Minnesota Valley Electric Cooperative

Electricity Rates, Plans & Statistics

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About Minnesota Valley Electric Cooperative

Minnesota Valley Electric Cooperative is an electricity cooperative. The largest county served by Minnesota Valley Electric Cooperative is Scott County, but the company also supplies electricity in 6 counties in the state of Minnesota. Electricity companies must regularly report their customer counts to government agencies. In the most recent report the provider listed a total of 44,020 customers receiving electricity from the company. Exactly 4,126 of these customers are commercial accounts and 39,894 are residential properties. Customers of Minnesota Valley Electric Cooperative pay an average residential electricity rate of 11.81 cents per kilowatt hour. This is 16.40% lower than Minnesota's average rate of 14.13 cents, ranking the provider at 73rd out of 180 providers in Minnesota for best average electricity price. Approximately 852,797 megawatt hours were sold by the provider to retail customers in 2020. The electricity sourced by Minnesota Valley Electric Cooperative is made up of primarily wholesale purchased megawatt hours, with 880,709 procured by the company. The revenue for Minnesota Valley Electric Cooperative for 2020 from electricity sales was $91,139,000, with $90,942,000 from retail sales to end users.

The US average monthly residential electricity bill is $125.95, while the Minnesota Valley Electric Cooperative average is 3.39% less at $121.68 per month. This is the 1867th lowest average monthly bill amount for a provider in the nation. The supplier currently does not produce their own electricity. Instead, they must purchase that electricity at wholesale rates and then resell it to end users.

Minnesota Valley Electric Cooperative Net Metering

Net metering services are offered to consumers of Minnesota Valley Electric Cooperative. Net metering makes solar panel purchases more economically feasible as it gives the ability for people to sell electricity into the grid.

Energy Loss

Loss of electricity from heat dissipation during electricity transmission and other causes is part of being in the electricity generation business. Electricity providers must report these losses. Minnesota Valley Electric Cooperative reported a yearly loss of approximately 3.03% of the electricity that they generate. The state of Minnesota has an energy loss average of 2.22% and the nationwide average is 2.76%, giving Minnesota Valley Electric Cooperative a rank of 14th best out of 166 providers who report energy loss in Minnesota.

Minnesota Valley Electric Cooperative Rate & Electric Bills

Minnesota Valley Electric Cooperative residential electric rates are highest in January and the highest average bill is in April.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.119/kWh$0.116/kWh$124.30/mo.$117.22/mo.
1355th11.81¢Minnesota Valley Electric Cooperative's Average residential price per kWh
1867th$121.68Average monthly electricity bill for Minnesota Valley Electric Cooperative's residential customers

Minnesota Valley Electric Cooperative Overview

  • Company Type:Cooperative
  • Headquarters:125 Minnesota Valley Electric Drive
    Jordan, Minnesota 55352
    United States of America
  • CEO:Ryan Hentges

Minnesota Valley Electric Cooperative Contact

Minnesota Valley Electric Cooperative Service

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Energy Loss

Minnesota Valley Electric Cooperative's energy loss due to business operations.

-3.03%

Total Energy Loss

26,713MWh

371 National Rank

Minnesota Valley Electric Cooperative Coverage Map

Coverage Map Placeholder

Minnesota Valley Electric Cooperative State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Minnesota44,02090,942,00011100%

Minnesota Valley Electric Cooperative County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Carver County106,922413.63$121.18/mo
Le Sueur County28,674612.32$117.91/mo
Rice County67,097514.23$124.05/mo
Scott County150,928512.54$113.42/mo
Sibley County14,836812.95$164.23/mo
Waseca County18,968614.60$117.41/mo

Cities Minnesota Valley Electric Cooperative Has Coverage

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

Minnesota Valley Electric Cooperative Reviews

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Minnesota Valley Electric Cooperative FAQ:

How many counties does Minnesota Valley Electric Cooperative provider electricity in?

Minnesota Valley Electric Cooperative supplies electricity to customers in 6 counties throughout the country.

What is the average bundled electricity rate for Minnesota Valley Electric Cooperative customers?

Minnesota Valley Electric Cooperative's current average bundled electricity rate is 11.81 cents per kilowatt hour (¢/kWh), compared to the average Minnesota bundled rate of 14.13 cents and the average United States rate of 14.11 cents.

Who is the CEO of Minnesota Valley Electric Cooperative?

Minnesota Valley Electric Cooperative's CEO is Ryan Hentges.

What is the phone number for Minnesota Valley Electric Cooperative?

Minnesota Valley Electric Cooperative's customer service phone number is (952) 492-2313

What cities does Minnesota Valley Electric Cooperative have customers in to?

Minnesota Valley Electric Cooperative supplies to 26 cities.

How much is the average bundled bill for Minnesota Valley Electric Cooperative customers each month?

Minnesota Valley Electric Cooperative currently has an average monthly bundled electric bill of $121.68, compared to the Minnesota average of $101.96 and the United States average of $101.96 for bundled service.

Last Reviewed By: Ginalyn Gelera
Published: 2022-09-19