Swisher Electric Cooperative

About Swisher Electric Cooperative

Swisher Electric Cooperative provides electricity for 6 counties in Texas such as the counties of Randall County, Hale County, Castro County, Swisher County, and Armstrong County. The company is an electricity cooperative. With 8,522 total consumers, the provider supplies electricity to 4,705 industrial locations, 405 commercial locations and 3,412 residential customer accounts. Swisher Electric Cooperative charges their patrons a residential electricity rate of 13.88 cents per kilowatt hour on average. This is 14.44% below the US average rate of 16.22 cents, which ranks the supplier 1468th out of 2885 suppliers in the nation for lowest average electricity price. The provider sold 170,397 megawatt hours by way of retail sales in 2019. The electricity sourced by the supplier primarily came from megawatt hours that they procured on the wholesale electricity market. They purchased 191,754 wholesale megawatt hours. The revenue for Swisher Electric Cooperative for 2019 from electricity sales was $17,724,500, with $16,697,800 from retail sales to end users.

The average monthly residential power bill for a consumer of Swisher Electric Cooperative is $85.08 per month. Customers of the company pay 62.45% less compared to the rest of the state. The supplier does not have ownership in any electricity generation facilities and all of the megawatt hours that they sell to their consumers must be purchased wholesale from other providers.