Cooperative Light & Power: Rates and Coverage Area

Cooperative Light & Power

Electricity Rates, Plans & Statistics

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About Cooperative Light & Power

With 5,934 total consumers, the company serves 539 commercial customers, 5,394 residential accounts and one industrial customer. On average, Cooperative Light & Power's patrons spend 14.93 cents per kilowatt hour for their residential electricity, which is 3.91% less than the state's average rate of 15.54 cents and 5.11% below the US average of 15.73 cents. Cooperative Light & Power had total sales and disposition of 107,695 megawatt hours in 2019, of which 95.51% were from retail sales. The electricity sourced by the provider primarily came from megawatt hours that they acquired via the wholesale electricity market. They purchased 107,695 wholesale megawatt hours. In 2019, the company made a total of $12,919,700 from business activities relating to the sale and transfer of electricity. They had 99.60% of their revenue coming from retail sales to end users.

Consumers of the supplier pay an average residential electricity bill of $126.59. This is 6.50% less than the United States average of $135.39. The provider currently does not generate any of the electricity that they sell. Instead, they must purchase that electricity at wholesale rates from other suppliers and then resell it at a higher rate to end customers.

Cooperative Light & Power Net Metering

Cooperative Light & Power gives consumers the ability to take advantage of net metering. This is a positive for any customer potentially installing private solar panels, as net metering allows them to sell their excess wattage back to their electricity provider.

Cooperative Light & Power Rate & Electric Bills

Cooperative Light & Power residential electric rates are highest in September and the highest average bill is in July.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.158/kWh$0.124/kWh$157.26/mo.$97.32/mo.
2029th14.93¢Cooperative Light & Power's Average residential price per kWh
1623rd$126.59Average monthly electricity bill for Cooperative Light & Power's residential customers

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Cooperative Light & Power Overview

  • Company Type:Cooperative
  • Headquarters:1554 Highway 2
    Two Harbors, Minnesota 55616
    United States of America
  • CEO:Steve Shurts

Cooperative Light & Power Contact

Cooperative Light & Power Service

  • States Served:
    • Minnesota
  • Counties Served:
    • St. Louis County
    • Lake County
  • Major Cities Served:

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Cooperative Light & Power Coverage Map

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Cooperative Light & Power State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Minnesota5,93412,977,481.165100%

Cooperative Light & Power County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Lake County10,835515.44$133.17/mo
St. Louis County199,5321116.04$136.07/mo

Cooperative Light & Power Reviews

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Cooperative Light & Power FAQ:

What is the phone number for Cooperative Light & Power?

The Cooperative Light & Power phone number is (218) 834-2226.

Who is the CEO of Cooperative Light & Power?

Cooperative Light & Power's CEO is Steve Shurts.

What is the average bundled electricity rate for Cooperative Light & Power customers?

The average bundled rate of electricity for consumers of Cooperative Light & Power is 14.93 cents per kilowatt hour (¢/kWh).

How much is the average bundled bill for Cooperative Light & Power customers each month?

Customers of Cooperative Light & Power pay, on average, a monthly bundled bill of $126.59.

How many counties does Cooperative Light & Power provider electricity in?

Cooperative Light & Power provides electricity to customers in 2 counties throughout the nation.

Matt Hope
Last Reviewed By: Matt Hope
Published: 2023-12-06