Otter Tail Power Company

About Otter Tail Power Company

Otter Tail Power Company is an investor owned company located in Fergus Falls, Minnesota and providing power to customers in 3 states in the United States including in major cities like Jamestown, Bemidji, Alexandria, Fergus Falls, and Wahpeton. Presently, 134,488 consumers are supplied electricity by the supplier. These customers are a mix of 13 industrial locations, 29,783 commercial accounts and 104,692 residential properties. Otter Tail Power Company's customers pay an average residential electricity rate of 11.73 cents per kilowatt hour, which is, luckily for their customers, 27.09% less than the average nationwide price of 16.08 cents. They engaged in both the end user sales and wholesale sales in 2023, with sales to end users adding up to 5,772,215 megawatt hours and wholesale sales to other providers totaling 135,575 megawatt hours. The megawatt hours sourced by the supplier came from a mixture of electricity generation from electricity facilities owned by Otter Tail Power Company and additional megawatt hours that they acquired via wholesale channels. They generated 3,519,913 megawatt hours and purchased 2,787,689 megawatt hours on the wholesale market. In 2023 they had total electricity related revenue of $524,114,400, with 86.42% coming from retail sales and 2.38% from sales to the wholesale market.

The average monthly residential electricity bill for a customer of Otter Tail Power Company is $99.51, while the nationwide average is $140.1. Customers of the company pay 28.97% less compared to other citizens of the country. The supplier ranks 79th in the United States out of 3530 companies for megawatt hours produced from solar. There are 1,613,411.21 megawatt hours produced by the supplier from the burning of coal. Consumers of the company are faced with 1.68 power outages a year with outages lasting on average 115.93 minutes.