Mountain Lake Electric

About Mountain Lake Electric

Mountain Lake Electric provides electricity in Mountain Lake in Cottonwood County, Minnesota. A total of 975 customers (83.18% residential properties, 15.18% commercial customers and 1.64% industrial properties) are supplied electricity by the company. On average, Mountain Lake Electric's patrons spend 13.62 cents per kilowatt hour for their residential electricity, which is 12.36% lower than Minnesota's average price of 15.54 cents and 13.55% lower than the nationwide average of 15.76 cents. They had total sales and disposition of 30,658 megawatt hours in 2019, of which 26,770 megawatt hours were via sales to end users. The electricity they sourced consisted of megawatt hours produced by the company in electricity plants they own and supplementary megawatt hours purchased on the wholesale electricity market. The provider made $2,720,000 in total revenue for 2019 through retail electricity sales alone.

The average residential electricity bill for a consumer of Mountain Lake Electric is $98.19 per month. Customers of the company pay a 27.45% markdown compared to other residents of the country. They rank 239th out of the 3526 companies we track in the United States for their ratio of renewable versus non-renewable fuel sources used. Mountain Lake Electric is the 107th largest provider out of 162 providers in the state based on total megawatt hours sold. The company's production facilities generate 45.28 megawatt hours from the burning of natural gas. This amount makes them 401st highest provider in the United States out of 3526 companies for total natural gas production.