Springer Electric Coop, Inc Electricity Rate per kWh (2024 EIA Data)

Springer Electric Coop, Inc is a member-owned cooperative electric utility that reports to the U.S. Energy Information Administration under utility number 17826. In 2024 it served 2,453 bundled residential customers in New Mexico, and its average realised residential price was 19.01 cents per kWh: $2.9 million of residential revenue divided by 15,017 MWh of residential sales.

Across the other sectors, Springer Electric Coop, Inc's 2024 average prices were 15.03 cents for commercial customers (626 accounts) and 7.33 cents for industrial customers (5 accounts). Industrial customers paid 11.68 cents less per kWh than households, a 61% discount that is typical of high-volume, high-voltage service.

Within New Mexico, Springer Electric Coop, Inc ranked number 16 of 21 utilities with bundled or delivery service by residential accounts served (2,453) and accounted for 0.20% of the state's residential electricity sales in 2024, measured in MWh sold or delivered rather than in customers. The state-wide average realised residential price in 2024, computed from the same EIA file, was 14.20 cents per kWh, so Springer Electric Coop, Inc's customers paid 4.81 cents above the New Mexico average (+33.9%). For context, EIA's latest monthly figure for New Mexico is 15.06 cents per kWh (June 2026, Electric Power Monthly); that is a different, more recent measure across all utilities and is not directly comparable with a 2024 annual average.

EIA's service-territory file places Springer Electric Coop, Inc in 5 New Mexico counties: Colfax, Harding, Mora, San Miguel, and Union. On the grid side it operates in the WECC NERC region, and reported distribution as its activities. Balancing authority code: PNM.

EIA's preliminary 2025 early release (published 4 August 2026) shows a residential price of 21.96 cents per kWh for Springer Electric Coop, Inc in New Mexico across 2,423 residential customers, 2.95 cents higher than the 2024 final figure. Early-release data has not been validated by EIA and must not be aggregated; the 2024 final figures remain the reference on this page until the 2025 final file is published.

The nearest other utilities in New Mexico by service-territory centroid are Southwestern Electric Coop Inc (NM) (53.6 miles away, 24.09 cents), Kit Carson Electric Coop, Inc (80.6 miles away, 18.18 cents), Farmers Electric Coop, Inc (NM) (90.4 miles away, 12.87 cents), Los Alamos County (111.1 miles away, 14.15 cents), and Central New Mexico El Coop, Inc (125.5 miles away, 17.16 cents).