Mountain Lake Electric

About Mountain Lake Electric

Mountain Lake Electric provides electricity in Mountain Lake in Cottonwood County, Minnesota. On average, Mountain Lake Electric's patrons pay a residential electricity rate of 14.87 cents per kilowatt hour, which is 6.24% lower than the average Minnesota rate of 15.86 cents and 8.31% below the national average of 16.22. In 2019 Mountain Lake Electric sold 87.32% of their megawatt hours to end users (known as retail sales). The electricity sourced by the company is made up of multiple sources including megawatt hours they generate in their electricity facilities and other megawatt hours acquired via wholesale channels. These categories make up 9.20% and 91.17%, respectively, of all electricity sourced. In 2019, the provider earned $2,720,000 in total revenue solely through retail electricity sales.

The average residential electricity bill for a consumer of Mountain Lake Electric is $116.84 per month. Customers of the company pay a 18.51% markdown compared to other residents of the country. Electricity production from sustainable fuel sources by the company totals 2,259 megawatt hours. This ranks the company 53rd out of the 163 suppliers we track in the state. Electricity production plants managed by the provider use non-renewable fuel types to generate 2.21% of their total electricity production, or 51 megawatt hours. This total ranks them at 559th in the country out of 3530 companies. Mountain Lake Electric is the 2341st largest provider out of 3530 electricity companies in the US based on customer count.