Lake City Public Works
Recently filed reports by the company showed a total customer count of 3,211 customers, 7 of which are industrial customers, 357 are commercial customers and 2,847 are residential accounts. The average residential electricity rate for Lake City Public Works is roughly 12.35 cents per kilowatt hour, which is 7.88% lower than the average Minnesota rate of 13.40 cents and 8.21% below the nationwide average of 13.45. There were a total of 134,028 megawatt hours sold to retail accounts in 2019 by the company. The electricity sourced by the company is made up primarily of megawatt hours they purchased via the wholesale electricity market. Of the total electricity sourced whole purchased made up 100.00%. Lake City Public Works made $11,646,000 in 2019, which they earned entirely through retail sales.
About Lake City Public Works
Patrons of the provider have an average monthly residential power bill of $64.53. This is 46.33% below the nationwide average bill of $120.24. Electricity generation is not handled in house at the company, as they purchase electricity at wholesale rates from other suppliers to then be resold to their consumers.
Offering net metering to customers is a win-win situation for Lake City Public Works and any individuals who get their electricity from the company. This is a positive for any consumer considering installing private solar panels, as net metering allows them to sell their unused electricity into the grid.
Lake City Public Works Rate & Electric Bills
Lake City Public Works residential electric rates are highest in January and the highest average bill is in June.
Historical Electric Rates:
Lake City Public Works Overview
- Company Type:Municipal
- Headquarters:205 West Center Street
Lake City, Minnesota 55041
United States of America
- CEO:John Falvey
Lake City Public Works Contact
- Customer Service Phone:(651) 345 - 5383
Lake City Public Works Coverage Map
Lake City Public Works State Coverage
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Lake City Public Works FAQ:
How much is the average bill for Lake City Public Works customers each month?
Consumers of Lake City Public Works pay, on average, a monthly bill of $64.53.
Who is the CEO of Lake City Public Works?
Lake City Public Works’s CEO is John Falvey.
What is the average electricity rate for Lake City Public Works customers?
Lake City Public Workss current average electricity rate is 12.35 cents per kilowatt hour (¢/kWh), compared to the average Minnesota rate of 13.40 cents and the average United States rate of 13.45 cents.
What is the phone number for Lake City Public Works?
You can reach Lake City Public Works by phone via (651) 345 - 5383.