Redwood Electric Coop: Rates and Coverage Area

Redwood Electric Coop

Electricity Rates, Plans & Statistics

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About Redwood Electric Coop

With their main offices in Clements, Minnesota, Redwood Electric Coop supplies electricity to 3 counties throughout Minnesota and is classified as an electricity cooperative. The residential electricity price for customers of Redwood Electric Coop is, on average, 13.73 cents per kilowatt hour. Fortunately for their patrons, this price is less than both the Minnesota and US average rates of 15.54 and 15.73 cents per kilowatt hour, respectively. The company sold 134,802 megawatt hours in 2019 by way of traditional retail accounts. The electricity sourced by Redwood Electric Coop is made up of primarily wholesale purchased megawatt hours, with 141,375 megawatt hours acquired by the company. The total revenue for Redwood Electric Coop in 2019 from electricity sales was $14,827,400, with $14,757,400 coming from retail sales to end users.

The nationwide average monthly residential electric bill is $135.39, while the Redwood Electric Coop average is 26.04% higher at $170.64 per month. Redwood Electric Coop is the 2631st ranked provider in the nation for average monthly bill total. The provider does not have ownership in any electricity generation facilities and all of the power that they sell to their customers must be purchased from other companies.

Redwood Electric Coop Net Metering

Net metering is available to consumers of Redwood Electric Coop. This makes it cheaper for residents in the area to install solar and other electricity options as they have the ability to sell excess wattage into the grid.

Redwood Electric Coop Rate & Electric Bills

Redwood Electric Coop residential electric rates are highest in June and the highest average bill is in July.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.144/kWh$0.106/kWh$209.13/mo.$127.12/mo.
1574th13.73¢Redwood Electric Coop's Average residential price per kWh
2631st$170.64Average monthly electricity bill for Redwood Electric Coop's residential customers

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Redwood Electric Coop Overview

  • Company Type:Cooperative
  • Headquarters:60 Pine Street
    Clements, Minnesota 56224
    United States of America
  • CEO:Ron Horman

Redwood Electric Coop Contact

Redwood Electric Coop Service

  • States Served:
    • Minnesota
  • Counties Served:
    • Brown County
    • Lyon County
    • Redwood County
  • Major Cities Served:
    • Lamberton
    • Walnut Grove
    • Wabasso
    • Sanborn
    • Vesta
    • Lucan
    • Wanda
    • Seaforth
    • Revere
    See all cities

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Redwood Electric Coop Coverage Map

Coverage Map Placeholder

Redwood Electric Coop State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Minnesota4,11314,526,21261100%

Redwood Electric Coop County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Brown County25,894713.25$191.41/mo
Lyon County25,477612.31$198.93/mo
Redwood County15,435413.88$166.65/mo

Cities Redwood Electric Coop Has Coverage

  • Lamberton, MN
  • Lucan, MN
  • Revere, MN
  • Sanborn, MN
  • Seaforth, MN
  • Vesta, MN
  • Wabasso, MN
  • Walnut Grove, MN
  • Wanda, MN

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

Redwood Electric Coop Reviews

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Redwood Electric Coop FAQ:

What is the average bundled bill for Redwood Electric Coop customers each month?

Redwood Electric Coop currently has an average monthly bundled electric bill of $170.64, compared to the Minnesota average of $107.12 and the national of $107.12 for bundled service.

What is the phone number for Redwood Electric Coop?

Redwood Electric Coop's customer service phone number is (888) 251-5100

How many counties does Redwood Electric Coop provider electricity to?

There are 3 counties that receive at least some electricity coverage by Redwood Electric Coop.

What is the average bundled electricity rate for Redwood Electric Coop customers?

Customers of Redwood Electric Coop, on average, have an electricity bundled rate 13.73 cents per kilowatt hour (¢/kWh).

Who is the CEO of Redwood Electric Coop?

The CEO of Redwood Electric Coop is Ron Horman.

What cities does Redwood Electric Coop have customers in to?

Redwood Electric Coop supplies to 9 cities in the US including Minnesota.

Alex Zdanov
Last Reviewed By: Alex Zdanov
Published: 2024-03-29