Red Lake Electric

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About Red Lake Electric

Red Lake Electric is an electricity cooperative operating in Minnesota, including cities like Thief River Falls, Crookston, Red Lake Falls, Oklee, and Newfolden. Electricity providers must regularly report the number of customers they have to government agencies. Recently the supplier listed 5,684 customers being supplied electricity by the company. Exactly 416 of these customers are commercial properties and 5,268 are residential properties. Red Lake Electric's average residential electricity price per kilowatt hour is 12.48 cents per kilowatt hour. Thankfully, this is 11.66% less than Minnesota's average rate of 14.13 cents, ranking the supplier at 96th out of 180 suppliers in the state for best average electricity rate. They sold 117,401 megawatt hours in 2019 by way of traditional retail sales and 9,275 megawatt hours from wholesale channels. The electricity sourced by Red Lake Electric is made up primarily of megawatt hours they purchased by way of wholesale channels. This category makes up 100.00% of all electricity sourced. In 2019, they made a total of $15,025,100 from business activities relating to the sale and transfer of electricity. They had 3.91% of their revenue come from sales to the wholesale electricity market.

Patrons of the supplier pay an average monthly residential electric bill of $182.23. This is 44.68% higher than the national average bill of $125.95. The supplier is not associated with any power facilities and all of the electricity that they sell to their customers must be purchased from other providers.

Red Lake Electric Net Metering

Consumers of Red Lake Electric have the ability to use net metering. This is a positive for any customer considering installing private solar panels, as net metering allows them to sell their excess megawatt hours back into the grid.

Red Lake Electric Rate & Electric Bills

Red Lake Electric residential electric rates are highest in January and the highest average bill is in February.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.125/kWh$0.122/kWh$182.87/mo.$178.45/mo.
1661st12.48¢Red Lake Electric's Average residential price per kWh
2858th$182.23Average monthly electricity bill for Red Lake Electric's residential customers

Red Lake Electric Overview

  • Company Type:Cooperative
  • Headquarters:412 International Drive Southwest
    Red Lake Falls, Minnesota 56750
    United States of America
  • CEO:Stephanie Johnson

Red Lake Electric Contact

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Red Lake Electric Coverage Map

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Red Lake Electric State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Minnesota5,68414,342,10064100%

Red Lake Electric County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Beltrami County46,228514.02$170.35/mo
Marshall County9,040713.40$197.81/mo
Pennington County13,992212.48$181.18/mo
Polk County31,192913.10$191.26/mo
Red Lake County3,935212.47$180.99/mo

Cities Red Lake Electric Has Coverage

* City coverage generated based on government data. Always verify you can get service from the provider.

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Red Lake Electric FAQ:

Who is the CEO of Red Lake Electric?

The CEO of Red Lake Electric is Stephanie Johnson.

What is the average bundled bill for Red Lake Electric customers each month?

Consumers of Red Lake Electric pay, on average, a monthly bundled bill of $182.23.

How many counties does Red Lake Electric have customers in in?

Red Lake Electric supplies electricity in 5 counties.

What is the phone number for Red Lake Electric?

The Red Lake Electric phone number is (218) 253-2168.

What is the average bundled electricity rate for Red Lake Electric customers?

The average bundled price of electricity for consumers of Red Lake Electric is 12.48 cents per kilowatt hour (¢/kWh).

What cities does Red Lake Electric sell electricity in?

Red Lake Electric provides electricity to 8 cities.

Last Reviewed By: Ginalyn Gelera
Published: 2022-09-18