Runestone Electric Association

Runestone Electric Association is headquartered in Alexandria, Minnesota and supplies electricity in 5 counties within Minnesota. The provider has 258 industrial customers, 13,708 residential customer accounts and 782 commercial accounts. Runestone Electric Association has an average residential electricity price of 12.48 cents per kilowatt hour, ranking the company at 29th out of 44 providers in Minnesota and 1005th out of 3511 in the US. The company sold 235,434 megawatt hours in 2020 by way of retail accounts. Of the megawatt hours they sourced, 48 of them were produced by facilities owned by the company and 250,579 megawatt hours were obtained via wholesale channels. The total revenue for Runestone Electric Association in 2020 from electricity sales was $29,063,000, with 99.29% coming from retail sales to end users.

About Runestone Electric Association

The US average monthly residential power bill is $120.24, while the Runestone Electric Association average is 25.09% higher at $150.4 per month. Runestone Electric Association ranks 1376th in the nation for average monthly bill total. Thankfully, the company experienced a drop in CO2 pollution amounts of 0.74% over the past 12 months. The company currently does not produce any of the electricity that they sell. Instead, they must purchase that electricity at wholesale prices from other providers and then resell it at a higher rate to end users.

Runestone Electric Association Net Metering

Luckily, Runestone Electric Association allows consumers to participate in net metering programs. Without net metering, solar panel purchased are significantly less economically realistic, as citizens have no way to sell extra energy back to their provider.

Energy Loss

All suppliers who produce electricity have some energy loss from heat depletion or alternative factors. Runestone Electric Association is no different, as they average an annual loss of roughly 5.76% of the aggregate electricity they generate. The state average for energy loss is 2.22% and the US average is 2.76%. This results in Runestone Electric Association receiving a ranking of 7th worst out of 44 providers in Minnesota and 325th worst out of 3511 providers in the United States.

Runestone Electric Association Rate & Electric Bills

Runestone Electric Association residential electric rates are highest in January and the highest average bill is in June.

Historical Electric Rates:

Price Per kWHAverage Bill$0.125/kWh$0.118/kWh$150.92/mo.$144.47/mo.
1005th12.48¢Runestone Electric Association's Average residential price per kWh
1376th$150.4Average monthly electric bill for Runestone Electric Association's residential customers

Runestone Electric Association Overview

  • Company Type:Cooperative
  • Headquarters:6839 Power Lane SouthWest
    Alexandria, Minnesota 56308
    United States of America
  • CEO:Al Haman

Runestone Electric Association Contact

Runestone Electric Association Service

Quick Facts About Runestone Electric Association

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Emitting 103,980,177.88 kilograms of CO2 emissions, Runestone Electric Association comes in as the 1255th highest polluting supplier in the nation out of the 3511 we track.

Energy Loss

Runestone Electric Association's energy loss due to business operations.

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Total Energy Loss

14,444MWh

325 National Rank

Runestone Electric Association Coverage Map

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Runestone Electric Association State Coverage

StateArrow UpArrow pointing upwards.CustomersArrow UpArrow pointing upwards.Sales ($)Arrow UpArrow pointing upwards.State Rank Based On RevenueArrow UpArrow pointing upwards.% of Provider's Residential Sales in StateArrow UpArrow pointing upwards.
Minnesota14,74828,856,00035100%

Runestone Electric Association County Coverage

CountyArrow UpArrow pointing upwards.PopulationArrow UpArrow pointing upwards.ProvidersArrow UpArrow pointing upwards.Avg. County Rate (¢)Arrow UpArrow pointing upwards.Avg. Electric BillArrow UpArrow pointing upwards.
Douglas County38,141412.24$142.08/mo
Grant County5,972412.26$141.63/mo
Pope County11,249412.51$159.96/mo
Stevens County9,805412.29$180.16/mo
Todd County24,664312.02$122.37/mo

Cities Runestone Electric Association Has Coverage

  • Alexandria, MN
  • Carlos, MN
  • Cyrus, MN
  • Evansville, MN
  • Garfield, MN
  • Glenwood, MN
  • Nelson, MN
  • Osakis, MN
  • Starbuck, MN
  • Villard, MN

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

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Runestone Electric Association FAQ:

What is the phone number for Runestone Electric Association?

Runestone Electric Association's customer service phone number is (800) 473-1722

What is the average bill for Runestone Electric Association customers each month?

Runestone Electric Association currently has an average monthly electric bill of $150.40, compared to the Minnesota average of $104.42 and the national of $104.42.

What cities does Runestone Electric Association have customers in to?

Runestone Electric Association has customers in 10 cities.

What is the average electricity rate for Runestone Electric Association customers?

The average rate of electricity for consumers of Runestone Electric Association is 12.48 cents per kilowatt hour (¢/kWh).

How many counties does Runestone Electric Association provider electricity to?

Runestone Electric Association offers service to customers in 5 counties.

Who is the CEO of Runestone Electric Association?

The CEO of Runestone Electric Association is Al Haman.

Last Reviewed By: Matt Hope
Published: 2021-03-16Last Updated: 2021-08-25