Goodhue County Coop Elec Assn

About Goodhue County Coop Elec Assn

Goodhue County Coop Elec Assn is an electricity cooperative. The largest city served by the supplier is Lake City, but the company also provides electricity to 6 cities in the state of Minnesota. On average, Goodhue County Coop Elec Assn charges their patrons a residential electricity rate of 13.90 cents per kilowatt hour. Luckily, this is 10.57% lower than Minnesota's average price of 15.54 cents, resulting in the supplier ranking 109th out of 175 suppliers in the state for best average electricity price. In 2019 they had sales to end customers totaling 96,980 megawatt hours. The electricity they sourced was made up of megawatt hours procured by way of the wholesale market. They purchased 102,194 wholesale megawatt hours. In 2019, the company made a total of $12,831,300 from business activities relating to the sale and transfer of electricity. They had revenue of $12,730,800 from retail sales to end users.

The national average monthly residential electric bill is $135.34, while the Goodhue County Coop Elec Assn average is 51.57% more at $205.14 per month. Goodhue County Coop Elec Assn ranks 2863rd in the country for average monthly bill amount. The provider is not associated with any electricity facilities and all of the power that they sell to their consumers must be purchased from other suppliers.