Lake Country Power

About Lake Country Power

Lake Country Power supplies electricity to 8 counties and is considered an electric cooperative. There are a total of 52,942 customer accounts receiving service from the provider. These accounts are made up of 3 industrial customers, 4,154 commercial customers and 48,785 residential accounts. Lake Country Power's customers are charged an average residential electricity rate of 17.54 cents per kilowatt hour. This is 9.20% more than the nationwide average price of 16.06 cents, ranking the provider at 2509th lowest for average electricity rate out of 2885 providers in the country. The provider had total sales and disposition of 752,570 megawatt hours in 2023, of which 94.35% were from retail sales. The electricity sourced by the supplier primarily came from megawatt hours that they acquired by way of the wholesale market. They purchased 752,570 wholesale megawatt hours. The revenue for the company for 2023 from electricity sales was $106,284,300, with $105,501,100 from retail sales to end users.

Customers of the company have an average monthly residential power bill of $143.72. This is 26.82% more than the Minnesota average bill of $106.37. The grid operated by the provider has 1.08 outages per customer per year, with outages lasting an average of 132.22 minutes. The nationwide average for other companies is 1.44 outages per customer and 123.49 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.