Electricity Rates, Plans & Statistics
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About Southside Electric Cooperative
Southside Electric Cooperative is an electric cooperative. The largest city served by the provider is Petersburg, but the company also supplies electricity to 12 cities in Virginia. Electricity providers must regularly report the total number of customers signed on for their services to government agencies. In the most recent report the company reported 58,423 customers receiving their services. Around 95.77% of these are residential accounts, 4.20% are commercial accounts and 0.03% are industrial properties. Southside Electric Cooperative charges their consumers a residential electricity price of 15.98 cents per kilowatt hour on average . This is above both the Virginia and United States average rates of 14.18 and 15.73 cents per kilowatt hour, respectively. There were a total of 943,644 megawatt hours sold via retail sales in 2022 by the provider. Wholesale power purchases made up 100.00% of all electricity sourced and 1,018,491 megawatt hours were acquired on wholesale channels. Their total revenue for 2022 was $133,036,000 and was earned only from electricity sales to retail customers.
The national average monthly residential electric bill is $135.39, while the Southside Electric Cooperative average is 24.66% higher at $168.78 per month. Southside Electric Cooperative is the 2603rd ranked company in the nation for average monthly bill total. The company currently does not produce their own electricity. Instead, they must purchase that electricity at wholesale rates and then resell it at a higher rate to end users.
Southside Electric Cooperative Net Metering
Luckily, Southside Electric Cooperative offers net metering choices to consumers. Without net metering, solar panel installation is significantly less attractive economically, as consumers have no way to sell extra electricity back into the grid.
Energy Loss
Energy loss is a fact of life when working with electricity transmission. Southside Electric Cooperative currently averages a loss of around 7.13% of the total electricity they produce. These averages allow us to compare and contrast the grid efficiencies of the providers who operate around the United States. Southside Electric Cooperative has received a rank of 19th best out of 31 providers who report energy loss in Virginia.
Southside Electric Cooperative Rate & Electric Bills
Southside Electric Cooperative residential electric rates are highest in May and the highest average bill is in July.
Historical Electricity Rates:
2324th15.98¢Southside Electric Cooperative's Average residential price per kWh
2603rd$168.78Average monthly electricity bill for Southside Electric Cooperative's residential customers
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Southside Electric Cooperative Overview
- Company Type:Cooperative
- Headquarters:2000 West Virginia Avenue
Crewe, Virginia 23930
United States of America - CEO:Jeffrey S. Edwards
Southside Electric Cooperative Contact
- Website:www.sec.coop
- Customer Service Phone:(800) 552-2118
- Contact Page:www.sec.coop
- Social Media:
Southside Electric Cooperative Service
- Rates & Plans:www.sec.coop
- Outage Map:outage.sec.coop:8181
- Outage Phone:(866) 878-5514
- States Served:
- Virginia
- Counties Served:
- Chesterfield County
- Bedford County
- Pittsylvania County
- Campbell County
- Petersburg city
- Major Cities Served:
- Petersburg
- South Hill
- Blackstone
- Altavista
- North Shore CDP
- Crewe
- Victoria
- Hampden-Sydney CDP
- Hurt
- Kenbridge
Energy Loss
Southside Electric Cooperative's energy loss due to business operations.
-7.13%
Total Energy Loss
72,577MWh
1260National Rank
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Southside Electric Cooperative Coverage Map
Southside Electric Cooperative State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| Virginia | 58,423 | 132,968,365.36 | 7 | 100% |
1 states with service
Southside Electric Cooperative County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Amelia County | 13,220 | 4 | 14.76 | $150.68/mo |
| Appomattox County | 16,039 | 5 | 14.71 | $156.56/mo |
| Bedford County | 80,848 | 6 | 16.01 | $168.02/mo |
| Brunswick County | 16,044 | 5 | 14.76 | $146.55/mo |
| Campbell County | 55,656 | 5 | 14.95 | $152.93/mo |
| Charlotte County | 11,605 | 5 | 14.64 | $147.41/mo |
| Chesterfield County | 378,408 | 4 | 13.95 | $137.66/mo |
| Cumberland County | 9,669 | 5 | 14.38 | $148.43/mo |
| Dinwiddie County | 28,040 | 5 | 14.62 | $150.00/mo |
| Lunenburg County | 11,982 | 5 | 14.74 | $149.50/mo |
17 counties with coverage
Cities Southside Electric Cooperative Has Coverage
- Alberta, VA
- Altavista, VA
- Blackstone, VA
- Brookneal, VA
- Charlotte Court House, VA
- Crewe, VA
- Hurt, VA
- Kenbridge, VA
- Petersburg, VA
- Phenix, VA
- South Hill, VA
- Victoria, VA
* City coverage generated based on government data. Always verify you can get service from the provider.
Southside Electric Cooperative Reviews
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Southside Electric Cooperative FAQ:
How many counties does Southside Electric Cooperative have customers in to?
Southside Electric Cooperative supplies electricity to customers in 17 counties.
How much is the average bundled bill for Southside Electric Cooperative customers each month?
The average monthly bundled electric bill for customers of Southside Electric Cooperative is $168.78. The state average bundled bill is $142.07 and the nationwide average is $142.07.
What is the phone number for Southside Electric Cooperative?
The Southside Electric Cooperative phone number is (800) 552-2118.
What is the average bundled electricity rate for Southside Electric Cooperative customers?
Southside Electric Cooperative's current average bundled electricity rate is 15.98 cents per kilowatt hour (¢/kWh), compared to the average state bundled rate of 14.18 cents and the average national rate of 15.73 cents.
Who is the CEO of Southside Electric Cooperative?
Southside Electric Cooperative's CEO is Jeffrey S. Edwards.
What cities does Southside Electric Cooperative offer service in?
Southside Electric Cooperative supplies to 12 cities in the country including Virginia.
Last Reviewed By: Fernando García
Published: 2024-06-24
