Lakefield, Minnesota Electric Utility

Electricity Rates, Plans & Statistics

Can You Save With Solar?

Get Solar for as low as $79/mo - $0 down + flexible financing

See if your home qualifies

Lakefield, Minnesota Electric Utility Rate & Electric Bills

Lakefield, Minnesota Electric Utility residential electric rates are highest in January and the highest average bill is in May.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.121/kWh$0.113/kWh$89.55/mo.$84.35/mo.
1486th12.05¢Lakefield, Minnesota Electric Utility's Average residential price per kWh
711th$89.55Average monthly electricity bill for Lakefield, Minnesota Electric Utility's residential customers

About Lakefield, Minnesota Electric Utility

Lakefield, Minnesota Electric Utility supplies electricity in Lakefield, Minnesota. The supplier recently disclosed a total of 829 residential customers and 169 commercial customer accounts. This is the sum of their customer base. Customers of Lakefield, Minnesota Electric Utility are billed an average residential electricity rate of 12.05 cents per kilowatt hour. Fortunately for their patrons, this price is lower than both the state and national average prices of 13.71 and 13.67 cents per kilowatt hour, respectively. The company sold 13,623 megawatt hours in 2019 via retail accounts. The electricity they sourced was made up of megawatt hours generated by the company in electricity plants they own and megawatt hours that they purchased on the wholesale electricity market. They purchased 15,059 wholesale megawatt hours. In 2019, the provider made a total of $1,477,200 from retail electricity sales to end users.

The state average monthly residential electricity bill is $100.4, while the Lakefield, Minnesota Electric Utility average is 8.97% less at $89.55 per month. This is the 74th lowest average monthly bill amount for a supplier in the state. Lakefield, Minnesota Electric Utility is the 2337th largest electricity company out of 3510 electricity companies in the US based on customer count. The company generates 656th megawatt hours from non-renewable fuels per year. This makes them 49th out of 166 providers in Minnesota. Lakefield, Minnesota Electric Utility produces 24 megawatt hours from their generation plants, which ranks them as the 94th highest generator of electricity of all 166 suppliers in the state.

Lakefield, Minnesota Electric Utility Overview

  • Company Type:Municipal
  • Headquarters:301 Main Street
    Lakefield, Minnesota 56150
    United States of America
  • Director/Superintendent:Rustin Kaderabek

Lakefield, Minnesota Electric Utility Contact

Lakefield, Minnesota Electric Utility Service

Go Solar for less than your cell phone bill.

Get Quote

Lakefield, Minnesota Electric Utility Energy Makeup

Lakefield, Minnesota Electric Utility Coverage Map

Coverage Map Placeholder

Lakefield, Minnesota Electric Utility State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Minnesota9981,535,000137100%

Lakefield, Minnesota Electric Utility County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Jackson County9,989610.18$133.88/mo

Power Plants Owned by Lakefield, Minnesota Electric Utility

PlantCity/CountyStatePrimary Fuel TypeProduction (MWh)Emission (kg)Emissions/MWhToxic Chemical ReleaseClosing Date
Lakefield MN Distillate Fuel Oil 2458,229.242,426.22

Lakefield, Minnesota Electric Utility Fuel Makeup

DISTILLATE FUEL OIL
Distillate Fuel Oil
Distillate Fuel Oil
Distillate Fuel Oil
Distillate Fuel Oil
Distillate Fuel Oil
Distillate Fuel Oil
Distillate Fuel Oil
Distillate Fuel Oil
Distillate Fuel Oil
Distillate Fuel Oil
100.00%

Lakefield, Minnesota Electric Utility Reviews

Write a Review of Lakefield, Minnesota Electric Utility

Lakefield, Minnesota Electric Utility FAQ:

Who is the CEO of Lakefield, Minnesota Electric Utility?

The CEO of Lakefield, Minnesota Electric Utility is Rustin Kaderabek.

What percentage of Lakefield, Minnesota Electric Utility's electricity is generated from nonrenewable fuel types?

Lakefield, Minnesota Electric Utility generates 100.00% of their electricity from nonrenewable fuels.

What is the average bundled electricity rate for Lakefield, Minnesota Electric Utility customers?

Lakefield, Minnesota Electric Utility's current average bundled electricity rate is 12.05 cents per kilowatt hour (¢/kWh), compared to the average Minnesota bundled rate of 13.71 cents and the average national rate of 13.67 cents.

What is the average bundled bill for Lakefield, Minnesota Electric Utility customers each month?

Currently, the average monthly bundled electric bill for customers of Lakefield, Minnesota Electric Utility is $89.55. The Minnesota average bundled bill is $100.40 and the national average is $100.40.

How many power plants are owned by or associated with Lakefield, Minnesota Electric Utility?

Lakefield, Minnesota Electric Utility owns or is associated with one power plant.

What is the phone number for Lakefield, Minnesota Electric Utility?

You can reach Lakefield, Minnesota Electric Utility by phone via (507) 662-5457.

What percentage of Lakefield, Minnesota Electric Utility's electricity is generated from renewable fuels?

Electric generation plants owned by or associated with Lakefield, Minnesota Electric Utility produce 0% of their electricity using renewable fuel types.

Last Reviewed By: King Manalo
Published: 2022-08-01