Ely, Minnesota Electric Utility: Rates and Coverage Area

Ely, Minnesota Electric Utility

Electricity Rates, Plans & Statistics

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About Ely, Minnesota Electric Utility

Ely, Minnesota Electric Utility is a municipally owned organization serving Ely, Minnesota and rural areas of St. Louis County. The provider has 1,746 residential accounts, 329 commercial customer accounts and 20 industrial customer accounts. On average, Ely, Minnesota Electric Utility's residential electricity price is 10.12 cents per kilowatt hour, which is 32.92% lower than the average state rate of 15.09 cents. In 2019 they sold 99.81% of their disposition to end users (known as retail sales). The electricity sourced by Ely, Minnesota Electric Utility is made up primarily of megawatt hours they purchased by way of wholesale channels. This category makes up 100.00% of all electricity sourced by the company. The company earned $3,811,400 in 2019, which came entirely from sales to retail customers.

The Minnesota average monthly residential electricity bill is $107.55, while the Ely, Minnesota Electric Utility average is 13.48% less at $89.67 per month. This is the 61st lowest average monthly bill amount for a supplier in the state. The supplier does not have ownership in any power facilities and all of the megawatt hours that they sell to their consumers must be purchased from other suppliers.

Ely, Minnesota Electric Utility Rate & Electric Bills

Ely, Minnesota Electric Utility residential electric rates are highest in January and the highest average bill is in October.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.120/kWh$0.100/kWh$94.17/mo.$74.90/mo.
373rd10.12¢Ely, Minnesota Electric Utility's Average residential price per kWh
513th$89.67Average monthly electricity bill for Ely, Minnesota Electric Utility's residential customers

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Ely, Minnesota Electric Utility Overview

  • Company Type:Municipal
  • Headquarters:209 East Chapman Street
    Ely, Minnesota 55731
    United States of America
  • Director/Superintendent:Albert Forsman

Ely, Minnesota Electric Utility Contact

Ely, Minnesota Electric Utility Service

Energy provider of the year for National, Mid-Sized Provider Category
Top 10 Lowest Energy Loss
National, Mid-Sized Provider Category
Claim Award
Energy provider of the year for Minnesota, Mid-Sized Provider Category
Top 3 Lowest Energy Loss
Minnesota, Mid-Sized Provider Category
Claim Award

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Ely, Minnesota Electric Utility Coverage Map

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Ely, Minnesota Electric Utility State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Minnesota2,0953,914,100103100%

Ely, Minnesota Electric Utility County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
St. Louis County199,5321115.27$136.15/mo

Ely, Minnesota Electric Utility Reviews

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Ely, Minnesota Electric Utility FAQ:

What is the average bundled electricity rate for Ely, Minnesota Electric Utility customers?

Consumers of Ely, Minnesota Electric Utility, on average, have an electricity bundled rate 10.12 cents per kilowatt hour (¢/kWh).

How much is the average bundled bill for Ely, Minnesota Electric Utility customers each month?

Customers of Ely, Minnesota Electric Utility pay, on average, a monthly bundled bill of $89.67.

Who is the CEO of Ely, Minnesota Electric Utility?

Ely, Minnesota Electric Utility's CEO is Albert Forsman.

What is the phone number for Ely, Minnesota Electric Utility?

You can reach Ely, Minnesota Electric Utility by phone via (218) 365-3224.

King Manalo
Last Reviewed By: King Manalo
Published: 2022-08-01