Power Bill Facts

Springer Electric Coop, Inc: average electricity price and bill

Electric cooperative in New Mexico. 2,453 residential customers in 2024. EIA utility number 17826.

Annual file
Form EIA-861, 2024 final
Early release
2025, not fully edited
Monthly data
to July 2026

The average residential price of Springer Electric Coop, Inc was 21.96 cents per kilowatt-hour (kWh) in 2025. EIA early release, not fully edited

This figure is from EIA's early release. EIA has not fully edited the early release. For 2024, the newest final year, the price was 19.01 cents per kWh.

The average monthly bill of a residential customer was $96.96 in 2024, for 510 kWh each month. The New Mexico average price was 14.20 cents per kWh in 2024. The US average price was 16.48 cents per kWh in 2024.

In July 2026, the New Mexico average was 16.09 cents per kWh. EIA marks this month as preliminary. EIA has monthly figures for a sample of utilities, and Springer Electric Coop, Inc is not in the sample.

Average price of electricity to ultimate consumers represents the cost per unit of electricity sold and is calculated by dividing electric revenue from ultimate consumers by the corresponding sales of electricity.

The average price of electricity to ultimate consumers reported in this publication by sector represents a weighted average of consumer revenue and sales, and does not equal the per kWh rate charged by the electric power industry participant to the individual consumers.

EIA's words. Source: U.S. Energy Information Administration, Electric Power Monthly, Technical notes, section "Form EIA-861" (March 2024). "This publication" is the Electric Power Monthly.

In plain words: the average price is revenue divided by sales. It is not the rate on a rate schedule. The annual figures on this page are for 2024. Monthly data through .

Since the last EIA release: no tracked figure of Springer Electric Coop, Inc changed. The record of changes starts with the next release. EIA releases and changes

Price and bill beside New Mexico, the ownership type and the US

Form EIA-861, 2024

Springer Electric Coop, Inc beside its references, 2024
FigureThis utilityElectric cooperatives, US medianNew MexicoUnited States
Average residential price (cents per kWh)19.0113.7414.2016.48
Average monthly bill (dollars per month)$96.96$149.95$92.88$142.26
Average monthly use (kWh per month)5101,126654863
Change of the price in 1 year (percent)-0.4%n/a+2.5%+3.0%
Change of the price in 5 years (percent)+8.2%n/a+13.5%+26.7%

State and US figures are EIA's own averages for all customers. The ownership column is a median of utilities with 1,000 or more residential customers, from the final 2024 file.

The average monthly bill is residential revenue divided by customers and by 12 months. The use is residential sales divided by customers and by 12 months. These figures are for bundled service only.

NMUS7.4335.66

19.01 cents per kWh, Springer Electric Coop, Inc, 2024

The dial puts the 2024 price among the 2024 prices of 1,230 US utilities. 93% of them had this price or a lower price. The marks show the New Mexico average and the US average. The scale runs from 7.43 to 35.66 cents per kWh.

Sales by sector

Form EIA-861, 2024

Springer Electric Coop, Inc: customers, sales and revenue by sector, 2024
SectorCustomersSalesShare of sales percentRevenue dollarsAverage price, bundled cents per kWh
Residential2,45315 GWh82,854,00019.01
Commercial62620.9 GWh103,143,00015.03
Industrial5163.7 GWh8211,994,0007.33

Customers, sales and revenue include each service type that the utility reported. The price column uses bundled service only. Sources of energy: 208.2 GWh in total. The utility generated 1% and bought 206.1 GWh. Summer peak demand: 27 MW.

Price history

Form EIA-861, 2013 to 2025

cents per kWh051015202520132015201720192021202320252013 US average: 12.13 cents per kWh2014 US average: 12.52 cents per kWh2015 US average: 12.65 cents per kWh2016 US average: 12.55 cents per kWh2017 US average: 12.89 cents per kWh2018 US average: 12.87 cents per kWh2019 US average: 13.01 cents per kWh2020 US average: 13.15 cents per kWh2021 US average: 13.66 cents per kWh2022 US average: 15.04 cents per kWh2023 US average: 16 cents per kWh2024 US average: 16.48 cents per kWh2025 US average: 17.3 cents per kWh2013 New Mexico average: 11.68 cents per kWh2014 New Mexico average: 12.28 cents per kWh2015 New Mexico average: 12.47 cents per kWh2016 New Mexico average: 12.03 cents per kWh2017 New Mexico average: 12.88 cents per kWh2018 New Mexico average: 12.68 cents per kWh2019 New Mexico average: 12.51 cents per kWh2020 New Mexico average: 12.94 cents per kWh2021 New Mexico average: 13.52 cents per kWh2022 New Mexico average: 13.84 cents per kWh2023 New Mexico average: 13.85 cents per kWh2024 New Mexico average: 14.2 cents per kWh2025 New Mexico average: 15.08 cents per kWh2013 Springer Electric Coop, Inc: 16.33 cents per kWh2014 Springer Electric Coop, Inc: 16.41 cents per kWh2015 Springer Electric Coop, Inc: 16.44 cents per kWh2016 Springer Electric Coop, Inc: 16.4 cents per kWh2017 Springer Electric Coop, Inc: 17.95 cents per kWh2018 Springer Electric Coop, Inc: 17.8 cents per kWh2019 Springer Electric Coop, Inc: 17.57 cents per kWh2020 Springer Electric Coop, Inc: 18.38 cents per kWh2021 Springer Electric Coop, Inc: 18.36 cents per kWh2022 Springer Electric Coop, Inc: 17.98 cents per kWh2023 Springer Electric Coop, Inc: 19.09 cents per kWh2024 Springer Electric Coop, Inc: 19.01 cents per kWh2025 Springer Electric Coop, Inc: 21.96 cents per kWhcents per kWh051015202520132017202120252013 US average: 12.13 cents per kWh2014 US average: 12.52 cents per kWh2015 US average: 12.65 cents per kWh2016 US average: 12.55 cents per kWh2017 US average: 12.89 cents per kWh2018 US average: 12.87 cents per kWh2019 US average: 13.01 cents per kWh2020 US average: 13.15 cents per kWh2021 US average: 13.66 cents per kWh2022 US average: 15.04 cents per kWh2023 US average: 16 cents per kWh2024 US average: 16.48 cents per kWh2025 US average: 17.3 cents per kWh2013 New Mexico average: 11.68 cents per kWh2014 New Mexico average: 12.28 cents per kWh2015 New Mexico average: 12.47 cents per kWh2016 New Mexico average: 12.03 cents per kWh2017 New Mexico average: 12.88 cents per kWh2018 New Mexico average: 12.68 cents per kWh2019 New Mexico average: 12.51 cents per kWh2020 New Mexico average: 12.94 cents per kWh2021 New Mexico average: 13.52 cents per kWh2022 New Mexico average: 13.84 cents per kWh2023 New Mexico average: 13.85 cents per kWh2024 New Mexico average: 14.2 cents per kWh2025 New Mexico average: 15.08 cents per kWh2013 Springer Electric Coop, Inc: 16.33 cents per kWh2014 Springer Electric Coop, Inc: 16.41 cents per kWh2015 Springer Electric Coop, Inc: 16.44 cents per kWh2016 Springer Electric Coop, Inc: 16.4 cents per kWh2017 Springer Electric Coop, Inc: 17.95 cents per kWh2018 Springer Electric Coop, Inc: 17.8 cents per kWh2019 Springer Electric Coop, Inc: 17.57 cents per kWh2020 Springer Electric Coop, Inc: 18.38 cents per kWh2021 Springer Electric Coop, Inc: 18.36 cents per kWh2022 Springer Electric Coop, Inc: 17.98 cents per kWh2023 Springer Electric Coop, Inc: 19.09 cents per kWh2024 Springer Electric Coop, Inc: 19.01 cents per kWh2025 Springer Electric Coop, Inc: 21.96 cents per kWh

Springer Electric Coop, IncNew Mexico averageUS average

Cents per kWh, not adjusted for inflation. The hollow point is EIA's 2025 early release. EIA has not fully edited it.
Table of the figures by year, 2013 to 2025
Springer Electric Coop, Inc: residential figures by year
YearAverage price cents per kWhNew Mexico average cents per kWhAverage bill dollars per monthAverage use kWh per monthResidential customersSales, all sectors
2025Early release21.9615.08$107.794912,423204.6 GWh
202419.0114.20$96.965102,453199.6 GWh
202319.0913.85$96.865072,465218.9 GWh
202217.9813.84$92.365142,456226.6 GWh
202118.3613.52$89.264862,433232.3 GWh
202018.3812.94$89.654882,429228.7 GWh
201917.5712.51$86.044902,429245.8 GWh
201817.8012.68$83.444692,440255.7 GWh
201717.9512.88$82.374592,420254.6 GWh
201616.4012.03$79.754862,416263.3 GWh
201516.4412.47$79.364832,433293.5 GWh
201416.4112.28$78.934812,441314 GWh
201316.3311.68$80.434932,438305.4 GWh

EIA says that its early release is not fully edited. This site shows it for this utility only. It is in no average and in no median.

Reliability: SAIDI and SAIFI

Form EIA-861, 2024

EIA's reliability file has no SAIDI or SAIFI figure for Springer Electric Coop, Inc in 2024. EIA does not get these figures from each utility.

Generation at plants that the utility operates

Form EIA-923, 2025

  • Solar 100% 2.2 GWh

Net generation: 2.2 GWh. This is not the mix that customers get. Utilities also buy and sell power.

Counties in the service territory

Form EIA-861, 2024

The utility listed these 5 counties on Form EIA-861. A utility can serve only a part of a county on its list.

Other utilities in New Mexico

Form EIA-861, 2024

Watch or compare this utility

The watch list and the compare list stay in this browser. Feed of changes: changes in New Mexico (RSS).

Official channels

EIA's files have no website for a utility. The state utility commission and the utility have the rate schedules.

Cite this page

Power Bill Facts. Springer Electric Coop, Inc: average electricity price and bill. https://powerbillfacts.com/utility/springer-electric-coop-inc-nm-17826/ Source: U.S. Energy Information Administration, Form EIA-861 (2024, early release 2025) and Form EIA-861M. Data through . Page made .

Where the figures come from

Source: U.S. Energy Information Administration. Annual figures: Form EIA-861, final release for 2024, respondent "Springer Electric Coop, Inc", utility number 17826. The 2025 row is from EIA's early release. State and US averages: Form EIA-861M sales and revenue workbook, through July 2026. Generation by fuel: Form EIA-923, 2025 final. These are US government works in the public domain. An error in the processing of this site is corrected at the next build: report an error.

Questions about Springer Electric Coop, Inc

How does the price of Springer Electric Coop, Inc compare with other utilities?
In 2024, 93% of the 1,230 US utilities with a price had this price or a lower price. In New Mexico, 17 of the 18 other utilities with a price had a lower price.
Did the price of Springer Electric Coop, Inc change?
The average residential price was 19.09 cents per kWh in 2023 and 19.01 cents per kWh in 2024. The 2024 price was 0.08 cents per kWh lower than the 2023 price. In 2019, the price was 17.57 cents per kWh. These prices are not adjusted for inflation.
How many minutes without power did Springer Electric Coop, Inc report?
EIA's reliability file has no SAIDI or SAIFI figure for Springer Electric Coop, Inc in 2024. EIA does not get these figures from each utility.
Which counties does Springer Electric Coop, Inc serve?
Springer Electric Coop, Inc listed 5 counties in New Mexico in its service territory on Form EIA-861 for 2024. This page has the full list. A utility can serve only a part of a county.