Iowa Lakes Electric Cooperative
Electricity Rates, Plans & Statistics
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About Iowa Lakes Electric Cooperative
Iowa Lakes Electric Cooperative serves electricity to 10 counties in Iowa including counties like Buena Vista County, Dickinson County, Clay County, Kossuth County, and O'Brien County. The organization is an electricity cooperative. Currently, 13,659 consumers are provided electricity by the provider. These customers are a mix of 10,093 residential customer accounts, 3,490 commercial customer accounts and 76 industrial locations. On average, Iowa Lakes Electric Cooperative charges their consumers a residential electricity rate of 13.64 cents per kilowatt hour, which is 5.15% higher than the average Iowa price of 12.97 cents and 15.88% less than the national average of 16.22. They sold 105,462 megawatt hours in 2023 from wholesale channels. The electricity sourced by Iowa Lakes Electric Cooperative is made up of multiple sources of megawatt hours including 66,996 megawatt hours generated in electricity plants owned by the company and 641,255 purchased via the wholesale market. In 2023, the provider made 87.81% of their revenue from retail electricity sales to end users and 10.86% via sales to wholesale customers. Their revenue from electricity activities was $67,353,900.
Customers of the provider have an average monthly residential electric bill of $207.68. This is 70.05% more than the Iowa average of $107.24. Based on customer count, Iowa Lakes Electric Cooperative is the 10th largest company out of 177 electricity companies in the state. The supplier does not have ownership in any electricity plants and all of the power that they sell to their consumers must be purchased from other suppliers. The supplier's customers have an average of 0.51 electrical outages per consumer per year. These outages are an average of 51.6 minutes, while the national average is 1.44 outages per consumer and 123.49 minutes an outage.
Net metering services are offered to consumers of Iowa Lakes Electric Cooperative. Without net metering, solar panel installation is significantly less economically realistic, as citizens have no way to sell unused energy back to their supplier.
All electricity companies who generate electricity have some amount of energy loss from heat dissipation or alternative causes. Iowa Lakes Electric Cooperative is no different, as they average a yearly loss of around 1.87% of the total electricity they produce. This percentage of electricity lost earns them a rank of 253rd best out of 3530 suppliers reporting energy loss in the country.
Iowa Lakes Electric Cooperative Rate & Electric Bills
Iowa Lakes Electric Cooperative residential electric rates are highest in May and the highest average bill is in January.
Historical Electricity Rates:
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Iowa Lakes Electric Cooperative Overview
- Company Type:Cooperative
- Headquarters:702 South 1st Street
Estherville, Iowa 51334
United States of America - CEO:Rick Olesen
Iowa Lakes Electric Cooperative Contact
- Website:www.ilec.coop
- Customer Service Phone:(800) 225-4532
- Contact Page:www.ilec.coop
- Social Media:
Iowa Lakes Electric Cooperative Service
- Outage Map:www.iowarec.org
- Outage Phone:(800) 225-4532
- States Served:
- Iowa
- Counties Served:
- Buena Vista County
- Dickinson County
- Clay County
- Kossuth County
- O'Brien County
- Major Cities Served:See all cities
Quick Facts About Iowa Lakes Electric Cooperative
Iowa Lakes Electric Cooperative is ranked 18th in the state out of 177 companies that we track for total percentage of electricity output from sustainable sources.
As the 396th highest generator of electricity in the US, Iowa Lakes Electric Cooperative produces 66,998 megawatt hours of electricity.
Iowa Lakes Electric Cooperative generates 66,998 megawatt hours (or 100.00% of their total generation) from the use of sustainable fuels in their electricity production facilities.
Energy Loss
Iowa Lakes Electric Cooperative's energy loss due to business operations.
Total Energy Loss
13,243MWh
253 National Rank
Grid Reliability
Length & Frequency of Iowa Lakes Electric Cooperative's Power Outages
51.6 min.
vs. national average of 123.49 min.
0.51 outages/yr
vs. national average of 1.44
Power Outages
Currently, 0 customers are being tracked in Iowa Lakes Electric Cooperative.
Customers Out:
0
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Iowa Lakes Electric Cooperative Coverage Map
Iowa Lakes Electric Cooperative State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| Iowa | 13,668 | 64,655,414.6 | 9 | 100% |
Iowa Lakes Electric Cooperative County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Buena Vista County | 20,723 | 6 | 13.63 | $183.09/mo |
| Cherokee County | 11,606 | 5 | 12.89 | $176.82/mo |
| Clay County | 16,410 | 4 | 14.32 | $184.59/mo |
| Dickinson County | 17,536 | 5 | 14.35 | $188.38/mo |
| Emmet County | 9,433 | 3 | 14.09 | $191.39/mo |
| Kossuth County | 14,823 | 10 | 14.52 | $172.73/mo |
| O'Brien County | 14,139 | 8 | 10.15 | $180.92/mo |
| Osceola County | 6,168 | 6 | 11.26 | $288.01/mo |
| Palo Alto County | 8,996 | 5 | 13.76 | $188.09/mo |
| Pocahontas County | 7,091 | 7 | 13.59 | $172.92/mo |
Cities Iowa Lakes Electric Cooperative Has Coverage
- Armstrong, IA
- Arnolds Park, IA
- Ayrshire, IA
- Cherokee, IA
- Emmetsburg, IA
- Estherville, IA
- Lakeside, IA
- Lakota, IA
- Ledyard, IA
- Linn Grove, IA
- Milford, IA
- Pocahontas, IA
- Quimby, IA
- Ringsted, IA
- Rossie, IA
- Ruthven, IA
- Spencer, IA
- Storm Lake, IA
- Superior, IA
- Swea City, IA
- Wallingford, IA
- West Okoboji, IA
* City coverage generated based on government data. Always verify you can get service from the provider.
Iowa Lakes Electric Cooperative Reviews
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Iowa Lakes Electric Cooperative FAQ:
What is the average bundled bill for Iowa Lakes Electric Cooperative customers each month?
Customers of Iowa Lakes Electric Cooperative pay, on average, a monthly bundled bill of $207.68.
Who is the CEO of Iowa Lakes Electric Cooperative?
Iowa Lakes Electric Cooperative's current CEO is Rick Olesen.
What percentage of Iowa Lakes Electric Cooperative's electricity is generated using renewable fuels?
Iowa Lakes Electric Cooperative produces 100.00% of their electricity using renewable fuel sources.
What is the average bundled electricity rate for Iowa Lakes Electric Cooperative customers?
Iowa Lakes Electric Cooperative's current average bundled electricity rate is 13.64 cents per kilowatt hour (¢/kWh), compared to the average state bundled rate of 12.97 cents and the average United States rate of 16.22 cents.
What percentage of Iowa Lakes Electric Cooperative's electricity is produced using nonrenewable fuel sources?
Power facilities owned by or associated with Iowa Lakes Electric Cooperative generate 0% of their electricity using nonrenewable fuel sources.
When will Iowa Lakes Electric Cooperative power be restored?
The average number of minutes for an outage for Iowa Lakes Electric Cooperative's customers is 51.6 minutes.
How many counties does Iowa Lakes Electric Cooperative provider electricity in?
There are 10 counties that receive at least some electricity coverage by Iowa Lakes Electric Cooperative including Iowa.
What cities does Iowa Lakes Electric Cooperative have customers in to?
Iowa Lakes Electric Cooperative serves electricity in 22 cities.
What is the phone number for Iowa Lakes Electric Cooperative?
You can reach Iowa Lakes Electric Cooperative by phone via (800) 225-4532.
