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, 5,288 customers are provided electricity by the supplier. These customers are a mix of 0.70% industrial accounts, 5.79% commercial customers and 93.51% residential accounts. Minnesota Valley Coop Light and Power's customers are billed an average residential electricity price of 10.94 cents per kilowatt hour. This is 22.50% below the nationwide average price of 14.11 cents, resulting in the company ranking 890th best for average electricity price out of 2923 providers in the nation. The company had sales of 194,347 megawatt hours in 2020 sold to end users. Wholesale power purchases made up 100.00% of the total electricity sourced by the company . Exactly 208,000 megawatt hours were purchased on wholesale channels. In 2020, the supplier made 99.76% of their revenue from retail electricity sales.
Patrons of the supplier pay an average monthly residential electricity bill of $230.68. This is 83.14% more than the nationwide average of $125.95. 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.
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 is a fact of life when dealing with electricity transmission. Minnesota Valley Coop Light and Power currently averages a loss of about 6.53% of the aggregate electricity they produce. Minnesota Valley Coop Light and Power's energy loss amounts give them a rank of 44th best out of the 166 providers that operate in Minnesota and report energy loss and 1231st best out of 3509 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 August.
Historical Electricity Rates:
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
- Website:www.mnvalleyrec.com
- Customer Service Phone:(320) 269-2163
- Contact Page:www.mnvalleyrec.com
- Social Media:
Minnesota Valley Coop Light and Power Service
- Rates & Plans:www.mnvalleyrec.com
- States Served:
- Minnesota
- Counties Served:
- Lyon County
- Renville County
- Chippewa County
- Swift County
- Yellow Medicine County
- Major Cities Served:
- Montevideo
- Granite Falls
- Canby
- Madison
- Dawson
- Hanley Falls
- Bellingham
- Boyd
- Taunton
- Table Of Contents:
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Energy Loss
Minnesota Valley Coop Light and Power's energy loss due to business operations.
Total Energy Loss
13,574MWh
1231 National Rank
Minnesota Valley Coop Light and Power Coverage Map
Minnesota Valley Coop Light and Power State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| Minnesota | 5,288 | 19,832,600 | 47 | 100% |
Minnesota Valley Coop Light and Power County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Chippewa County | 12,598 | 6 | 11.77 | $202.36/mo |
| Lac qui Parle County | 6,719 | 3 | 11.08 | $211.70/mo |
| Lyon County | 25,269 | 6 | 11.69 | $192.08/mo |
| Renville County | 14,723 | 6 | 12.74 | $225.94/mo |
| Swift County | 9,838 | 5 | 12.33 | $184.68/mo |
| Yellow Medicine County | 9,528 | 4 | 11.31 | $213.62/mo |
Cities Minnesota Valley Coop Light and Power Has Coverage
- Bellingham, MN
- Boyd, MN
- Canby, MN
- Dawson, MN
- Granite Falls, MN
- Hanley Falls, MN
- Madison, MN
- Montevideo, MN
- Taunton, MN
* 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 $230.68, compared to the Minnesota average of $101.96 and the US of $101.96 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 10.94 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.
