McLeod Cooperative Power

About McLeod Cooperative Power

McLeod Cooperative Power operates in 11 cities and is considered an electric cooperative. Recently, the company reported a total customer count of 6,928 accounts. Exactly 5 of these customers are industrial customers, 485 are commercial customers and 6,438 are residential customers. Consumers of McLeod Cooperative Power are charged an average residential electricity rate of 13.28 cents per kilowatt hour, which is 0.90% below the average state price of 13.40 cents. They sold 170,218 megawatt hours by way of retail sales in 2019. During the same timeframe, the company acquired 177,995 megawatt hours through wholesale channels. In 2019, the company made a total of $20,811,200 from business activities relating to the sale and transfer of electricity. They had revenue of $20,466,500 from retail sales to end users.

Patrons of the provider have an average monthly residential electricity bill of $190.45. This is 61.50% above the US average bill of $117.93. Electricity production is not part of the McLeod Cooperative Power business plan, as they purchase electricity at wholesale rates from other providers and then resell to their end users.

McLeod Cooperative Power Net Metering

Offering net metering to customers is a win-win situation for McLeod Cooperative Power and any individuals who get their electricity from the company. This is a positive for any consumer considering installing private solar panels, as net metering allows them to sell their unused electricity into the grid.

McLeod Cooperative Power Rate & Electric Bills

McLeod Cooperative Power residential electric rates are highest in January and the highest average bill is in January.

Historical Electric Rates:

Price Per kWHAverage Bill$0.133/kWh$0.131/kWh$193.97/mo.$188.53/mo.
2062nd13.28¢McLeod Cooperative Power 's Average residential price per kWh
2889th$190.45Average monthly electric bill for McLeod Cooperative Power 's residential customers

McLeod Cooperative Power Overview

  • Company Type:Cooperative
  • Headquarters:3515 11th Street East
    Glencoe, Minnesota 55336
    United States of America
  • CEO:Ron Meier

McLeod Cooperative Power Contact

McLeod Cooperative Power Service

McLeod Cooperative Power Coverage Map

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McLeod Cooperative Power State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Minnesota6,92820,310,40045100%

McLeod Cooperative Power County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Carver County105,089413.16$118.69/mo
McLeod County35,893510.91$96.63/mo
Renville County14,548412.67$226.30/mo
Sibley County14,865713.04$124.38/mo

Cities McLeod Cooperative Power Has Coverage

  • Arlington, MN
  • Buffalo Lake, MN
  • Glencoe, MN
  • Hector, MN
  • Lester Prairie, MN
  • Mayer, MN
  • New Auburn, MN
  • New Germany, MN
  • Norwood Young America, MN
  • Winsted, MN
  • Winthrop, MN

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

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McLeod Cooperative Power FAQ:

What is the average bundled electricity rate for McLeod Cooperative Power customers?

McLeod Cooperative Power s current average bundled electricity rate is 13.28 cents per kilowatt hour (¢/kWh), compared to the average Minnesota bundled rate of 13.40 cents and the average US rate of 13.26 cents.

Who is the CEO of McLeod Cooperative Power ?

McLeod Cooperative Power ’s CEO is Ron Meier.

How much is the average bundled bill for McLeod Cooperative Power customers each month?

McLeod Cooperative Power currently has an average monthly bundled electric bill of $190.45, compared to the Minnesota average of $104.42 and the United States average of $104.42 for bundled service.

How many counties does McLeod Cooperative Power provider electricity to?

McLeod Cooperative Power offers service in 4 counties in the country.

What is the phone number for McLeod Cooperative Power ?

The McLeod Cooperative Power phone number is (320) 864-3148.

What cities does McLeod Cooperative Power sell electricity to?

McLeod Cooperative Power has customers in 11 cities throughout the United States including, Minnesota.

Last Reviewed By: Nick Reese
Published: 2021-03-16Last Updated: 2022-01-10