Lake Country Power
Electricity Rates, Plans & Statistics
High Power Bills?
Reduce or replace your electricity bill with solar
About Lake Country Power
Lake Country Power supplies electricity to 8 counties and is considered an electric cooperative. Consumers of Lake Country Power are charged an average residential electricity rate of 16.57 cents per kilowatt hour, which is 6.60% higher than the average Minnesota price of 15.54 cents and 5.14% above the nationwide average of 15.76. In 2022 the company sold 755,898 megawatt hours via retail sales to end users. During the same timeframe, Lake Country Power purchased 804,413 megawatt hours via wholesale electricity channels. In 2022, they made a total of $108,745,300 from business activities relating to the sale and transfer of electricity. They had 99.30% of their revenue coming from retail sales to end users.
Customers of the company have an average monthly residential power bill of $143.75. This is 27.34% more than the Minnesota average bill of $106.75. The grid operated by the provider has 1.43 outages per customer per year, with outages lasting an average of 176.45 minutes. The nationwide average for other companies is 1.45 outages per customer and 171.11 minutes each outage. The supplier is not associated with any electricity generation facilities and all of the power that they sell to their customers must be purchased from other companies.
Fortunately, Lake Country Power offers net metering choices to their consumers. Net metering allows individuals to sell megawatt hours back to the grid, making the purchase of solar panels and other electricity sources a cheaper endeavor.
Electricity companies regularly submit reports for energy lost through electricity transmission to government agencies who track electricity grid efficiencies. Lake Country Power recently reported a loss of 5.74% of the electricity generation amount. This percentage of electricity lost results in them being given a ranking of 43rd best out of 162 companies who report energy loss in the state and 1050th best out of 3526 in the US.
Lake Country Power Rate & Electric Bills
Lake Country Power residential electric rates are highest in June and the highest average bill is in July.
Historical Electricity Rates:
Go Solar for less than your cell phone bill.
Lake Country Power Overview
- Company Type:Cooperative
- Headquarters:26039 Bear Ridge Drive
Cohasset, Minnesota 55721
United States of America - CEO:Mark Bakk
Lake Country Power Contact
- Website:www.lakecountrypower.coop
- Customer Service Phone:(218) 863-1171
- Contact Page:www.lrec.coop
- Social Media:
Lake Country Power Service
- Rates & Plans:www.lakecountrypower.coop
- Outage Map:outage.lcp.coop
- Outage Phone:(218) 863-1171
- States Served:
- Minnesota
- Counties Served:
- St. Louis County
- Itasca County
- Carlton County
- Cass County
- Pine County
- Major Cities Served:
- Hibbing
- Cloquet
- Grand Rapids
- Virginia
- Rice Lake
- Ely
- Moose Lake
- Mountain Iron
- Cohasset
- Gilbert
Energy Loss
Lake Country Power's energy loss due to business operations.
Total Energy Loss
46,210MWh
1050 National Rank
Grid Reliability
Length & Frequency of Lake Country Power's Power Outages
176.45 min.
vs. national average of 171.11 min.
1.43 outages/yr
vs. national average of 1.45
Go Solar for less than your cell phone bill.
Lake Country Power Coverage Map
Lake Country Power State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| Minnesota | 46,907 | 99,442,264.5 | 11 | 100% |
Lake Country Power County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Aitkin County | 15,747 | 4 | 16.27 | $128.38/mo |
| Carlton County | 36,145 | 4 | 16.00 | $128.91/mo |
| Cass County | 29,917 | 5 | 14.80 | $131.35/mo |
| Itasca County | 44,969 | 6 | 17.40 | $132.41/mo |
| Koochiching County | 12,203 | 4 | 16.00 | $145.41/mo |
| Lake County | 10,835 | 4 | 15.45 | $130.84/mo |
| Pine County | 28,997 | 3 | 16.24 | $133.09/mo |
| St. Louis County | 199,532 | 11 | 16.09 | $135.76/mo |
Cities Lake Country Power Has Coverage
- Babbitt, MN
- Bena, MN
- Boy River, MN
- Buhl, MN
- Cloquet, MN
- Cohasset, MN
- Coleraine, MN
- Cook, MN
- Cromwell, MN
- Deer River, MN
- Ely, MN
- Federal Dam, MN
- Gilbert, MN
- Grand Rapids, MN
- Hibbing, MN
- Hill City, MN
- Keewatin, MN
- Kettle River, MN
- La Prairie, MN
- Longville, MN
- McKinley, MN
- Moose Lake, MN
- Mountain Iron, MN
- Nashwauk, MN
- Orr, MN
- Remer, MN
- Rice Lake, MN
- Sturgeon Lake, MN
- Taconite, MN
- Tamarack, MN
- Tower, MN
- Virginia, MN
- Warba, MN
- Wright, MN
- Zemple, MN
* City coverage generated based on government data. Always verify you can get service from the provider.
Lake Country Power Reviews
Write a Review of Lake Country Power
Lake Country Power FAQ:
Who is the CEO of Lake Country Power?
The current CEO of Lake Country Power is Mark Bakk.
What cities does Lake Country Power offer service in?
Lake Country Power serves 35 cities in the country including Minnesota.
What is the average bundled electricity rate for Lake Country Power customers?
Consumers of Lake Country Power, on average, have an electricity bundled rate 16.57 cents per kilowatt hour (¢/kWh).
How much is the average bundled bill for Lake Country Power customers each month?
Currently, the average monthly bundled electric bill for customers of Lake Country Power is $143.75. The Minnesota average bundled bill is $106.75 and the national average is $106.75.
When will Lake Country Power power be restored?
Lake Country Power's outages last, on average, around 176.45 minutes per each outage.
What is the phone number for Lake Country Power?
You can reach Lake Country Power by phone via (218) 863-1171.
How many counties does Lake Country Power supply electricity in?
There are 8 counties that receive at least some electricity coverage by Lake Country Power.
