P K M Electric Cooperative
Electricity Rates, Plans & Statistics
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About P K M Electric Cooperative
The provider last reported a total of 4,003 customers, 93.13% of which are residential customers and 6.87% of which are commercial accounts. P K M Electric Cooperative's consumers are billed an average residential electricity rate of 13.34 cents per kilowatt hour. Thankfully, this is 11.59% below the state's average rate of 15.09 cents, ranking the company at 111th out of 175 companies in the state for lowest average electricity price. In 2019 they sold 112,024 megawatt hours by way of retail sales to end users. During the same timeframe, P K M Electric Cooperative procured 119,278 megawatt hours via wholesale electricity channels. Their total revenue in 2019 was $14,032,000 and came from sales to retail electricity customers alone.
Patrons of the provider have an average monthly residential electricity bill of $208.82. This is 76.31% higher than the Minnesota average bill of $107.55. Electricity production is not part of the P K M Electric Cooperative business plan, as they purchase power at wholesale rates to then be resold to their customers.
Thankfully, P K M Electric Cooperative allows their consumers to take part in net metering programs. Net metering allows private individuals to sell wattage back to their provider, making the installation of solar panels and other alternative electricity sources a cheaper endeavor.
P K M Electric Cooperative Rate & Electric Bills
P K M Electric Cooperative residential electric rates are highest in January and the highest average bill is in February.
Historical Electricity Rates:
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P K M Electric Cooperative Overview
- Company Type:Cooperative
- Headquarters:406 North Minnesota Street
Warren, Minnesota 56762
United States of America - CEO:Mike Schmidt
P K M Electric Cooperative Contact
- Website:www.pkmcoop.com
- Customer Service Phone:(218) 745-4711
- Contact Page:www.pkmcoop.com
P K M Electric Cooperative Service
- Rates & Plans:www.pkmcoop.com
- Outage Phone:(218) 745-4711
- States Served:
- Minnesota
- Counties Served:
- Polk County
- Marshall County
- Kittson County
- Major Cities Served:
- Alvarado
- Table Of Contents:
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P K M Electric Cooperative Coverage Map
P K M Electric Cooperative State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| Minnesota | 4,003 | 13,883,000 | 66 | 100% |
P K M Electric Cooperative County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Kittson County | 4,213 | 2 | 13.31 | $207.17/mo |
| Marshall County | 9,082 | 7 | 13.35 | $196.43/mo |
| Polk County | 31,303 | 9 | 12.78 | $193.85/mo |
P K M Electric Cooperative Reviews
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P K M Electric Cooperative FAQ:
What is the average bundled electricity rate for P K M Electric Cooperative customers?
The average bundled price of electricity for consumers of P K M Electric Cooperative is 13.34 cents per kilowatt hour (¢/kWh).
What is the average bundled bill for P K M Electric Cooperative customers each month?
The average monthly bundled electric bill for customers of P K M Electric Cooperative is $208.82. The Minnesota average bundled bill is $107.55 and the nationwide average is $107.55.
Who is the CEO of P K M Electric Cooperative?
The current CEO of P K M Electric Cooperative is Mike Schmidt.
What is the phone number for P K M Electric Cooperative?
The P K M Electric Cooperative phone number is (218) 745-4711.
How many counties does P K M Electric Cooperative provider electricity in?
There are 3 counties that receive at least some electricity coverage by P K M Electric Cooperative.
