Vital Signs, first produced in 1985, is an annual analysis of the data reported by rural electric systems from the end of the previous calendar year.
This year's data (2003) is based on 605 RUS borrowers and 174 CFC borrowers for a total of 779 rural electric distribution systems. All data is treated confidentially and no individual data is released or published. A more extensive graphical depiction of the trends shown can be found at: http://www.cooperative.com/library/coopfacts/data/vital.htm
AMERICA'S ELECTRIC COOPERATIVE NETWORK
During 2003 electric cooperatives posted an average customer growth rate of 2.2%
HIGH CONSUMER GROWTH WIDESPREAD
The map below shows those areas where cooperatives experienced above average consumer growth (greater than 2%). Co-ops are experiencing high growth in all parts of the country, not just the fast growing regions of the Southeast and West. Retirement migration, recreation activity and the effect of metropolitan areas spreading farther and farther from their cores have brought many new consumers to co-op areas
COOPERATIVES LEAD INDUSTRV IN CONSUMER GROWTH
Rural electric distribution co-ops added over 300,000 new customers (meters) in 2003. This translates into 800,000 additional people served by cooperatives. Consumer growth of co-ops usually outpaces that of the industry as a whole and that was true again in 2003.
STRONGEST SALES GROWTH
The map below shows the co-ops that had sales growth of 3% or more. The southwest recorded its warmest year ever and suffered through severe drought from September to December. Co-ops in this area experienced high sales. The east had a relatively cool year with record precipitation.
SALES DECREASED FROM PREVIOUS YEAR
Weak sales growth and sales decreases across the country are a result of many co-ops coming off of a very high sales growth year. Many of the decreases are located in areas where temperatures returned to levels near normal and areas that dealt with cooler than normal summers.
Low electricity usage may be due to less need for air conditioning in the summer or electric heat in the winter (availability of natural gas and other fuels). Less affluent households also tend to use less electricity, as do areas with mostly seasonal sales.
AVERAGE RATES BY CUSTOMER CLASS Average co-op rates (revenue per kWh in cents) are shown below for each class of service, Residential sales comprise nearly 60% of a co-op's total sales, whereas...