Fosston, Minnesota Electric Utility

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About Fosston, Minnesota Electric Utility

Fosston, Minnesota Electric Utility is a municipally owned entity located in Fosston, Minnesota and serving customers in Polk County, Minnesota. Currently, 886 consumers are supplied electricity by the supplier. These customers are a mix of 6 industrial locations, 202 commercial customers and 678 residential locations. The average residential electricity price for customers of Fosston, Minnesota Electric Utility is approximately 13.61 cents per kilowatt hour, which is 3.57% lower than the nationwide average price of 14.11 cents. This makes the supplier 2132nd out of 2923 companies in the US for best average electricity price. Roughly 30,227 megawatt hours were sold by the supplier to retail end users in 2019. The megawatt hours sourced by the company primarily came from megawatt hours that they acquired via the wholesale market. They purchased 32,245 wholesale megawatt hours. Through sales to retail customers alone , The company earned $3,591,700 in 2019.

The average monthly residential electric bill for a customer of Fosston, Minnesota Electric Utility is $118.32 per month, while the US average is $125.95. The company currently does not produce any of the electricity that they sell. Instead, they must purchase that electricity at wholesale prices from other providers and then resell it to end consumers.

Fosston, Minnesota Electric Utility Rate & Electric Bills

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

Historical Electricity Rates:

Price Per kWhAverage Bill$0.136/kWh$0.132/kWh$124.04/mo.$118.32/mo.
2132nd13.61¢Fosston, Minnesota Electric Utility's Average residential price per kWh
1742nd$118.32Average monthly electricity bill for Fosston, Minnesota Electric Utility's residential customers

Fosston, Minnesota Electric Utility Overview

  • Company Type:Municipal
  • Headquarters:220 1st Street East
    Fosston, Minnesota 56542
    United States of America
  • Director/Superintendent:Cassie Heide

Fosston, Minnesota Electric Utility Contact

Fosston, Minnesota Electric Utility Service

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Fosston, Minnesota Electric Utility Coverage Map

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Fosston, Minnesota Electric Utility State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Minnesota8863,426,000106100%

Fosston, Minnesota Electric Utility County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Polk County31,192913.10$191.26/mo

Fosston, Minnesota Electric Utility Reviews

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Fosston, Minnesota Electric Utility FAQ:

What is the average bundled bill for Fosston, Minnesota Electric Utility customers each month?

Consumers of Fosston, Minnesota Electric Utility pay, on average, a monthly bundled bill of $118.32.

Who is the CEO of Fosston, Minnesota Electric Utility?

Fosston, Minnesota Electric Utility's CEO is Cassie Heide.

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

Fosston, Minnesota Electric Utility's current average bundled electricity rate is 13.61 cents per kilowatt hour (¢/kWh), compared to the average Minnesota bundled rate of 14.13 cents and the average national rate of 14.11 cents.

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

You can reach Fosston, Minnesota Electric Utility by phone via (218) 435-1959.

Last Reviewed By: Matt Hope
Published: 2022-08-09