Minnesota Valley Electric Cooperative

About Minnesota Valley Electric Cooperative

Minnesota Valley Electric Cooperative is an electric cooperative. The largest city served by the company is Eden Prairie, but the company also provides electricity in 28 cities in the state. At the time of the most recent government reports, the provider reported a total of 44,020 electricity customers signed on to receive electricity from the company. This total is made up of 9.37% commercial customers and 90.63% residential customer accounts. Consumers of Minnesota Valley Electric Cooperative pay an average residential electricity rate of 11.81 cents per kilowatt hour. This is, thankfully, 11.89% below the state's average rate of 13.40 cents, which ranks the provider 74th out of 180 providers in the state for lowest average electricity price. Around 852,797 megawatt hours were sold by the supplier 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. Their revenue in 2020 from electricity related activities was $91,139,000, with $90,942,000 from retail sales to end users.

The average monthly residential electricity bill for a consumer of Minnesota Valley Electric Cooperative is $121.68 per month. Consumers of the company pay 14.64% more compared to other citizens of Minnesota. The company does not have ownership in any electricity plants and all of the megawatt hours that they sell to their consumers must be purchased from other providers.

Minnesota Valley Electric Cooperative Net Metering

Minnesota Valley Electric Cooperative is one of 92 electric companies in Minnesota who offer net metering to their customers. This is a positive for any consumer potentially installing personal solar panels, as net metering allows them to sell their excess kilowatt hours back into the grid.

Energy Loss

Providers routinely report energy lost through electricity transmission to government agencies who track electricity grid efficiencies. Minnesota Valley Electric Cooperative recently reported a loss of 3.03% of their electricity production amount. The state average for energy loss is 2.22% and the United States average is 2.76%. This results in Minnesota Valley Electric Cooperative getting a ranking of 14th best out of 169 electricity companies in the state and 372nd best out of 3510 providers in the United States.

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 Electric Rates:

Price Per kWHAverage Bill$0.119/kWh$0.116/kWh$124.30/mo.$117.22/mo.
1432nd11.81¢Minnesota Valley Electric Cooperative's Average residential price per kWh
1947th$121.68Average monthly electric 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

Energy Loss

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

-3.03%

Total Energy Loss

26,713MWh

372 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 County105,089413.16$118.69/mo
Le Sueur County28,887613.06$94.63/mo
Rice County66,972513.87$122.23/mo
Scott County149,013412.37$112.95/mo
Sibley County14,865713.04$124.38/mo
Waseca County18,612514.08$114.78/mo

Cities Minnesota Valley Electric Cooperative Has Coverage

  • Arlington, MN
  • Belle Plaine, MN
  • Burnsville, MN
  • Carver, MN
  • Chanhassen, MN
  • Chaska, MN
  • Cleveland, MN
  • Cologne, MN
  • Eden Prairie, MN
  • Elko New Market, MN
  • Elysian, MN
  • Green Isle, MN
  • Heidelberg, MN
  • Henderson, MN
  • Jordan, MN
  • Kilkenny, MN
  • Le Center, MN
  • Le Sueur, MN
  • Lonsdale, MN
  • Mayer, MN
  • Montgomery, MN
  • New Prague, MN
  • Norwood Young America, MN
  • Prior Lake, MN
  • Savage, MN
  • Victoria, MN
  • Waconia, MN
  • Waterville, MN

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

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Minnesota Valley Electric Cooperative FAQ:

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

Customers of Minnesota Valley Electric Cooperative, on average, have an electricity bundled rate 11.81 cents per kilowatt hour (¢/kWh).

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

Consumers of Minnesota Valley Electric Cooperative pay, on average, a monthly bundled bill of $121.68.

What is the phone number for Minnesota Valley Electric Cooperative?

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

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

Minnesota Valley Electric Cooperative supplies electricity in 6 counties.

Who is the CEO of Minnesota Valley Electric Cooperative?

The current CEO of Minnesota Valley Electric Cooperative is Ryan Hentges.

What cities does Minnesota Valley Electric Cooperative offer service to?

Minnesota Valley Electric Cooperative provides electricity in 28 cities throughout the country including, Minnesota.

Last Reviewed By: Ginalyn Gelera
Published: 2021-03-16Last Updated: 2022-01-05