Fairmont Public Utilities
Electricity Rates, Plans & Statistics
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About Fairmont Public Utilities
Fairmont Public Utilities is a municipally owned organization supplying electricity in Fairmont in Martin County, Minnesota. Currently, 5,893 consumers are provided electricity by the supplier. These customers are a mix of 4,808 residential customers, 1,072 commercial accounts and 13 industrial properties. On average, Fairmont Public Utilities' residential electricity rate is 11.75 cents per kilowatt hour. Fortunately for their consumers, this price is lower than both the state and US average rates of 15.09 and 15.64 cents per kilowatt hour, respectively. Fairmont Public Utilities had total sales and disposition of 149,293 megawatt hours in 2019, of which 97.01% were from sales to end users. The electricity sourced consisted of megawatt hours acquired via the wholesale market. They purchased 149,293 wholesale megawatt hours. In 2019, they made a total of $16,162,200 from business activities relating to the sale and transfer of electricity. They had 94.06% of their revenue coming from retail sales to end users.
The United States average monthly residential power bill is $132.69, while the Fairmont Public Utilities average is 42.82% below at $75.88 per month. This is the 214th lowest average monthly bill amount for a provider in the United States. The company currently does not generate any of the electricity that they sell. Instead, they must purchase that electricity at wholesale prices and then resell it at a higher rate to end users.
Offering net metering to consumers is a win-win situation for Fairmont Public Utilities and any people who receive their electricity from the company. Net metering allows residents to sell kilowatt hours back to the grid, making the purchase of solar and other electricity sources a cheaper project.
Fairmont Public Utilities Rate & Electric Bills
Fairmont Public Utilities residential electric rates are highest in January and the highest average bill is in July.
Historical Electricity Rates:
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Fairmont Public Utilities Overview
- Company Type:Municipal
- Headquarters:1120 Marcus Street
Fairmont, Minnesota 56031
United States of America - Director/Superintendent:Cathy Reynolds
Fairmont Public Utilities Contact
- Website:www.fairmont.org
- Customer Service Phone:(507) 235-6811
- Contact Page:www.fairmont.org
- Social Media:
Fairmont Public Utilities Service
- Rates & Plans:www.fairmont.org
- Outage Phone:(507) 235-6789
- States Served:
- Minnesota
- Counties Served:
- Martin County
- Major Cities Served:
- Table Of Contents:
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Fairmont Public Utilities Coverage Map
Fairmont Public Utilities State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| Minnesota | 5,893 | 15,130,000 | 63 | 100% |
Fairmont Public Utilities County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Martin County | 20,070 | 6 | 11.66 | $151.53/mo |
Fairmont Public Utilities Reviews
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Fairmont Public Utilities FAQ:
How much is the average bundled bill for Fairmont Public Utilities customers each month?
Fairmont Public Utilities currently has an average monthly bundled electric bill of $75.88, compared to the Minnesota average of $107.55 and the US of $107.55 for bundled service.
What is the phone number for Fairmont Public Utilities?
Fairmont Public Utilities' customer service phone number is (507) 235-6811
Who is the CEO of Fairmont Public Utilities?
Fairmont Public Utilities' current CEO is Cathy Reynolds.
What is the average bundled electricity rate for Fairmont Public Utilities customers?
Fairmont Public Utilities' current average bundled electricity rate is 11.75 cents per kilowatt hour (¢/kWh), compared to the average Minnesota bundled rate of 15.09 cents and the average United States rate of 15.64 cents.
