  • Raton, NM

* 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:

What cities does Springer Electric Cooperative offer service in?

Springer Electric Cooperative has customers in 4 cities throughout the country.

How much is the average bill for Springer Electric Cooperative customers each month?

Consumers of Springer Electric Cooperative pay, on average, a monthly bill of $89.65.

What percentage of Springer Electric Cooperative’s electricity is generated using nonrenewable fuel types?

Electric production plants owned by or associated with Springer Electric Cooperative produce 0% of their electricity from nonrenewable fuel types.

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

Consumers of Springer Electric Cooperative, on average, have an electricity rate 18.38 cents per kilowatt hour (¢/kWh).

Who is the CEO of Springer Electric Cooperative?

David Spradlin is the CEO of Springer Electric Cooperative.

What is the phone number for Springer Electric Cooperative?

The Springer Electric Cooperative phone number is (575) 483-2421.

What percentage of Springer Electric Cooperative’s electricity is generated from renewable fuel sources?

Electric facilities owned by or associated with Springer Electric Cooperative generate 100.00% of their electricity using renewable fuels.

How many counties does Springer Electric Cooperative have customers in to?

There are 4 counties that receive at least some electricity coverage by Springer Electric Cooperative including, New Mexico.

How many power plants are owned by or associated with Springer Electric Cooperative?

There is one power plant associated with or owned by Springer Electric Cooperative.

Last Reviewed By: Nick Reese
Published: 2021-03-16Last Updated: 2021-08-25