Redwood Electric Coop

Electricity Rates, Plans & Statistics

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Redwood Electric Coop Rate & Electric Bills

Redwood Electric Coop residential electric rates are highest in January and the highest average bill is in April.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.126/kWh$0.115/kWh$160.67/mo.$151.26/mo.
1580th12.24¢Redwood Electric Coop's Average residential price per kWh
2718th$158.21Average monthly electricity bill for Redwood Electric Coop's residential customers

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. Electricity companies must regularly report the number of customers signed on for their services to government agencies. Most recently the supplier disclosed a total of 4,461 customers signed up to receive electricity from the company. Approximately 0.40% of these customers are industrial properties, 16.88% are commercial customer accounts and 82.72% are residential properties. On average, Redwood Electric Coop charges their consumers a residential electricity rate of 12.24 cents per kilowatt hour. Fortunately, this is 10.68% less than Minnesota's average price of 13.71 cents, ranking the company at 85th out of 180 providers in Minnesota for lowest average electricity price. The provider had total sales and disposition of 141,375 megawatt hours in 2019, of which 95.35% were from retail sales. The electricity sourced by the company primarily came from megawatt hours that they procured by way of wholesale channels. They purchased 141,375 wholesale megawatt hours. In 2019, the supplier made a total of $14,827,400 from business activities relating to the sale and transfer of electricity. They had 99.53% of their revenue coming from retail sales to end users.

The nationwide average monthly residential electric bill is $120.98, while the Redwood Electric Coop average is 30.78% higher at $158.21 per month. Redwood Electric Coop is the 2718th 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 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

  • Outage Phone:(888) 251-5100

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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
Minnesota4,46114,570,90062100%

Redwood Electric Coop County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Brown County25,912712.64$182.74/mo
Lyon County25,269611.65$191.90/mo
Redwood County15,425412.36$154.56/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 $158.21, compared to the Minnesota average of $100.40 and the national of $100.40 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 12.24 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.

Last Reviewed By: Alex Zdanov
Published: 2022-08-01