Washington Electric Coop

About Washington Electric Coop

Washington Electric Coop supplies electricity for 3 cities in the state. The company is an electric cooperative. A total of 11,921 customers (94.21% residential customers, 5.68% commercial customers and 0.11% industrial accounts) are provided electricity by the company. The average residential electricity rate for customers of Washington Electric Coop is around 24.45 cents per kilowatt hour, which is 21.23% above Vermont's average price of 20.17 cents. In 2022 the company sold 94.83% of their disposition via normal retail sales to end users. The electricity sourced by the company is made up of multiple sources of megawatt hours including 641 megawatt hours produced by power facilities owned by the company and 77,646 megawatt hours purchased by way of wholesale channels. In 2022, the supplier had revenue of $17,384,000 from retail electricity sales to end users.

The average residential electricity bill for a consumer of Washington Electric Coop is $115.3 per month, while the state average is $111.93. Consumers of the supplier have a 2.53% markup compared to the rest of the state. Washington Electric Coop produces 55,482 megawatt hours from their production plants, which ranks them as the 400th highest producer of electricity of all 3510 electricity suppliers in the country. Electricity generation is not handled in house at the company, as they purchase power at wholesale rates from other providers and then resell to their consumers. The supplier is the 9th largest producer of hydroelectric power in Vermont out of 17 suppliers.