Springer Electric Coop, Inc late fee
New Mexico · Cooperative
Springer Electric Coop, Inc charges 10% for a residential electric bill paid late.
- Percentage fee
- 10% of the past-due balance
- Can disconnect
- Yes, for non-payment
- Percentile
- Higher than 82% of US utilities that charge a percentage fee
- Residential customers
- 2,453
Disconnections in 2024
- Disconnections
- 87 for non-payment
- Rate
- 3.78 per 100 residential customers
- Final notices
- 592
- Reconnections
- 64
Counts are disconnection events, not households. Source: US Energy Information Administration, Form EIA-112. See how this compares.
10% late penalty (harvested from springercoop.com).