Kandiyohi Power Cooperative

About Kandiyohi Power Cooperative

With their main offices in Spicer, Minnesota, Kandiyohi Power Cooperative supplies electricity to 3 counties throughout Minnesota and is classified as an electricity cooperative. Electricity companies must regularly report the number of customers signed on for their services to government agencies. Most recently the supplier disclosed a total of 8,936 customers signed up to receive electricity from the company. Approximately 0.06% of these customers are industrial properties, 12.03% are commercial customer accounts and 87.91% are residential properties. On average, Kandiyohi Power Cooperative charges their consumers a residential electricity rate of 13.45 cents per kilowatt hour. Fortunately, this is 10.85% less than Minnesota's average price of 15.09 cents, ranking the company at 114th out of 175 providers in Minnesota for lowest average electricity price. The provider had total sales and disposition of 175,101 megawatt hours in 2019, of which 95.35% were from retail sales. The electricity sourced by the company primarily came from megawatt hours that they procured by way of wholesale channels. They purchased 175,101 wholesale megawatt hours. The provider made $20,527,000 in 2019, all of which came from electricity sales to end users.

The nationwide average monthly residential electric bill is $132.69, while the Kandiyohi Power Cooperative average is 17.18% higher at $155.49 per month. Kandiyohi Power Cooperative is the 2384th ranked provider in the nation for average monthly bill total. The provider does not have ownership in any electricity generation facilities and all of the power that they sell to their customers must be purchased from other companies.