Mille Lacs Electric: Rates and Coverage Area

Mille Lacs Electric

Electricity Rates, Plans & Statistics

High Power Bills?

Reduce or replace your electricity bill with solar

About Mille Lacs Electric

Mille Lacs Electric supplies electricity to 3 counties in Minnesota. The entity is an electricity cooperative. They currently provide electricity to residential, commercial and industrial customer accounts, with a total of 118 industrial customers, 1,335 commercial accounts and 14,907 residential customer accounts subscribed. Mille Lacs Electric's customers spend, on average, 18.66 cents per kilowatt hour for their electricity, which is 17.32% higher than the average Minnesota rate of 15.90 cents and 15.53% above the US average of 16.15. In 2023 they sold 94.67% of their megawatt hours to end users (known as retail sales). The electricity they sourced consisted of megawatt hours that they acquired on wholesale channels. They purchased 206,458 wholesale megawatt hours. Their revenue for 2023 from electricity related activities was $30,686,100, with 98.78% coming from retail sales to end users.

The average monthly residential electric bill for a customer of Mille Lacs Electric is $125.46. Consumers of the company deal with 1.18 power outages on average per year, with outages lasting an average of 153.59 minutes. The national averages for these data points are 1.44 outages at 123.49 minutes each. The company is not associated with any power plants and all of the electricity that they sell to their consumers must be purchased from other companies.

Mille Lacs Electric Net Metering

Net metering is offered to customers of Mille Lacs Electric. This is a positive for any consumer potentially installing solar panels, as net metering allows them to sell their unneeded electricity back to the grid.

Energy Loss

Mille Lacs Electric reports energy loss of 5.09% of their generation during transmission. The state average for energy loss is 1.62% and the US average is 2.43%. This leaves Mille Lacs Electric with a ranking of 42nd best out of 163 companies in Minnesota and 1067th best out of 3530 suppliers in the United States.

Mille Lacs Electric Rate & Electric Bills

Mille Lacs Electric residential electric rates are highest in June and the highest average bill is in January.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.198/kWh$0.126/kWh$163.01/mo.$82.26/mo.
2637th18.66¢Mille Lacs Electric's Average residential price per kWh
1315th$125.46Average monthly electricity bill for Mille Lacs Electric's residential customers

Go Solar for less than your cell phone bill.

Mille Lacs Electric Overview

  • Company Type:Cooperative
  • Headquarters:36559 US Highway 169
    Aitkin, Minnesota 56431
    United States of America

Mille Lacs Electric Contact

Mille Lacs Electric Service

Energy Loss

Mille Lacs Electric's energy loss due to business operations.

-5.09%

Total Energy Loss

10,508MWh

1067 National Rank

Grid Reliability

Length & Frequency of Mille Lacs Electric's Power Outages

153.59 min.

vs. national average of 123.49 min.

1.18 outages/yr

vs. national average of 1.44

Power Outages

Currently, 0 customers are being tracked in Mille Lacs Electric.

Learn more

Customers Out:

0

Go Solar for less than your cell phone bill.

Mille Lacs Electric Coverage Map

Coverage Map Placeholder

Mille Lacs Electric State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Minnesota16,36832,701,048.3735100%

Mille Lacs Electric County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Aitkin County15,747417.85$137.06/mo
Crow Wing County67,948414.58$116.02/mo
Mille Lacs County26,397217.41$138.06/mo

Cities Mille Lacs Electric Has Coverage

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

Mille Lacs Electric Reviews

Write a Review of Mille Lacs Electric

Mille Lacs Electric FAQ:

When will Mille Lacs Electric power be restored?

Average outage times for Mille Lacs Electric are approximately 153.59 minutes per outage.

What is the phone number for Mille Lacs Electric?

Mille Lacs Electric's customer service phone number is (800) 450-2191

How many counties does Mille Lacs Electric provider electricity in?

Mille Lacs Electric supplies electricity to customers in 3 counties throughout the nation including Minnesota.

What cities does Mille Lacs Electric have customers in in?

Mille Lacs Electric provides electricity to 5 cities throughout the nation including Minnesota.

What is the average bundled bill for Mille Lacs Electric customers each month?

Consumers of Mille Lacs Electric pay, on average, a monthly bundled bill of $125.46.

What is the average bundled electricity rate for Mille Lacs Electric customers?

Consumers of Mille Lacs Electric, on average, have an electricity bundled rate 18.66 cents per kilowatt hour (¢/kWh).

Matt Hope
Last Reviewed By: Matt Hope
Published: 2024-07-07