Arrowhead Electric Cooperative
Electricity Rates, Plans & Statistics
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About Arrowhead Electric Cooperative
Presently, 4,485 customers are supplied electricity by the supplier. These customers are a mix of 89.90% residential customers and 10.10% commercial customer accounts. On average, Arrowhead Electric Cooperative's residential electricity rate is 14.80 cents per kilowatt hour. This is, luckily for their customers, 1.91% lower than Minnesota's average price of 15.09 cents, ranking the provider at 145th best for average electricity price out of 175 companies in the state. The company had sales of 75,135 megawatt hours in 2019 sold to end users. The electricity sourced by the company is made up primarily of megawatt hours they procured by way of wholesale channels. This category makes up 100.00% of the total electricity sourced by the company. The revenue for Arrowhead Electric Cooperative in 2019 from electricity sales was $10,387,800, with $10,237,800 coming from retail sales to end users.
Patrons of the supplier pay an average monthly residential electricity bill of $144.58. This is 8.96% more than the nationwide average of $132.69. The company currently does not produce any of the electricity that they sell. Instead, they must purchase that electricity at wholesale rates from other companies and then resell it at a higher rate to end users.
Customers of Arrowhead Electric Cooperative can take advantage of net metering solutions, which is a positive for both parties. Without net metering, solar panel installation is significantly less economically realistic, as citizens have no way to sell extra energy back into the infrastructure system.
Arrowhead Electric Cooperative Rate & Electric Bills
Arrowhead Electric Cooperative residential electric rates are highest in January and the highest average bill is in May.
Historical Electricity Rates:
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Arrowhead Electric Cooperative Overview
- Company Type:Cooperative
- Headquarters:5401 West Highway 61
Lutsen, Minnesota 55612
United States of America - CEO:John Twiest
Arrowhead Electric Cooperative Contact
- Website:www.arrowheadcoop.com
- Customer Service Phone:(218) 663-7239
- Contact Page:www.arrowheadcoop.com
Arrowhead Electric Cooperative Service
- Rates & Plans:www.arrowheadcoop.com
- Outage Phone: (800) 864-3744
- States Served:
- Minnesota
- Counties Served:
- Lake County
- Cook County
- Major Cities Served:
- Table Of Contents:
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Arrowhead Electric Cooperative Coverage Map
Arrowhead Electric Cooperative State Coverage
State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
---|---|---|---|---|
Minnesota | 4,485 | 10,354,900 | 75 | 100% |
Arrowhead Electric Cooperative County Coverage
County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
---|---|---|---|---|
Cook County | 5,574 | 2 | 14.79 | $144.40/mo |
Lake County | 10,835 | 5 | 14.65 | $133.36/mo |
Arrowhead Electric Cooperative Reviews
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Arrowhead Electric Cooperative FAQ:
What is the average bundled electricity rate for Arrowhead Electric Cooperative customers?
Customers of Arrowhead Electric Cooperative, on average, have an electricity bundled rate 14.80 cents per kilowatt hour (¢/kWh).
What is the phone number for Arrowhead Electric Cooperative?
Arrowhead Electric Cooperative's customer service phone number is (218) 663-7239
How much is the average bundled bill for Arrowhead Electric Cooperative customers each month?
Customers of Arrowhead Electric Cooperative pay, on average, a monthly bundled bill of $144.58.
Who is the CEO of Arrowhead Electric Cooperative?
The CEO of Arrowhead Electric Cooperative is John Twiest.
How many counties does Arrowhead Electric Cooperative have customers in to?
There are 2 counties that receive at least some electricity coverage by Arrowhead Electric Cooperative.