McLeod Cooperative Power: Rates and Coverage Area

McLeod Cooperative Power

Electricity Rates, Plans & Statistics

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About McLeod Cooperative Power

McLeod Cooperative Power is an electricity cooperative headquartered in Glencoe, Minnesota and serving customers in 12 cities in Minnesota such as the cities of Glencoe, Norwood Young America, Arlington, Mayer, and Gaylord. McLeod Cooperative Power bills their consumers a residential electricity rate of 13.70 cents per kilowatt hour on average, which is 13.62% below the average state price of 15.86 cents. In 2019 the company sold 95.63% of their total megawatt hours disposed via normal retail sales to end users. During the same timeframe, the provider acquired 177,995 megawatt hours via the wholesale electricity market. In 2019, the company earned 98.34% of their revenue from retail electricity sales to end users. Their revenue from electricity activities was $20,811,200.

The average residential electricity bill for a customer of McLeod Cooperative Power is $199.05 per month. Consumers of the provider pay a 66.52% markup compared to other residents of Minnesota. The provider currently does not generate any of the electricity that they sell. Instead, they must purchase that electricity at wholesale rates from other providers and then resell it to end consumers.

McLeod Cooperative Power Net Metering

Consumers of McLeod Cooperative Power have the ability to participate in net metering options. This makes it easier for people who are interested to install solar and other electricity options as they have the ability to sell unneeded wattage back to the grid.

McLeod Cooperative Power Rate & Electric Bills

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

Historical Electricity Rates:

Price Per kWhAverage Bill$0.148/kWh$0.118/kWh$259.40/mo.$153.89/mo.
1439th13.70¢McLeod Cooperative Power 's Average residential price per kWh
2755th$199.05Average monthly electricity bill for McLeod Cooperative Power 's residential customers

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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

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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
Minnesota7,27721,976,724.948100%

McLeod Cooperative Power County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Carver County110,034415.30$127.52/mo
McLeod County36,662513.79$180.58/mo
Renville County14,768613.64$237.55/mo
Sibley County14,948814.00$172.58/mo

Cities McLeod Cooperative Power Has Coverage

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

McLeod Cooperative Power Reviews

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McLeod Cooperative Power FAQ:

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

Currently, the average monthly bundled electric bill for customers of McLeod Cooperative Power is $199.05. The state average bundled bill is $106.37 and the US average is $106.37.

What is the phone number for McLeod Cooperative Power ?

McLeod Cooperative Power 's customer service phone number is (320) 864-3148

What cities does McLeod Cooperative Power sell electricity to?

McLeod Cooperative Power provides electricity to 12 cities in the United States.

Who is the CEO of McLeod Cooperative Power ?

The CEO of McLeod Cooperative Power is Ron Meier.

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

Consumers of McLeod Cooperative Power , on average, have an electricity bundled rate 13.70 cents per kilowatt hour (¢/kWh).

How many counties does McLeod Cooperative Power have customers in in?

There are 4 counties that receive at least some electricity coverage by McLeod Cooperative Power including Minnesota.

King Manalo
Last Reviewed By: King Manalo
Published: 2024-10-29