Benco Electric Cooperative
Benco Electric Cooperative serves 8 counties in Minnesota and is classified as an electric cooperative. There are 17,454 residential customer accounts, 1,517 commercial accounts and 5 industrial customer accounts receiving electricity from the supplier. Benco Electric Cooperative's average residential electricity rate per kilowatt hour is 13.88 cents per kilowatt hour, resulting in the company ranking 45th out of 44 suppliers in Minnesota and 1258th out of 3511 in the nation for average electricity price. Roughly 341,043 megawatt hours were sold by the supplier to retail accounts in 2020. The electricity sourced by Benco Electric Cooperative is made up of primarily wholesale purchased megawatt hours, with 359,566 procured by the company. The company earned $44,474,000 in 2020. All of that revenue came through retail sales alone.
About Benco Electric Cooperative
The average monthly residential electricity bill for a customer of Benco Electric Cooperative is $145.8 per month. Customers of the provider pay 34.41% more compared to the rest of the state. Encouragingly, the company has experienced a decrease in CO2 emissions of 19,057,973.22 kilograms (11.23%). The power grid operated by the supplier experiences an average of 1.17 outages per customer per year, with outages lasting on average 113.72 minutes. The US average for other providers is 1.21 outages per customer and 122.99 minutes per outage. The supplier currently does not produce any of the electricity that they sell. Instead, they must purchase that electricity at wholesale rates and then resell it at a higher rate to end consumers.
Benco Electric Cooperative is one of 42 electricity providers in the state who offer net metering to their customers. This is a positive for any customer potentially purchasing solar panels, as net metering allows them to sell their unneeded electricity into the grid.
Electricity suppliers regularly submit reports on energy lost through electricity transmission to government agencies who track infrastructure efficiencies. Benco Electric Cooperative recently reported a loss of 5.15% of the electricity generation. Benco Electric Cooperative's energy loss numbers give them a ranking of 34th best out of the 44 providers that operate in the state and report energy loss and 939th best out of 3511 in the US.
Benco Electric Cooperative Rate & Electric Bills
Benco Electric Cooperative residential electric rates are highest in January and the highest average bill is in January.
Historical Electric Rates:
Benco Electric Cooperative Overview
- Company Type:Cooperative
- Parent Company:Blue Earth Light and Water
- Headquarters:20946 549th Avenue
Mankato, Minnesota 56001
United States of America
- CEO:Dave Sunderman
Benco Electric Cooperative Contact
Benco Electric Cooperative Service
- Outage Map:www.star-mapping.com:8036
- Outage Phone:(507) 387-7964
- States Served:
- Counties Served:
- Blue Earth County
- Nicollet County
- Freeborn County
- Le Sueur County
- Martin County
- Major Cities Served:See all cities
- Table Of Contents:
Quick Facts About Benco Electric Cooperative
Emitting 150,622,729.96 kilograms of CO2 emissions, Benco Electric Cooperative comes in as the 1033rd highest polluting supplier in the nation out of the 3511 we track.
Benco Electric Cooperative's energy loss due to business operations.
Total Energy Loss
939 National Rank
Length & Frequency of Benco Electric Cooperative's Power Outages
vs. national average of 122.99 min.
vs. national average of 1.21
Benco Electric Cooperative Coverage Map
Benco Electric Cooperative State Coverage
|State||Customers||Sales ($)||State Rank Based On Revenue||% of Provider's Residential Sales in State|
Benco Electric Cooperative County Coverage
|County||Population||Providers||Avg. County Rate (¢)||Avg. Electric Bill|
|Blue Earth County||67,653||4||13.88||$137.59/mo|
|Le Sueur County||28,887||4||12.16||$119.05/mo|
Cities Benco Electric Cooperative Has Coverage
- Amboy, MN
- Bricelyn, MN
- Delavan, MN
- Eagle Lake, MN
- Easton, MN
- Elmore, MN
- Frost, MN
- Kiester, MN
- Lake Crystal, MN
- Le Sueur, MN
- Madison Lake, MN
- Mankato, MN
- North Mankato, MN
- Skyline, MN
- St. Peter, MN
- Vernon Center, MN
- Walters, MN
- Wells, MN
- Winnebago, MN
* City coverage generated based on government data. Always verify you can get service from the provider.
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Benco Electric Cooperative FAQ:
Who is the CEO of Benco Electric Cooperative?
Dave Sunderman is the CEO of Benco Electric Cooperative.
What company is Benco Electric Cooperative owned by?
Blue Earth Light and Water is the owner of Benco Electric Cooperative.
What is the phone number for Benco Electric Cooperative?
Benco Electric Cooperative's customer service phone number is (507) 387-7963
How many counties does Benco Electric Cooperative supply electricity in?
Benco Electric Cooperative supplies electricity in 8 counties throughout the United States including, Minnesota.
When will Benco Electric Cooperative power be restored?
Average outage times for Benco Electric Cooperative are around 113.717 minutes per outage.
What is the average bill for Benco Electric Cooperative customers each month?
The average monthly electric bill for customers of Benco Electric Cooperative is $145.80. The state average bill is $104.42 and the national average is $104.42.
What cities does Benco Electric Cooperative supply electricity to?
Benco Electric Cooperative provides electricity in 19 cities.
What is the average electricity rate for Benco Electric Cooperative customers?
Customers of Benco Electric Cooperative, on average, have an electricity rate 13.88 cents per kilowatt hour (¢/kWh).