Springer, New Mexico Electric Utility

Electricity Rates, Plans & Statistics

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About Springer, New Mexico Electric Utility

Springer, New Mexico Electric Utility is headquartered in Springer, New Mexico and it supplies electricity in the population who live there. A total of 684 customers (595 residential accounts and 89 commercial customers) receive electricity from the company. Springer, New Mexico Electric Utility's customers are billed an average residential electricity rate of 16.35 cents per kilowatt hour, which is 17.64% higher than the average New Mexico rate of 13.90 cents. In 2019 they had retail sales of 4,407 megawatt hours. The purchase of wholesale electricity made up 100.00% of the electricity sourced by the company. Their total revenue in 2019 was $777,800 and came only from electricity sales to retail customers.

The United States average monthly residential power bill is $125.95, while the Springer, New Mexico Electric Utility average is 48.71% less at $64.61 per month. Electricity generation is not part of the Springer, New Mexico Electric Utility business model, as they purchase electricity at wholesale rates and then resell to their consumers.

Springer, New Mexico Electric Utility Rate & Electric Bills

Springer, New Mexico Electric Utility residential electric rates are highest in January and the highest average bill is in May.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.185/kWh$0.164/kWh$64.61/mo.$64.46/mo.
2685th16.35¢Springer, New Mexico Electric Utility's Average residential price per kWh
137th$64.61Average monthly electricity bill for Springer, New Mexico Electric Utility's residential customers

Springer, New Mexico Electric Utility Overview

  • Company Type:Municipal
  • Headquarters:606 Colbert Avenue
    Springer, New Mexico 87747
    United States of America
  • Director/Superintendent:Fernando "Nando" Garcia

Springer, New Mexico Electric Utility Contact

Springer, New Mexico Electric Utility Service

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    Energy provider of the year for New Mexico, Mid-Sized Provider Category
    Top 3 Lowest Average Residential Monthly Bill
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    Springer, New Mexico Electric Utility Coverage Map

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    Springer, New Mexico Electric Utility State Coverage

    StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
    New Mexico684764,20038100%

    Springer, New Mexico Electric Utility County Coverage

    CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
    Colfax County12,387522.58$116.94/mo

    Springer, New Mexico Electric Utility Reviews

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    Springer, New Mexico Electric Utility FAQ:

    What is the phone number for Springer, New Mexico Electric Utility?

    You can reach Springer, New Mexico Electric Utility by phone via (575) 483-2682.

    Who is the CEO of Springer, New Mexico Electric Utility?

    Springer, New Mexico Electric Utility's current CEO is Fernando "Nando" Garcia.

    What is the average bundled bill for Springer, New Mexico Electric Utility customers each month?

    Consumers of Springer, New Mexico Electric Utility pay, on average, a monthly bundled bill of $64.61.

    What is the average bundled electricity rate for Springer, New Mexico Electric Utility customers?

    Customers of Springer, New Mexico Electric Utility, on average, have an electricity bundled rate 16.35 cents per kilowatt hour (¢/kWh).

    Last Reviewed By: Alex Zdanov
    Published: 2022-08-01