P K M Electric Cooperative
Electricity Rates, Plans & Statistics
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About P K M Electric Cooperative
P K M Electric Cooperative provides electricity for 8 cities in Minnesota such as the cities of Warren, Hallock, Karlstad, Stephen, and Lancaster. The entity is an electricity cooperative. At the time of the most recent government reports, the provider showed a total of 4,176 electricity customers. This total is made up of 3,892 residential customer accounts and 284 commercial properties. On average, P K M Electric Cooperative's patrons spend 14.24 cents per kilowatt hour for their residential electricity, which is 10.50% less than the average state price of 15.91 cents. Of the 119,278 megawatt hours the provider sold and dispossessed, 93.92% were via sales to end users. The electricity they sourced consisted of megawatt hours purchased by way of the wholesale market. They purchased 119,278 wholesale megawatt hours. The provider earned a total of $14,032,000 in 2019 through electricity sales to retail consumers.
Patrons of the provider have an average monthly residential electricity bill of $220.56. This is 80.43% higher than the Minnesota average bill of $106.96. Electricity production is not part of the P K M Electric Cooperative business plan, as they purchase power at wholesale rates to then be resold to their customers.
Thankfully, P K M Electric Cooperative allows their consumers to take part in net metering programs. Net metering allows private individuals to sell wattage back to their provider, making the installation of solar panels and other alternative electricity sources a cheaper endeavor.
P K M Electric Cooperative Rate & Electric Bills
P K M Electric Cooperative residential electric rates are highest in June and the highest average bill is in January.
Historical Electricity Rates:
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P K M Electric Cooperative Overview
- Company Type:Cooperative
- Headquarters:406 North Minnesota Street
Warren, Minnesota 56762
United States of America - CEO:Mike Schmidt
P K M Electric Cooperative Contact
- Website:www.pkmcoop.com
- Customer Service Phone:(218) 745-4711
- Contact Page:www.pkmcoop.com
P K M Electric Cooperative Service
- Rates & Plans:www.pkmcoop.com
- Outage Phone:(218) 745-4711
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P K M Electric Cooperative Coverage Map
P K M Electric Cooperative State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| Minnesota | 4,176 | 15,468,703.88 | 64 | 100% |
P K M Electric Cooperative County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Kittson County | 4,213 | 2 | 14.06 | $218.59/mo |
| Marshall County | 9,082 | 7 | 14.49 | $203.37/mo |
| Polk County | 31,303 | 9 | 13.97 | $199.37/mo |
Cities P K M Electric Cooperative Has Coverage
- Donaldson, MN
- Hallock, MN
- Halma, MN
- Karlstad, MN
- Kennedy, MN
- Lancaster, MN
- Stephen, MN
- Warren, MN
* City coverage generated based on government data. Always verify you can get service from the provider.
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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 14.24 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 $220.56. The Minnesota average bundled bill is $106.96 and the nationwide average is $106.96.
Who is the CEO of P K M Electric Cooperative?
P K M Electric Cooperative's current CEO 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.
What cities does P K M Electric Cooperative offer service to?
P K M Electric Cooperative serves electricity in 8 cities throughout the US.
How many counties does P K M Electric Cooperative sell electricity in?
P K M Electric Cooperative supplies electricity in 3 counties throughout the US including Minnesota.
