Crow Wing Power

About Crow Wing Power

With their main offices in Brainerd, Minnesota, Crow Wing Power supplies electricity to 3 counties throughout Minnesota and is classified as an electricity cooperative. Electricity companies must regularly report the number of customers signed on for their services to government agencies. Most recently the supplier disclosed a total of 45,356 customers signed up to receive electricity from the company. Approximately 0.45% of these customers are industrial properties, 6.12% are commercial customer accounts and 93.43% are residential properties. On average, Crow Wing Power charges their consumers a residential electricity rate of 12.16 cents per kilowatt hour. Fortunately, this is 11.27% less than Minnesota's average price of 13.71 cents, ranking the company at 82nd out of 180 providers in Minnesota for lowest average electricity price. The provider had total sales and disposition of 664,604 megawatt hours in 2020, of which 94.36% were from retail sales. The electricity sourced by the company primarily came from megawatt hours that they procured by way of wholesale channels. They purchased 664,604 wholesale megawatt hours. In 2020, the supplier made a total of $73,583,300 from business activities relating to the sale and transfer of electricity. They had 98.86% of their revenue coming from retail sales to end users.

The nationwide average monthly residential electric bill is $121.23, while the Crow Wing Power average is 11.21% less at $107.64 per month. The provider does not have ownership in any electricity generation facilities and all of the power that they sell to their customers must be purchased from other companies.