Lake Park, Minnesota Electric Utility
Electricity Rates, Plans & Statistics
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About Lake Park, Minnesota Electric Utility
Lake Park, Minnesota Electric Utility is a municipally owned entity serving Lake Park in Becker County, Minnesota. At the moment, there are 534 customers of the supplier. Exactly 107 of them are commercial customers and 427 of them are residential accounts. The average residential electricity rate for consumers of Lake Park, Minnesota Electric Utility is around 10.54 cents per kilowatt hour, which is 32.60% lower than the average nationwide rate of 15.64 cents. In 2019 the company sold 8,290 megawatt hours to end users (known as retail sales). The purchase of wholesale electricity made up 100.00% of the electricity sourced by the company. The total revenue for Lake Park, Minnesota Electric Utility in 2019 from electricity sales was $816,000, with all revenue coming from retail sales to end users.
The national average monthly residential electric bill is $132.69, while the Lake Park, Minnesota Electric Utility average is 40.40% less at $79.08 per month. The company currently does not produce their own electricity. Instead, they must purchase that electricity at wholesale rates and then resell it at a higher rate to end users.
Lake Park, Minnesota Electric Utility Rate & Electric Bills
Lake Park, Minnesota Electric Utility residential electric rates are highest in January and the highest average bill is in January.
Historical Electricity Rates:
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Lake Park, Minnesota Electric Utility Overview
- Company Type:Municipal
- Headquarters:2032 2nd Street
Lake Park, Minnesota 56554
United States of America - Director/Superintendent:Todd Frank
Lake Park, Minnesota Electric Utility Contact
- Website:www.lakeparkmn.com
- Customer Service Phone:(218) 238-5337
- Contact Page:www.lakeparkmn.com
- Social Media:
Lake Park, Minnesota Electric Utility Service
- States Served:
- Minnesota
- Counties Served:
- Becker County
- Major Cities Served:
- Lake Park
- Table Of Contents:
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Lake Park, Minnesota Electric Utility Coverage Map
Lake Park, Minnesota Electric Utility State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| Minnesota | 534 | 778,000 | 155 | 100% |
Lake Park, Minnesota Electric Utility County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Becker County | 34,995 | 6 | 12.55 | $150.79/mo |
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Lake Park, Minnesota Electric Utility FAQ:
What is the phone number for Lake Park, Minnesota Electric Utility?
You can reach Lake Park, Minnesota Electric Utility by phone via (218) 238-5337.
What is the average bundled electricity rate for Lake Park, Minnesota Electric Utility customers?
The average bundled price of electricity for consumers of Lake Park, Minnesota Electric Utility is 10.54 cents per kilowatt hour (¢/kWh).
Who is the CEO of Lake Park, Minnesota Electric Utility?
The current CEO of Lake Park, Minnesota Electric Utility is Todd Frank.
How much is the average bundled bill for Lake Park, Minnesota Electric Utility customers each month?
Consumers of Lake Park, Minnesota Electric Utility pay, on average, a monthly bundled bill of $79.08.
