Springer Electric Cooperative
Electricity Rates, Plans & Statistics
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About Springer Electric Cooperative
Springer Electric Cooperative supplies electricity in Wagon Mound in Mora County, New Mexico. Consumers of Springer Electric Cooperative spend, on average, 21.37 cents per kilowatt hour for their residential electricity, which is 44.55% more than the average New Mexico price of 14.78 cents. They partook in retail sales and the wholesale electricity market in 2023, with sales to end users totaling 218,919 megawatt hours and wholesale sales totaling 4,967 megawatt hours. The electricity generated in the company's power plants made up 2,204 of the megawatt hours sourced by the company and the purchase of wholesale electricity made up an additional 225,293 megawatt hours. Springer Electric Cooperative had $20,014,000 in 2023. Exactly $543,000 of that revenue came from wholesale electricity sales and $19,136,000 came from sales to residential electricity customers.
Customers of the supplier have an average residential electricity bill of $133.24. This is 7.07% below the national average of $143.38. Electricity production is not handled in house at the company, as they purchase power at wholesale rates to then be resold to their end users. By customer count, Springer Electric Cooperative is the 1823rd largest provider out of 3530 providers in the country. Springer Electric Cooperative generates 2,204 megawatt hours from their electricity plants, ranking them as the 37th highest producer of electricity in the state out of 30 suppliers.
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 1.59% of the electricity that they produce. This percentage of loss gives them a ranking of 195th best out of 3530 providers who report energy loss in the nation.
Springer Electric Cooperative Rate & Electric Bills
Springer Electric Cooperative residential electric rates are highest in November and the highest average bill is in August.
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
- Counties Served:
- Mora County
- Major Cities Served:
Quick Facts About Springer Electric Cooperative
Springer Electric Cooperative produces 100.00% of its total megawatt hours generated from solar energy sources, which is 1st in New Mexico out of 30 suppliers for percentage of total electricity production that comes from solar fields.
Springer Electric Cooperative produces 100.00% of their electricity from sustainable fuel sources, which ranks them 1st in the nation out of the 3530 companies we track.
Energy Loss
Springer Electric Cooperative's energy loss due to business operations.
Total Energy Loss
3,611MWh
195 National Rank
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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 | 2,788 | 21,961,742.38 | 22 | 100% |
Springer Electric Cooperative County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Mora County | 4,232 | 2 | 19.24 | $117.41/mo |
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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 $133.24, compared to the New Mexico average of $93.44 and the US of $93.44 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.
What percentage of Springer Electric Cooperative's electricity is produced using nonrenewable fuel sources?
Electric facilities owned by or associated with Springer Electric Cooperative generate 0% of their electricity from nonrenewable fuel types.
What is the phone number for Springer Electric Cooperative?
You can reach Springer Electric Cooperative by phone via (575) 483-2421.
What is the average bundled electricity rate for Springer Electric Cooperative customers?
Springer Electric Cooperative's current average bundled electricity rate is 21.37 cents per kilowatt hour (¢/kWh), compared to the average state bundled rate of 14.78 cents and the average US rate of 16.22 cents.
