Springfield TN Electric

About Springfield TN Electric

Springfield TN Electric is headquartered in Springfield, Tennessee and it serves the population there. Electricity suppliers must regularly report the total number of customers they have to government agencies. Recently the supplier reported 8,544 customers being supplied electricity by the company. Exactly 6 of these customers are industrial accounts, 1,333 are commercial customer accounts and 7,205 are residential accounts. Springfield TN Electric has an average residential electricity rate of 9.92 cents per kilowatt hour, which is 9.86% less than the state's average rate of 11.01 cents. There were a total of 270,907 megawatt hours sold to retail customers in 2020 by the provider. The electricity sourced by the provider primarily came from megawatt hours that they procured via wholesale channels. They purchased 285,943 wholesale megawatt hours. In 2020 the provider had total electricity related revenue of $25,579,800, with 99.04% from retail sales.

The nationwide average monthly residential electricity bill is $118.93, while the Springfield TN Electric average is 9.83% lower at $107.24 per month. Electricity generation is not part of the Springfield TN Electric business model, as they purchase power at wholesale rates and then resell to their customers.

Energy Loss

Providers routinely report energy lost through electricity transmission to government agencies who track electricity grid efficiencies. Springfield TN Electric recently reported a loss of 5.26% of their electricity production amount. The state average for energy loss is 2.57% and the United States average is 2.76%. This results in Springfield TN Electric getting a ranking of 57th best out of 84 electricity companies in the state and 969th best out of 3510 providers in the United States.

Springfield TN Electric Rate & Electric Bills

Springfield TN Electric residential electric rates are highest in January and the highest average bill is in February.

Historical Electric Rates:

Price Per kWHAverage Bill$0.101/kWh$0.098/kWh$122.79/mo.$107.24/mo.
508th9.92¢Springfield TN Electric's Average residential price per kWh
1381st$107.24Average monthly electric bill for Springfield TN Electric's residential customers

Springfield TN Electric Overview

  • Company Type:Municipal
  • Headquarters:1000 Central Avenue West
    Springfield, Tennessee 37172
    United States of America

Springfield TN Electric Contact

Springfield TN Electric Service

Energy Loss

Springfield TN Electric's energy loss due to business operations.

-5.26%

Total Energy Loss

15,036MWh

969 National Rank

Springfield TN Electric Coverage Map

Coverage Map Placeholder

Springfield TN Electric State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Tennessee8,54425,334,00063100%

Springfield TN Electric County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Robertson County71,813311.48$164.21/mo

Springfield TN Electric Reviews

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Springfield TN Electric FAQ:

What is the phone number for Springfield TN Electric?

You can reach Springfield TN Electric by phone via (615) 384-6770.

What is the average bundled electricity rate for Springfield TN Electric customers?

Springfield TN Electrics current average bundled electricity rate is 9.92 cents per kilowatt hour (¢/kWh), compared to the average Tennessee bundled rate of 11.01 cents and the average United States rate of 13.40 cents.

What is the average bundled bill for Springfield TN Electric customers each month?

The average monthly bundled electric bill for customers of Springfield TN Electric is $107.24. The state average bundled bill is $133.64 and the United States average is $133.64.

Last Reviewed By: Fernando García
Published: 2021-03-16Last Updated: 2022-01-06