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.
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:
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's energy loss due to business operations.
Total Energy Loss
969 National Rank
Springfield TN Electric Coverage Map
Springfield TN Electric State Coverage
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Springfield TN Electric County Coverage
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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.