![]() Unless otherwise noted, all data is a compilation of the most recent 12 months of government released data. The provider does not have ownership in any electricity plants and all of the electricity that they sell to their customers must be purchased from other companies.ĭisclaimer: The data displayed on this page may be incomplete or incorrect. This is 14.05% lower than the Texas average bill of $ 138.53. The revenue for South Plains Electric Cooperative for 2021 from electricity sales was $ 159, 999, 400, with $ 150, 121, 200 coming from retail sales to end users and $ 2, 600 from sales to the wholesale electricity market.Ĭonsumers of the supplier pay an average monthly residential power bill of $ 120.16. ![]() Of the megawatt hours they sourced, 1, 620, 444 megawatt hours were procured on the wholesale electricity market. The company sold 34 megawatt hours in 2021 from wholesale sales. On average, South Plains Electric Cooperative's residential electricity rate is 10.25 cents per kilowatt hour, which is 20.97% lower than the state's average price of 12.97 cents and 33.54% below the nationwide average of 15.43 cents. The company recently disclosed a total of 58, 647 total customers, 12.77% of which are industrial properties, 14.40% are commercial customers and 72.83% are residential properties. South Plains Electric Cooperative is headquartered in Lubbock, Texas and provides electricity in 16 counties throughout the state.
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