Iowa Lakes Electric Cooperative: Rates, Coverage Area, Emissions

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, 11,722 consumers are provided electricity by the provider. These customers are a mix of 8,573 residential customer accounts, 3,102 commercial customer accounts and 47 industrial locations. On average, Iowa Lakes Electric Cooperative charges their consumers a residential electricity rate of 12.58 cents per kilowatt hour, which is 20.16% lower than the average US price of 15.76 cents. In 2022 the company had retail sales of 579,157 megawatt hours and wholesale sales to other electricity companies of 579,157 megawatt hours. The megawatt hours sourced by the company came from a combination of electricity generation from power facilities owned by Iowa Lakes Electric Cooperative and supplementary megawatt hours that they procured on wholesale channels. They produced 83,410 megawatt hours and purchased 630,965 wholesale megawatt hours. The total revenue for Iowa Lakes Electric Cooperative for 2022 from electricity sales was $65,402,600, with $57,473,900 coming from retail sales to end users and $7,295,300 from wholesale electricity sales.

Customers of the provider have an average monthly residential electric bill of $188.56. This is 61.12% more than the Iowa average of $105.83. Based on megawatt hours produced, Iowa Lakes Electric Cooperative is the 35th largest supplier out of 206 electricity companies in the state. The provider ranks 21st out of 177 providers that we track in the state for total megawatt hours produced from wind turbines, with 66,998 megawatt hours produced. Customers of the provider deal with 0.67 electrical outages per year with outages lasting on average 67.9 minutes.

Iowa Lakes Electric Cooperative Net Metering

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.

Energy Loss

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 1.86% of the total electricity they produce. This percentage of electricity lost earns them a rank of 182nd best out of 3526 suppliers reporting energy loss in the country.

Iowa Lakes Electric Cooperative Rate & Electric Bills

Iowa Lakes Electric Cooperative residential electric rates are highest in August and the highest average bill is in July.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.158/kWh$0.103/kWh$301.27/mo.$140.47/mo.
1051st12.58¢Iowa Lakes Electric Cooperative's Average residential price per kWh
2781st$188.56Average monthly electricity bill for Iowa Lakes Electric Cooperative's residential customers

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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

Iowa Lakes Electric Cooperative Service

Quick Facts About Iowa Lakes Electric Cooperative

Iowa Lakes Electric Cooperative generates 66,998 megawatt hours (or 100.00% of their total generation) from the use of renewable fuels in their production plants.

With production of 66,998 megawatt hours, Iowa Lakes Electric Cooperative is ranked 387th for total generation of all suppliers in the nation.

Energy provider of the year for National, Major Provider Category
Highest Ratio of Renewable Electricity
National, Major Provider Category
Claim Award
Energy provider of the year for National, Major Provider Category
Highest Ratio of Renewable Electricity
National, Major Provider Category
Claim Award
Energy provider of the year for National, Major Provider Category
Highest Ratio of Renewable Electricity
National, Major Provider Category
Claim Award

Energy Loss

Iowa Lakes Electric Cooperative's energy loss due to business operations.

-1.86%

Total Energy Loss

13,283MWh

182 National Rank

Grid Reliability

Length & Frequency of Iowa Lakes Electric Cooperative's Power Outages

67.9 min.

vs. national average of 171.11 min.

0.67 outages/yr

vs. national average of 1.45

Iowa Lakes Electric Cooperative Energy Makeup

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Iowa Lakes Electric Cooperative Coverage Map

Coverage Map Placeholder

Iowa Lakes Electric Cooperative State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Iowa11,72251,882,454.049100%

Iowa Lakes Electric Cooperative County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Buena Vista County20,723513.11$183.03/mo
Cherokee County11,606412.49$187.85/mo
Clay County16,410413.65$174.09/mo
Dickinson County17,536513.69$176.54/mo
Emmet County9,433313.32$179.43/mo
Kossuth County14,823914.02$166.21/mo
O'Brien County14,13979.22$191.99/mo
Osceola County6,168612.20$216.58/mo
Palo Alto County8,996413.07$181.25/mo
Pocahontas County7,091613.40$180.30/mo

Power Plants Owned by Iowa Lakes Electric Cooperative

PlantCity/CountyStatePrimary Fuel TypeProduction (MWh)Emission (kg)Emissions/MWhToxic Chemical ReleaseClosing Date
Iowa Lakes Superior Wind FarmIowa Lakes Electric Cooperative (100.00%)
Dickinson County IA Wind 34,806
Kossuth County IA Wind 32,192

Iowa Lakes Electric Cooperative Fuel Makeup

WIND
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100.00%

Cities Iowa Lakes Electric Cooperative Has Coverage

* 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 $188.56.

How many power plants are owned by or associated with Iowa Lakes Electric Cooperative?

There are 2 power plants owned by or associated with Iowa Lakes Electric Cooperative.

What percentage of Iowa Lakes Electric Cooperative's electricity is produced using nonrenewable fuels?

Power production facilities owned by or associated with Iowa Lakes Electric Cooperative generate 0% of their electricity using nonrenewable fuel types.

What is the average bundled electricity rate for Iowa Lakes Electric Cooperative customers?

Iowa Lakes Electric Cooperative's current average bundled electricity rate is 12.58 cents per kilowatt hour (¢/kWh), compared to the average state bundled rate of 13.04 cents and the average national rate of 15.76 cents.

Who is the CEO of Iowa Lakes Electric Cooperative?

Rick Olesen is the current CEO of Iowa Lakes Electric Cooperative.

What percentage of Iowa Lakes Electric Cooperative's electricity is produced from renewable fuel sources?

Iowa Lakes Electric Cooperative generates 100.00% of their electricity from renewable fuel sources.

How many counties does Iowa Lakes Electric Cooperative supply electricity in?

Iowa Lakes Electric Cooperative offers service to customers in 10 counties.

What is the phone number for Iowa Lakes Electric Cooperative?

The Iowa Lakes Electric Cooperative phone number is (800) 225-4532.

When will Iowa Lakes Electric Cooperative power be restored?

Average outage times for Iowa Lakes Electric Cooperative are roughly 67.9 minutes per outage.

What cities does Iowa Lakes Electric Cooperative provider electricity to?

Iowa Lakes Electric Cooperative supplies to 22 cities throughout the nation.

King Manalo
Last Reviewed By: King Manalo
Published: 2024-02-05