Lake Country Power

Electricity Rates, Plans & Statistics

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About Lake Country Power

Lake Country Power supplies electricity to 8 counties and is considered an electric cooperative. They presently provide electricity to residential, commercial and industrial customers, with a total of 3,963 commercial customers, 45,914 residential customer accounts and one industrial customer recently reported to be on their books. Lake Country Power's patrons are charged an average residential electricity rate of 14.95 cents per kilowatt hour. This is 5.96% more than the US average rate of 14.11 cents, which ranks the provider 2503rd out of 2923 providers in the US for lowest average electricity rate. The company sold 613,337 megawatt hours in 2020 by way of retail accounts. The electricity sourced by the supplier primarily came from megawatt hours that they acquired by way of the wholesale market. They purchased 658,844 wholesale megawatt hours. The revenue for the company for 2020 from electricity sales was $89,687,600, with $89,364,500 from retail sales to end users.

Customers of the company have an average monthly residential power bill of $133.31. This is 24.89% more than the Minnesota average bill of $101.96. The supplier currently does not produce their own electricity. Instead, they must purchase that electricity at wholesale prices and then resell it to end consumers.

Lake Country Power Net Metering

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.

Energy Loss

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 6.62% of the electricity generation amount. This percentage of electricity lost results in them being given a ranking of 45th best out of 166 companies who report energy loss in the state and 1246th best out of 3509 in the US.

Lake Country Power Rate & Electric Bills

Lake Country Power residential electric rates are highest in January and the highest average bill is in January.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.150/kWh$0.144/kWh$133.31/mo.$128.82/mo.
2503rd14.95¢Lake Country Power's Average residential price per kWh
2233rd$133.31Average monthly electricity bill for Lake Country Power's residential customers

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

Lake Country Power Service

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Energy Loss

Lake Country Power's energy loss due to business operations.

-6.62%

Total Energy Loss

43,618MWh

1246 National Rank

Lake Country Power Coverage Map

Coverage Map Placeholder

Lake Country Power State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Minnesota49,87889,364,50012100%

Lake Country Power County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Aitkin County15,697414.95$122.86/mo
Carlton County36,207414.71$123.57/mo
Cass County30,066613.43$124.08/mo
Itasca County45,014616.07$125.52/mo
Koochiching County12,062415.21$142.04/mo
Lake County10,905514.70$127.70/mo
Pine County28,876315.30$133.22/mo
St. Louis County200,2311114.72$127.86/mo

Cities Lake Country Power Has Coverage

* City coverage generated based on government data. Always verify you can get service from the provider.

Lake Country Power Reviews

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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 34 cities in the country including Minnesota.

What is the average bundled electricity rate for Lake Country Power customers?

Lake Country Power's current average bundled electricity rate is 14.95 cents per kilowatt hour (¢/kWh), compared to the average state bundled rate of 14.13 cents and the average national rate of 14.11 cents.

What is the phone number for Lake Country Power?

Lake Country Power's customer service phone number is (218) 863-1171

How many counties does Lake Country Power sell electricity in?

Lake Country Power offers service in 8 counties.

How much is the average bundled bill for Lake Country Power customers each month?

The average monthly bundled electric bill for customers of Lake Country Power is $133.31. The state average bundled bill is $101.96 and the United States average is $101.96.

Last Reviewed By: Matt Hope
Published: 2022-09-27