Iowa Lakes Electric Cooperative

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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, 12,902 consumers are provided electricity by the provider. These customers are a mix of 9,358 residential customer accounts, 3,473 commercial customer accounts and 71 industrial locations. On average, Iowa Lakes Electric Cooperative charges their consumers a residential electricity rate of 12.32 cents per kilowatt hour, which is 10.11% lower than the average US price of 13.71 cents. In 2020 the company had retail sales of 535,596 megawatt hours and wholesale sales to other electricity companies of 535,596 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 75,204 megawatt hours and purchased 587,706 wholesale megawatt hours. The total revenue for Iowa Lakes Electric Cooperative for 2020 from electricity sales was $61,930,800, with $53,997,300 coming from retail sales to end users and $7,065,000 from wholesale electricity sales.

Customers of the provider have an average monthly residential electric bill of $189.23. This is 69.44% more than the Iowa average of $105.04. Iowa Lakes Electric Cooperative produces 69,877 megawatt hours from their generation facilities, ranking them as the 33rd highest producer of electricity in the state out of 177 electricity suppliers. Iowa Lakes Electric Cooperative is the 9th largest supplier out of 177 suppliers in the state based on total megawatt hours sold. Electricity production from sustainable fuel sources by the company totals 69,877 megawatt hours.

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 1.90% of the total electricity they produce. This percentage of electricity lost earns them a rank of 180th best out of 3509 suppliers reporting energy loss in the country.

Iowa Lakes Electric Cooperative Rate & Electric Bills

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

Historical Electricity Rates:

Price Per kWhAverage Bill$0.135/kWh$0.123/kWh$211.82/mo.$189.23/mo.
1615th12.32¢Iowa Lakes Electric Cooperative's Average residential price per kWh
2880th$189.23Average monthly electricity bill for Iowa Lakes Electric Cooperative's residential customers

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

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Quick Facts About Iowa Lakes Electric Cooperative

Iowa Lakes Electric Cooperative produces 69,877 megawatt hours of electricity from wind turbines, which is the 19th largest amount out of 177 companies that we track in Iowa.

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.

-1.90%

Total Energy Loss

12,591MWh

180 National Rank

Iowa Lakes Electric Cooperative Energy Makeup

Iowa Lakes Electric Cooperative Coverage Map

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Iowa Lakes Electric Cooperative State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Iowa12,90253,997,3008100%

Iowa Lakes Electric Cooperative County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Buena Vista County20,823512.77$183.35/mo
Cherokee County11,658412.24$189.25/mo
Clay County16,384413.19$174.42/mo
Dickinson County17,703513.22$177.07/mo
Emmet County9,388312.89$179.53/mo
Kossuth County14,828913.19$164.35/mo
O'Brien County14,18279.42$207.34/mo
Osceola County6,192711.70$247.41/mo
Palo Alto County8,996412.71$181.48/mo
Pocahontas County7,078612.98$180.54/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 35,726
Kossuth County IA Wind 34,151

Iowa Lakes Electric Cooperative Fuel Makeup

WIND
Wind
Wind
Wind
Wind
Wind
Wind
Wind
Wind
Wind
Wind
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 $189.23.

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 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 12.32 cents per kilowatt hour (¢/kWh), compared to the average state bundled rate of 12.39 cents and the average national rate of 13.71 cents.

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 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 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 29 cities.

What is the phone number for Iowa Lakes Electric Cooperative?

You can reach Iowa Lakes Electric Cooperative by phone via (800) 225-4532.

Last Reviewed By: King Manalo
Published: 2022-09-21