Minnesota Valley Coop Light and Power: Rates and Coverage Area

Minnesota Valley Coop Light and Power

Electricity Rates, Plans & Statistics

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About Minnesota Valley Coop Light and Power

Minnesota Valley Coop Light and Power is an electricity cooperative headquartered in Montevideo, Minnesota and serving customers in 6 counties in Minnesota such as the counties of Lyon County, Renville County, Chippewa County, Swift County, and Yellow Medicine County. At the moment, 4,902 customers are provided electricity by the supplier. These customers are a mix of 0.61% industrial accounts, 6.00% commercial customers and 93.39% residential accounts. Minnesota Valley Coop Light and Power's customers are billed an average residential electricity price of 11.52 cents per kilowatt hour. This is 26.56% below the nationwide average price of 15.68 cents, resulting in the company ranking 668th best for average electricity price out of 2893 providers in the nation. The company had sales of 221,988 megawatt hours in 2022 sold to end users. Wholesale power purchases made up 100.00% of the total electricity sourced by the company . Exactly 234,153 megawatt hours were purchased on wholesale channels. In 2022, the supplier made 99.77% of their revenue from retail electricity sales.

Patrons of the supplier pay an average monthly residential electricity bill of $244.19. This is 79.85% more than the nationwide average of $135.78. The company currently does not produce any of the electricity that they sell. Instead, they must purchase that electricity at wholesale rates from other companies and then resell it at a higher rate to end users.

Minnesota Valley Coop Light and Power Net Metering

Customers of Minnesota Valley Coop Light and Power can take advantage of net metering solutions, which is a positive for both parties. Without net metering, solar panel installation is significantly less economically realistic, as citizens have no way to sell extra energy back into the infrastructure system.

Energy Loss

Energy loss is a fact of life when dealing with electricity transmission. Minnesota Valley Coop Light and Power currently averages a loss of about 5.16% of the aggregate electricity they produce. Minnesota Valley Coop Light and Power's energy loss amounts give them a rank of 39th best out of the 166 providers that operate in Minnesota and report energy loss and 926th best out of 3518 in the US.

Minnesota Valley Coop Light and Power Rate & Electric Bills

Minnesota Valley Coop Light and Power residential electric rates are highest in January and the highest average bill is in November.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.121/kWh$0.097/kWh$299.20/mo.$189.96/mo.
668th11.52¢Minnesota Valley Coop Light and Power's Average residential price per kWh
2923rd$244.19Average monthly electricity bill for Minnesota Valley Coop Light and Power's residential customers

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Minnesota Valley Coop Light and Power Overview

  • Company Type:Cooperative
  • Headquarters:501 South 1st Street
    Montevideo, Minnesota 56265
    United States of America
  • CEO:Pat Carruth

Minnesota Valley Coop Light and Power Contact

Minnesota Valley Coop Light and Power Service

Energy Loss

Minnesota Valley Coop Light and Power's energy loss due to business operations.

-5.16%

Total Energy Loss

12,085MWh

926 National Rank

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Minnesota Valley Coop Light and Power Coverage Map

Coverage Map Placeholder

Minnesota Valley Coop Light and Power State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Minnesota4,90220,704,648.345100%

Minnesota Valley Coop Light and Power County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Chippewa County12,509612.53$213.47/mo
Lac qui Parle County6,753311.42$220.90/mo
Lyon County25,477612.25$200.03/mo
Renville County14,768613.65$234.58/mo
Swift County9,810512.78$184.56/mo
Yellow Medicine County9,616411.91$225.15/mo

Cities Minnesota Valley Coop Light and Power Has Coverage

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

Minnesota Valley Coop Light and Power Reviews

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Minnesota Valley Coop Light and Power FAQ:

What is the phone number for Minnesota Valley Coop Light and Power?

Minnesota Valley Coop Light and Power's customer service phone number is (320) 269-2163

How many counties does Minnesota Valley Coop Light and Power offer service in?

There are 6 counties that receive at least some electricity coverage by Minnesota Valley Coop Light and Power.

How much is the average bundled bill for Minnesota Valley Coop Light and Power customers each month?

Minnesota Valley Coop Light and Power currently has an average monthly bundled electric bill of $244.19, compared to the Minnesota average of $107.54 and the US of $107.54 for bundled service.

What is the average bundled electricity rate for Minnesota Valley Coop Light and Power customers?

The average bundled rate of electricity for customers of Minnesota Valley Coop Light and Power is 11.52 cents per kilowatt hour (¢/kWh).

What cities does Minnesota Valley Coop Light and Power provider electricity in?

Minnesota Valley Coop Light and Power has customers in 9 cities.

Who is the CEO of Minnesota Valley Coop Light and Power?

Pat Carruth is the current CEO of Minnesota Valley Coop Light and Power.

Ginalyn Gelera
Last Reviewed By: Ginalyn Gelera
Published: 2024-03-29