Round Lake, Minnesota Electric Utility: Rates and Coverage Area

Round Lake, Minnesota Electric Utility

Electricity Rates, Plans & Statistics

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About Round Lake, Minnesota Electric Utility

Round Lake, Minnesota Electric Utility is a municipally owned organization supplying electricity in Round Lake, Minnesota. With 253 customers, the provider serves 54 commercial locations and 199 residential customers. Customers of Round Lake, Minnesota Electric Utility pay an average residential electricity rate of 12.29 cents per kilowatt hour. This is 20.49% lower than the state's average rate of 15.46 cents, resulting in the supplier ranking 65th lowest for average electricity price out of 175 providers in the state. In 2019 Round Lake, Minnesota Electric Utility had retail sales of 3,628 megawatt hours. The purchase of wholesale electricity made up 100.00% of the electricity sourced by the company. In 2019, the company made $450,000 from retail electricity sales to end users. This was the entirety of the electricity related revenue for the company.

The national average monthly residential electricity bill is $135.78, while the Round Lake, Minnesota Electric Utility average is 43.99% lower at $76.05 per month. Electricity production is not part of the Round Lake, Minnesota Electric Utility business plan, as they purchase electricity at wholesale rates and then resell to their end users.

Round Lake, Minnesota Electric Utility Rate & Electric Bills

Round Lake, Minnesota Electric Utility residential electric rates are highest in January and the highest average bill is in October.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.137/kWh$0.106/kWh$106.68/mo.$60.68/mo.
967th12.29¢Round Lake, Minnesota Electric Utility's Average residential price per kWh
217th$76.05Average monthly electricity bill for Round Lake, Minnesota Electric Utility's residential customers

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Round Lake, Minnesota Electric Utility Overview

  • Company Type:Municipal
  • Headquarters:098 Main Street
    Round Lake, Minnesota 56167
    United States of America
  • Director/Superintendent:Timothy Kennedy

Round Lake, Minnesota Electric Utility Contact

Round Lake, Minnesota Electric Utility Service

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    Round Lake, Minnesota Electric Utility Coverage Map

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    Round Lake, Minnesota Electric Utility State Coverage

    StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
    Minnesota253409,422.38167100%

    Round Lake, Minnesota Electric Utility County Coverage

    CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
    Nobles County22,223712.54$225.56/mo

    Round Lake, Minnesota Electric Utility Reviews

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    Round Lake, Minnesota Electric Utility FAQ:

    What is the phone number for Round Lake, Minnesota Electric Utility?

    The Round Lake, Minnesota Electric Utility phone number is (507) 945-8127.

    What is the average bundled bill for Round Lake, Minnesota Electric Utility customers each month?

    Consumers of Round Lake, Minnesota Electric Utility pay, on average, a monthly bundled bill of $76.05.

    What is the average bundled electricity rate for Round Lake, Minnesota Electric Utility customers?

    The average bundled rate of electricity for consumers of Round Lake, Minnesota Electric Utility is 12.29 cents per kilowatt hour (¢/kWh).

    Who is the CEO of Round Lake, Minnesota Electric Utility?

    The current CEO of Round Lake, Minnesota Electric Utility is Timothy Kennedy.

    Fernando García
    Last Reviewed By: Fernando García
    Published: 2022-08-09