Lake Region Electric Webster, South Dakota

About Lake Region Electric Webster, South Dakota

Lake Region Electric Webster, South Dakota provides electricity to 4 counties in the state including counties like Brown County, Roberts County, Day County, and Marshall County. The company is an electric cooperative. There are 3,468 customer accounts receiving electricity from the supplier. These customer accounts are made up of 0.20% industrial customers, 4.44% commercial properties and 95.36% residential customers. Customers of Lake Region Electric Webster, South Dakota spend, on average, 11.67 cents per kilowatt hour for their electricity, which is, fortunately, 14.65% below the average national rate of 13.67 cents. There were a total of 191,901 megawatt hours sold through retail sales in 2019 by the supplier. Wholesale power purchases made up 100.00% of the total electricity sourced by the company and 198,098 megawatt hours were acquired via the wholesale market. In 2019, the provider earned 99.42% of their revenue from retail electricity sales to end users.

The state average monthly residential electric bill is $121.94, while the Lake Region Electric Webster, South Dakota average is 42.60% more at $173.47 per month. Lake Region Electric Webster, South Dakota is the 58th ranked provider in the state for average monthly bill amount. The provider currently does not produce their own electricity. Instead, they must purchase that electricity at wholesale prices from other companies and then resell it to end users.