Valley Electric Association

About Valley Electric Association

Electricity companies must regularly report the total number of customers signed up for their services to government agencies. Recently the provider reported 25,180 customers signed on to receive electricity from the company. About 89.34% of these are residential accounts, 9.80% are commercial customer accounts and 0.86% are industrial properties. The residential electricity price for patrons of Valley Electric Association is, on average, 15.48 cents per kilowatt hour, which is 4.56% less than the nationwide average price of 16.22 cents. There were a total of 558,515 megawatt hours sold to retail consumers in 2023 by the supplier. The megawatt hours sourced by the company primarily came from megawatt hours that they procured on the wholesale electricity market. They purchased 605,664 on the wholesale market. In 2023, the supplier earned a total of $91,040,900 from retail electricity sales.

The average monthly residential electricity bill for a customer of Valley Electric Association is $194.66 per month. Customers of the company pay 35.77% more compared to other citizens of the US. Consumers of the supplier experience 0.74 electrical outages on average each year, with outages lasting about 41.37 minutes on average. The national averages for outages and duration are 1.44 outages at 123.49 minutes each. The company does not have ownership in any electricity generation plants and all of the electricity that they sell to their consumers must be purchased wholesale from other companies.