Sauk Centre, Minnesota Electric Utility

About Sauk Centre, Minnesota Electric Utility

Sauk Centre, Minnesota Electric Utility is headquartered in Sauk Centre, Minnesota and it supplies electricity in the population who live there. Electricity companies must regularly report the number of customers they have to government agencies. On the most recent reports the company reported a total of 2,426 customers signed on for their services. Approximately 3.05% of these customers are industrial accounts, 16.24% are commercial customer accounts and 80.71% are residential accounts. The average residential electricity price for Sauk Centre, Minnesota Electric Utility is about 10.44 cents per kilowatt hour, which is 30.82% below the average state price of 15.09 cents and 33.23% lower than the US average of 15.64. There were a total of 60,936 megawatt hours sold to retail consumers in 2019 by the company. The electricity they sourced was made up of megawatt hours that they purchased by way of wholesale channels. They purchased 63,564 on the wholesale market. In 2019, the provider made a total of $5,607,000 from business activities relating to the sale and transfer of electricity. They had revenue of $5,354,000 from retail sales to end users.

The state average monthly residential electric bill is $107.55, while the Sauk Centre, Minnesota Electric Utility average is 17.43% less at $84.42 per month. This is the 43rd lowest average monthly bill amount for a supplier in the state. The provider is not associated with any electricity generation plants and all of the power that they sell to their customers must be purchased from other suppliers.