Lake Crystal, Minnesota Electric Utility
Electricity Rates, Plans & Statistics
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About Lake Crystal, Minnesota Electric Utility
Lake Crystal, Minnesota Electric Utility provides electricity in Lake Crystal, Minnesota. At the time of the most recent government reports, the company reported a total of 1,249 electricity customers signed on to receive electricity from the company. This total is made up of 1,070 residential accounts and 179 commercial properties. On average, Lake Crystal, Minnesota Electric Utility's patrons pay a residential electricity rate of 21.39 cents per kilowatt hour, which is 34.89% more than the average Minnesota price of 15.86 cents. They sold 16,627 megawatt hours in 2023 via retail sales. During the same timeframe, the provider generated 9 megawatt hours and procured 17,386 megawatt hours through wholesale electricity channels. In 2023, the company made a total of $3,127,900 from business activities relating to the sale and transfer of electricity. All of which came from retail sales to end users.
The average monthly residential power bill for a consumer of Lake Crystal, Minnesota Electric Utility is $137.6. Lake Crystal, Minnesota Electric Utility is the 117th largest supplier out of 163 electricity companies in the state based on number of customers. Electricity production plants owned by Lake Crystal, Minnesota Electric Utility produce a total of 9 megawatt hours, which is the 98th highest in the state out of 3530 companies. Electricity generation is not part of the Lake Crystal, Minnesota Electric Utility business plan, as they purchase electricity at wholesale rates and then resell to their consumers.
Customers of Lake Crystal, Minnesota Electric Utility are able to take advantage of net metering solutions, which is a positive for both parties. Net metering makes solar panel purchases more economically feasible as it gives the ability for citizens to sell electricity back to the grid.
Loss of energy due to heat dissipation during electricity transmission and other causes is part of being in the electricity generation business. Providers must report these losses to government agencies who track electricity grid efficiencies. Lake Crystal, Minnesota Electric Utility recently reported an annual loss of roughly 4.42% of the electricity that they generate. The state average for energy loss is 1.62% and the US average is 2.43%. This gives Lake Crystal, Minnesota Electric Utility a ranking of 40th best out of 163 electricity companies in Minnesota and 933rd best out of 3530 suppliers in the country.
Lake Crystal, Minnesota Electric Utility Rate & Electric Bills
Lake Crystal, Minnesota Electric Utility residential electric rates are highest in May and the highest average bill is in July.
Historical Electricity Rates:
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Lake Crystal, Minnesota Electric Utility Overview
- Company Type:Municipal
- Headquarters:111 West Humphrey Street
Lake Crystal, Minnesota 56055
United States of America - Director/Superintendent:Taylor Gronau
Lake Crystal, Minnesota Electric Utility Contact
- Website:www.lakecrystalmn.org
- Customer Service Phone:(507) 726-2260
- Contact Page:www.lakecrystalmn.org
- Social Media:
Lake Crystal, Minnesota Electric Utility Service
- Rates & Plans:www.lakecrystalmn.org
- Outage Phone:(507) 726-2260
- States Served:
- Minnesota
- Counties Served:
- Blue Earth County
- Major Cities Served:
Quick Facts About Lake Crystal, Minnesota Electric Utility
Lake Crystal, Minnesota Electric Utility is the 651st largest generator of megawatt hours from non-renewable fuel types in the United States.
Energy Loss
Lake Crystal, Minnesota Electric Utility's energy loss due to business operations.
Total Energy Loss
768MWh
933 National Rank
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Lake Crystal, Minnesota Electric Utility Coverage Map
Lake Crystal, Minnesota Electric Utility State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| Minnesota | 1,244 | 3,127,414 | 116 | 100% |
Lake Crystal, Minnesota Electric Utility County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Blue Earth County | 69,631 | 5 | 16.44 | $152.05/mo |
Lake Crystal, Minnesota Electric Utility Reviews
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Lake Crystal, Minnesota Electric Utility FAQ:
Who is the CEO of Lake Crystal, Minnesota Electric Utility?
Taylor Gronau is the CEO of Lake Crystal, Minnesota Electric Utility.
What percentage of Lake Crystal, Minnesota Electric Utility's electricity is generated from renewable fuels?
Electric generation plants owned by or associated with Lake Crystal, Minnesota Electric Utility produce 0% of their electricity from renewable fuel types.
How much is the average bundled bill for Lake Crystal, Minnesota Electric Utility customers each month?
Customers of Lake Crystal, Minnesota Electric Utility pay, on average, a monthly bundled bill of $137.60.
What is the average bundled electricity rate for Lake Crystal, Minnesota Electric Utility customers?
The average bundled rate of electricity for consumers of Lake Crystal, Minnesota Electric Utility is 21.39 cents per kilowatt hour (¢/kWh).
What percentage of Lake Crystal, Minnesota Electric Utility's electricity is produced from nonrenewable fuels?
Lake Crystal, Minnesota Electric Utility produces 100.00% of their electricity using nonrenewable fuel types.
What is the phone number for Lake Crystal, Minnesota Electric Utility?
Lake Crystal, Minnesota Electric Utility's customer service phone number is (507) 726-2260
