Lake County, MN: 5 Electric Providers

Lake County, Minnesota Electricity Rates & Statistics

Electricity Rates, Plans & Statistics

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Lake County, Minnesota Electricity Overview

Residents of Lake County are paying, on average, 8.50% less per kilowatt hour at home than the nationwide average price, at 14.66 cents per kilowatt hour compared to 16.02 cents per kilowatt hour.

The largest electricity supplier in Lake County by megawatt hours sold is Minnesota Power.

There was a 0.50% drop in CO2 emissions per capita within the preceding year in Lake County.

The use of renewable fuel sources for electricity production in Lake County rose by 57.68% last year.

Customers in the county use around 832.46% of the total amount of the electricity that the county produces.

Lake County generates 100.00% of its electricity from renewable fuel types, or 1.4 megawatt hours per citizen a year.

ENERGY CONSUMPTION

  • Total Consumption

    125,984 MWh

  • Consumption per Capita

    11.63 MWh

ENERGY PRODUCTION

  • Total Production

    15,134 MWh

  • Production from Renewable Energy

    15,134 MWh

  • Production per Capita

    1.4 MWh

EMISSIONS

  • CO2 Emissions

    39,296,821 kg

  • CO2 Emissions per Capita

    3,626.84 kg

Recent Energy News in Silver Bay

To see recent electricity news for cities in Lake County, select the city, year, and month you want to see news for below.

Top Headlines

Residential Electricity Prices

Commercial Electricity Prices

Industrial Electricity Prices

Electricity Production from Natural Gas

Electricity Production from Distillate Fuel Oil

Electricity Production from Coal

Electricity Production from All Fuel Types

Silver Bay Electricity Pricing Data

Average Residential Electricity Rate for February, 2024

15.83¢ per kWh

  • 0.44% lower than last month
  • 18.08% higher than February last year
  • 6.91% higher than the Minnesota average
  • 2.87% lower than the US average
  • 323rd in the state out of 630 cities
  • The state rank has increased by 7 since last month
  • The state rank has dropped by 80 since February last year
  • 15,934th in the US out of 26,964 cities
  • The national rank has increased by 1,106 since last month
  • The national rank has dropped by 7,580 since February last year

12 Month Rolling Average Residential Rate

14.52¢ per kWh

  • 1.41% higher than last month
  • 0.47% lower than February last year
  • 2.03% lower than the Minnesota average
  • 14.28% lower than the US average
  • 269th in the state out of 630 cities
  • The state rank has dropped by 7 since last month
  • The state rank has increased by 4 since February last year
  • 11,677th in the US out of 26,964 cities
  • The national rank has dropped by 1,113 since last month
  • The national rank has increased by 1,147 since February last year

Average Residential Electricity Bill for February, 2024

$110.62 per month

  • 18.81% lower than last month
  • 8.82% higher than February last year
  • 11.77% higher than the Minnesota average
  • 11.76% lower than the US average
  • 572nd in the state out of 630 cities
  • The state rank has increased by 19 since last month
  • The state rank has dropped by 149 since February last year
  • 9,241st in the US out of 26,964 cities
  • The national rank has dropped by 36 since last month
  • The national rank has dropped by 3,608 since February last year

12 Month Rolling Average Residential Bill

$96.24 per month

  • 0.78% higher than last month
  • 2.52% lower than February last year
  • 6.69% lower than the Minnesota average
  • 27.38% lower than the US average
  • 99th in the state out of 630 cities
  • The state rank is the same since last month
  • The state rank has increased by 288 since February last year
  • 2,354th in the US out of 26,964 cities
  • The national rank has dropped by 11 since last month
  • The national rank has increased by 394 since February last year

Average Commercial Electricity Rate for February, 2024

14.7¢ per kWh

  • 0.66% lower than last month
  • 12.84% higher than February last year
  • 24.59% higher than the Minnesota average
  • 7.94% higher than the US average
  • 629th in the state out of 630 cities
  • The state rank is the same since last month
  • The state rank has dropped by 3 since February last year
  • 20,826th in the US out of 26,992 cities
  • The national rank has increased by 87 since last month
  • The national rank has dropped by 5,806 since February last year

12 Month Rolling Average Commercial Rate

13.94¢ per kWh

  • 1.01% higher than last month
  • 3.78% higher than February last year
  • 12.96% higher than the Minnesota average
  • 1.28% lower than the US average
  • 626th in the state out of 630 cities
  • The state rank is the same since last month
  • The state rank is the same since February last year
  • 18,524th in the US out of 26,992 cities
  • The national rank has dropped by 969 since last month
  • The national rank has dropped by 939 since February last year

Average Commercial Electricity Bill for February, 2024

$572.06 per month

  • 9.97% lower than last month
  • 6.97% higher than February last year
  • 16.68% lower than the Minnesota average
  • 65.81% lower than the US average
  • 156th in the state out of 630 cities
  • The state rank has increased by 1 since last month
  • The state rank has increased by 4 since February last year
  • 15,655th in the US out of 26,992 cities
  • The national rank has dropped by 118 since last month
  • The national rank has dropped by 1,538 since February last year

12 Month Rolling Average Commercial Bill

$565.81 per month

  • 0.55% higher than last month
  • 0.52% higher than February last year
  • 27.18% lower than the Minnesota average
  • 65.55% lower than the US average
  • 150th in the state out of 630 cities
  • The state rank has increased by 1 since last month
  • The state rank has increased by 9 since February last year
  • 13,574th in the US out of 26,992 cities
  • The national rank has dropped by 7 since last month
  • The national rank has dropped by 40 since February last year

Average Industrial Electricity Rate for February, 2024

9.07¢ per kWh

  • 7.15% lower than last month
  • 1.92% higher than February last year
  • 1.42% lower than the Minnesota average
  • 7.97% lower than the US average
  • 298th in the state out of 629 cities
  • The state rank has increased by 313 since last month
  • The state rank has dropped by 7 since February last year
  • 16,675th in the US out of 26,382 cities
  • The national rank has increased by 3,015 since last month
  • The national rank has dropped by 95 since February last year

12 Month Rolling Average Industrial Rate

8.75¢ per kWh

  • 0.16% higher than last month
  • 0.88% lower than February last year
  • 5.99% lower than the Minnesota average
  • 14.21% lower than the US average
  • 275th in the state out of 629 cities
  • The state rank has increased by 12 since last month
  • The state rank has increased by 10 since February last year
  • 17,299th in the US out of 26,382 cities
  • The national rank has dropped by 535 since last month
  • The national rank has dropped by 4,116 since February last year

Average Industrial Electricity Bill for February, 2024

$110,071.07 per month

  • 10.7% lower than last month
  • 3.59% higher than February last year
  • 40.22% lower than the Minnesota average
  • 259.06% higher than the US average
  • 488th in the state out of 629 cities
  • The state rank has dropped by 89 since last month
  • The state rank is the same since February last year
  • 24,721st in the US out of 26,382 cities
  • The national rank has increased by 426 since last month
  • The national rank has dropped by 18 since February last year

12 Month Rolling Average Industrial Bill

$112,710.78 per month

  • 0.28% higher than last month
  • 3.36% lower than February last year
  • 40.44% lower than the Minnesota average
  • 230.64% higher than the US average
  • 198th in the state out of 629 cities
  • The state rank has dropped by 82 since last month
  • The state rank has increased by 8 since February last year
  • 24,298th in the US out of 26,382 cities
  • The national rank has dropped by 83 since last month
  • The national rank has dropped by 38 since February last year

Two Harbors, MN Electricity Overview

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The average residential electricity rate for Two Harbors is about 15.54 cents per kilowatt hour. Regrettably, this is 5.35% above Minnesota's average rate of 14.75 cents, ranking the city at 574th best for average electricity rate out of 915 cities in the state. The national average monthly residential electricity bill is $138.3, while the Two Harbors average is 41.39% lower at $81.06 per month. The largest electricity supplier in the city based on megawatt hours sold is Two Harbors, Minnesota Electric Utility.

Emissions in Two Harbors average 4,122 kilograms of CO2 emissions per person from electricity use, making them the 404th worst polluting city out of 915 cities in the state based on emissions per capita. At 4,122 kilograms per person and 3,616 people in the city, the city emits 14,905,163.46 kilograms of CO2 emissions each year. This is the 186th worst rank in the state for total emissions. All of the 42,044.97 megawatt hours of electricity consumed in Two Harbors must be sourced from neighboring cities or counties as there are no power facilities in the city.

Average Residential Electricity Bills & Rates in Two Harbors

Two Harbors residential electric rates are highest in January and the highest average bill is in April.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.177/kWh$0.155/kWh$88.78/mo.$78.47/mo.
574th15.54¢Average residential price per kWh in the city of Two Harbors
18th$81.06Average residential monthly electricity bill for Two Harbors Residents

Electric Companies With Service in Two Harbors, Minnesota

ProviderService TypeResidential Rate (¢)Residential Average Bill ($)City Production (MWh)Residential Sales (MWh)Residential Revenues ($)
Two Harbors, Minnesota Electric UtilityBUNDLED15.5481.0610,486.421,629,308.9

Silver Bay, MN Electricity Overview

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The average residential electricity rate for Silver Bay is about 14.54 cents per kilowatt hour. Luckily, this is 1.44% below Minnesota's average rate of 14.75 cents, ranking the city at 395th best for average electricity rate out of 915 cities in the state. The national average monthly residential electricity bill is $138.3, while the Silver Bay average is 30.42% lower at $96.22 per month. The largest electricity supplier in the city based on megawatt hours sold is Minnesota Power.

Emissions in Silver Bay average 4,122 kilograms of CO2 emissions per person from electricity use, making them the 58th worst polluting city out of 915 cities in the state based on emissions per capita. At 4,122 kilograms per person and 1,603 people in the city, the city emits 6,607,571.08 kilograms of CO2 emissions each year. This is the 284th worst rank in the state for total emissions. All of the 18,638.85 megawatt hours of electricity consumed in Silver Bay must be sourced from neighboring cities or counties as there are no power facilities in the city.

Average Residential Electricity Bills & Rates in Silver Bay

Silver Bay residential electric rates are highest in January and the highest average bill is in April.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.162/kWh$0.070/kWh$136.25/mo.$46.58/mo.
395th14.54¢Average residential price per kWh in the city of Silver Bay
62nd$96.22Average residential monthly electricity bill for Silver Bay Residents

Electric Companies With Service in Silver Bay, Minnesota

ProviderService TypeResidential Rate (¢)Residential Average Bill ($)City Production (MWh)Residential Sales (MWh)Residential Revenues ($)
Minnesota PowerBUNDLED14.5496.22997,625.02145,011,477

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Finland CDP, MN Electricity Overview

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The average residential electricity rate for Finland CDP is about 14.15 cents per kilowatt hour. Luckily, this is 4.06% below Minnesota's average rate of 14.75 cents, ranking the city at 365th best for average electricity rate out of 915 cities in the state. Finland CDP has the 725th largest population in the state, with 166 residents . Cooperative Light & Power is the largest vendor in the city based on megawatt hours sold.

Emissions in Finland CDP average 4,122 kilograms of CO2 emissions per person from electricity use, making them the 58th worst polluting city out of 915 cities in the state based on emissions per capita. At 4,122 kilograms per person and 166 people in the city, the city emits 684,252.53 kilograms of CO2 emissions each year. This is the 708th worst rank in the state for total emissions. All of the 1,930.16 megawatt hours of electricity consumed in Finland CDP must be sourced from neighboring cities or counties as there are no power facilities in the city.

Average Residential Electricity Bills & Rates in Finland CDP

Finland CDP residential electric rates are highest in January and the highest average bill is in June.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.143/kWh$0.135/kWh$126.79/mo.$114.92/mo.
365th14.15¢Average residential price per kWh in the city of Finland CDP
682nd$126.79Average residential monthly electricity bill for Finland CDP Residents

Electric Companies With Service in Finland CDP, Minnesota

ProviderService TypeResidential Rate (¢)Residential Average Bill ($)City Production (MWh)Residential Sales (MWh)Residential Revenues ($)
Cooperative Light & PowerBUNDLED14.15126.7962,614.368,859,583.47

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Electricity Production in Lake County, Minnesota

Power Plants in Lake County, Minnesota

PlantCity/CountyStatePrimary Fuel TypeProduction (MWh)Emission (kg)Emissions per MWhToxic Chemical ReleaseClosing Date
Lake County MN Conventional Hydroelectric 15,134

Lake County, Minnesota Details

Power Plant Fuel Types, Emissions & Pollution Factors

Emissions in Lake County average 3,626.84 kilograms of CO2 emissions per person from electricity consumption, making them the 2156th highest polluting county based on emissions per capita. At 3,626.84 kilograms per person and 10,835 residents in the county, the county emits 39,296,821.44 kilograms of CO2 emissions. There is one electricity plant in the county. Lake County's main fuel consumed for electricity production is Conventional Hydroelectric. They generate 15,134 megawatt hours, or 100.00% of the total generation in the county, from this fuel source.

CONVENTIONAL HYDROELECTRIC
Conventional Hydroelectric
Conventional Hydroelectric
Conventional Hydroelectric
Conventional Hydroelectric
Conventional Hydroelectric
Conventional Hydroelectric
Conventional Hydroelectric
Conventional Hydroelectric
Conventional Hydroelectric
Conventional Hydroelectric
100.00%

Lake County, Minnesota Net Metering

There are 5 companies in Lake County providing electricity. Of those 5, 100.00% of them offer some type of net metering option for their customers, making solar panels and alternative electric sources more economically feasible. The state has highly favorable net metering and feed in tariffs that make solar and other alternative types of electricity generation more realistic.

Energy Loss

Energy loss in Lake County averages out to about 4.24% of the total electricity transmitted by the 2 companies that operate in the county and also report energy loss. The United States average is 2.87%, resulting in Lake County receiving a rank of 1047th best in the US for energy loss efficiency.

Providers In Each City in Lake County:

  • Beaver Bay, Minnesota:
    • Cooperative Light & Power: 100.00%
  • Silver Bay, Minnesota:
    • Minnesota Power: 100.00%
  • Two Harbors, Minnesota:
    • Two Harbors, Minnesota Electric Utility: 100.00%

* City coverage generated based on government data. Always verify you can get service from the provider.

FAQ

Which electricity company is the largest provider in Lake County, Minnesota?

The largest electricity supplier in Lake County, Minnesota by total revenue is Minnesota Power.

What electricity companies offer service in Lake County, Minnesota?

How many electric companies offer service in Lake County, Minnesota?

Lake County, Minnesota is home to 5 electricity suppliers operating in the area.

How many power plants are within Lake County, Minnesota?

There is one active electricity plant in Lake County, Minnesota

King Manalo
Last Reviewed By: King Manalo
Published: 2024-05-14