Springfield Utility Company

About Springfield Utility Company

The most recent data reported by the company showed a customer count of 928 customer accounts, 741 of which are residential properties, 169 are commercial customers and 18 are industrial properties. On average, Springfield Utility Company charges their patrons a residential electricity rate of 16.03 cents per kilowatt hour, which is 26.34% more than Colorado's average price of 12.69 cents. This makes the provider 53rd best for average electricity price out of 65 suppliers in Colorado. They sold 10,385 megawatt hours through retail sales in 2019. Wholesale power purchases made up 100.00% of the total electricity sourced . Exactly 10,385 megawatt hours were purchased by way of wholesale channels. The total revenue for Springfield Utility Company in 2019 from electricity sales was $1,626,000, with 100.00% coming from retail sales to end users.

The average residential power bill for a customer of Springfield Utility Company is $103.49 per month. The provider currently does not generate their own electricity. Instead, they must purchase that electricity at wholesale rates and then resell it at a higher rate to end customers.

Springfield Utility Company Rate & Electric Bills

Springfield Utility Company residential electric rates are highest in January and the highest average bill is in July.

Historical Electric Rates:

Price Per kWHAverage Bill$0.160/kWh$0.160/kWh$103.49/mo.$101.55/mo.
2687th16.03¢Springfield Utility Company's Average residential price per kWh
1256th$103.49Average monthly electric bill for Springfield Utility Company's residential customers

Springfield Utility Company Overview

  • Company Type:Municipal
  • Headquarters:748 Main Street
    Springfield, Colorado 81073
    United States of America
  • CEO:Tyler K Gibson

Springfield Utility Company Contact

Springfield Utility Company Service

    Springfield Utility Company Coverage Map

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    Springfield Utility Company State Coverage

    StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
    Colorado9281,657,00052100%

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    Springfield Utility Company FAQ:

    What is the phone number for Springfield Utility Company?

    The Springfield Utility Company phone number is (719) 523-4528.

    How much is the average bundled bill for Springfield Utility Company customers each month?

    The average monthly bundled electric bill for customers of Springfield Utility Company is $103.49. The state average bundled bill is $93.12 and the US average is $93.12.

    Who is the CEO of Springfield Utility Company?

    The current CEO of Springfield Utility Company is Tyler K Gibson.

    What is the average bundled electricity rate for Springfield Utility Company customers?

    Customers of Springfield Utility Company, on average, have an electricity bundled rate 16.03 cents per kilowatt hour (¢/kWh).

    Last Reviewed By: Nick Reese
    Published: 2021-03-16Last Updated: 2022-01-06