Olivia, Minnesota Electric Utility

Electricity Rates, Plans & Statistics

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About Olivia, Minnesota Electric Utility

Olivia, Minnesota Electric Utility provides electricity for Olivia, Minnesota and is a municipally owned entity. They currently provide electricity to residential, commercial and industrial customer accounts, with a total of 1,051 residential customers, 197 commercial customers and 15 industrial customers signed on for their services. The average residential electricity price for Olivia, Minnesota Electric Utility is roughly 9.13 cents per kilowatt hour, which is 35.27% below the nationwide average rate of 14.11 cents. This makes the provider 288th lowest for average electricity price out of 2923 providers in the nation. About 26,778 megawatt hours were sold by the supplier to retail customers in 2019. The electricity sourced by the supplier primarily came from megawatt hours that they acquired by way of wholesale channels. They purchased 29,675 megawatt hours on the wholesale market. Their total revenue for 2019 was $2,675,900 and came from sales to retail electricity customers alone.

Patrons of the provider pay an average residential power bill of $78.92. This is 18.29% less than the state average of $101.96. The provider does not have ownership in any electricity generation facilities and all of the megawatt hours that they sell to their consumers must be purchased wholesale from other providers.

Olivia, Minnesota Electric Utility Rate & Electric Bills

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

Historical Electricity Rates:

Price Per kWhAverage Bill$0.091/kWh$0.091/kWh$83.94/mo.$78.52/mo.
288th9.13¢Olivia, Minnesota Electric Utility's Average residential price per kWh
381st$78.92Average monthly electricity bill for Olivia, Minnesota Electric Utility's residential customers

Olivia, Minnesota Electric Utility Overview

  • Company Type:Municipal
  • Headquarters:1009 West Lincoln Avenue
    Olivia, Minnesota 56277
    United States of America
  • Director/Superintendent:Troy Fuoss

Olivia, Minnesota Electric Utility Contact

Olivia, Minnesota Electric Utility Service

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Olivia, Minnesota Electric Utility Coverage Map

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Olivia, Minnesota Electric Utility State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Minnesota1,2632,613,400120100%

Olivia, Minnesota Electric Utility County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Renville County14,723612.74$225.94/mo

Olivia, Minnesota Electric Utility Reviews

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Olivia, Minnesota Electric Utility FAQ:

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

Olivia, Minnesota Electric Utility currently has an average monthly bundled electric bill of $78.92, compared to the Minnesota average of $101.96 and the United States average of $101.96 for bundled service.

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

You can reach Olivia, Minnesota Electric Utility by phone via (320) 523-2361.

Who is the CEO of Olivia, Minnesota Electric Utility?

Troy Fuoss is the CEO of Olivia, Minnesota Electric Utility.

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

Olivia, Minnesota Electric Utility's current average bundled electricity rate is 9.13 cents per kilowatt hour (¢/kWh), compared to the average state bundled rate of 14.13 cents and the average national rate of 14.11 cents.

Last Reviewed By: Matt Hope
Published: 2022-08-01