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 11,373 customers (93.73% residential customers, 6.17% commercial customers and 0.10% industrial accounts) are provided electricity by the company. The average residential electricity rate for customers of Washington Electric Coop is around 30.01 cents per kilowatt hour, which is 36.22% above Vermont's average price of 22.03 cents. In 2023 the company sold 94.42% 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 2,321 megawatt hours produced by power facilities owned by the company and 76,891 megawatt hours purchased by way of wholesale channels. In 2023, the supplier had revenue of $20,247,000 from retail electricity sales to end users.

The average residential electricity bill for a consumer of Washington Electric Coop is $170.8 per month, while the state average is $127.85. Consumers of the supplier have a 29.96% markup compared to the rest of the state. Washington Electric Coop produces 54,176 megawatt hours from their production plants, which ranks them as the 407th highest producer of electricity of all 3530 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.