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 15.04 cents per kilowatt hour, which is 5.45% lower than the average Minnesota rate of 15.90 cents and 6.90% below the national average of 16.15. 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 $110.42 per month. Customers of the company pay a 22.44% markdown compared to other residents of the country. They rank 230th out of the 3530 companies we track in the United States for their ratio of renewable versus non-renewable fuel sources used. Mountain Lake Electric is the 110th largest provider out of 163 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 398th highest provider in the United States out of 3530 companies for total natural gas production.