Newfolden, Minnesota Electric Utility

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Newfolden, Minnesota Electric Utility Rate & Electric Bills

Newfolden, Minnesota Electric Utility residential electric rates are highest in January and the highest average bill is in July.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.112/kWh$0.111/kWh$115.28/mo.$114.01/mo.
1048th11.25¢Newfolden, Minnesota Electric Utility's Average residential price per kWh
1604th$114.01Average monthly electricity bill for Newfolden, Minnesota Electric Utility's residential customers

About Newfolden, Minnesota Electric Utility

Newfolden, Minnesota Electric Utility is a municipally owned entity with headquarters in Newfolden , Minnesota and serving customers in Minnesota. The supplier has 182 residential customers and 57 commercial customers within their service area that they provide electricity to. On average, Newfolden, Minnesota Electric Utility charges their consumers a residential electricity rate of 11.25 cents per kilowatt hour. Thankfully, this is 17.95% below Minnesota's average rate of 13.71 cents, which ranks the supplier 54th best for average electricity rate out of 180 companies in Minnesota. There were a total of 3,054 megawatt hours sold to retail consumers in 2019 by the provider. The megawatt hours sourced by the provider primarily came from megawatt hours that they purchased by way of the wholesale market. They purchased 3,054 wholesale megawatt hours. The total revenue for the company in 2019 from electricity sales was $341,000, with all revenue coming from retail sales to end users.

The Minnesota average monthly residential electricity bill is $100.4, while the Newfolden, Minnesota Electric Utility average is 11.25% higher at $114.01 per month. Newfolden, Minnesota Electric Utility ranks 115th in the state for average monthly bill total. Electricity production is not handled in house at the company, as they purchase power at wholesale rates from other suppliers and then resell to their customers.

Newfolden, Minnesota Electric Utility Overview

  • Company Type:Municipal
  • Headquarters:145 East First Street
    Newfolden , Minnesota 56738
    United States of America

Newfolden, Minnesota Electric Utility Contact

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    Newfolden, Minnesota Electric Utility Coverage Map

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    Newfolden, Minnesota Electric Utility State Coverage

    StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
    Minnesota239341,000166100%

    Newfolden, Minnesota Electric Utility County Coverage

    CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
    Marshall County9,040713.40$197.81/mo

    Newfolden, Minnesota Electric Utility Reviews

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    Newfolden, Minnesota Electric Utility FAQ:

    What is the average bundled bill for Newfolden, Minnesota Electric Utility customers each month?

    The average monthly bundled electric bill for customers of Newfolden, Minnesota Electric Utility is $114.01. The Minnesota average bundled bill is $100.40 and the United States average is $100.40.

    What is the average bundled electricity rate for Newfolden, Minnesota Electric Utility customers?

    The average bundled price of electricity for customers of Newfolden, Minnesota Electric Utility is 11.25 cents per kilowatt hour (¢/kWh).

    What is the phone number for Newfolden, Minnesota Electric Utility?

    You can reach Newfolden, Minnesota Electric Utility by phone via (218) 874-7135.

    Last Reviewed By: Alex Zdanov
    Published: 2022-08-01