ALLETE

About ALLETE

ALLETE is headquartered in Duluth, Minnesota and supplies electricity in 2 states within the country This service territory also includes 105 cities within these states. Currently, 167,681 customers are provided electricity by the supplier. These customers are a mix of 82.66% residential properties, 17.02% commercial customers and 0.31% industrial locations. The average residential electricity price for ALLETE is about 14.58 cents per kilowatt hour, which is 6.12% lower than the nationwide average of 15.53 cents. The company sold 9,254,061 megawatt hours in 2022 via retail accounts. The electricity generated in the company's power plants made up 48.57% of the electricity sourced by the company. The purchase of wholesale electricity made up an additional 50.78%. In 2022, the company made $938,669,900 from retail electricity sales and $273,985,800 via sales via wholesale channels. Their total revenue from all electricity activities was $1,297,820,800.

Consumers of the supplier have an average monthly residential electricity bill of $94.95. This is 29.86% below the nationwide average bill of $135.37. There are 4,575,178.46 megawatt hours produced by the company from the burning of coal. Dams and other hydroelectric facilities owned by the electricity provider produce 557,350 megawatt hours, ranking the supplier as the 47th largest producer of hydroelectric power in the nation out of 3518 providers. ALLETE is the 109th largest provider out of 3518 electricity companies in the US based on megawatt hours sold.