Shakopee Public Utilities
About Shakopee Public Utilities
Shakopee Public Utilities is a municipally owned organization providing electricity in the state of Minnesota. Recently filed reports by the company showed a customer base of 18,562 accounts, 16,743 of which are residential customers, 1,242 are commercial customers and 577 are industrial customers. Shakopee Public Utilities' average residential electricity price per kilowatt hour is 13.01 cents per kilowatt hour. Luckily for their patrons, this rate is less than both the state and the national average prices of 13.38 and 13.40 cents per kilowatt hour, respectively. There were a total of 430,760 megawatt hours sold through retail sales in 2020 by the supplier. The electricity sourced by the company is made up primarily of megawatt hours they purchased via the wholesale electricity market. Of the total electricity sourced by the company, whole purchased made up 100.00%. Their total revenue for 2020 from electricity related activities was $47,824,000, with $46,902,000 coming from retail sales to end users.
The nationwide average monthly residential electricity bill is $118.93, while the Shakopee Public Utilities average is 22.15% less at $92.59 per month. Electricity generation is not part of the Shakopee Public Utilities business model, as they purchase electricity at wholesale rates and then resell to their customers.
Thankfully, Shakopee Public Utilities allows their consumers to take part in net metering. This makes it easier for people to install solar and other alternative electricity options as they have the ability to sell unneeded electricity back into the grid.
Loss of electricity due to heat dissipation while transmitting electricity and other causes is part of being in the electricity production business. Providers are required to report these losses to government agencies who track electricity grid efficiencies. Shakopee Public Utilities recently reported an annual loss of about 3.38% of the electricity that they transmit. These averages enable us to compare and contrast the grid efficiencies of the companies who operate around the country. Shakopee Public Utilities has been given a rank of 459th best out of 3510 suppliers who report energy loss in the US.
Shakopee Public Utilities Rate & Electric Bills
Shakopee Public Utilities residential electric rates are highest in January and the highest average bill is in October.
Historical Electric Rates:
Shakopee Public Utilities Overview
- Company Type:Municipal
- Headquarters:255 Sarazin Street
Shakopee, Minnesota 55379
United States of America
- CEO:Mathew Meyer
Shakopee Public Utilities Contact
Shakopee Public Utilities's energy loss due to business operations.
Total Energy Loss
459 National Rank
Shakopee Public Utilities Coverage Map
Shakopee Public Utilities State Coverage
|State||Customers||Sales ($)||State Rank Based On Revenue||% of Provider's Residential Sales in State|
Shakopee Public Utilities County Coverage
|County||Population||Providers||Avg. County Rate (¢)||Avg. Electric Bill|
Cities Shakopee Public Utilities Has Coverage
- Prior Lake, MN
- Shakopee, MN
* City coverage generated based on government data. Always verify you can get service from the provider.
Shakopee Public Utilities Reviews
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Shakopee Public Utilities FAQ:
What is the phone number for Shakopee Public Utilities?
The Shakopee Public Utilities phone number is (952) 445-1988.
What cities does Shakopee Public Utilities supply electricity in?
Shakopee Public Utilities has customers in 2 cities.
What is the average bundled electricity rate for Shakopee Public Utilities customers?
Shakopee Public Utilitiess current average bundled electricity rate is 13.01 cents per kilowatt hour (¢/kWh), compared to the average Minnesota bundled rate of 13.38 cents and the average US rate of 13.40 cents.
Who is the CEO of Shakopee Public Utilities?
The current CEO of Shakopee Public Utilities is Mathew Meyer.
What is the average bundled bill for Shakopee Public Utilities customers each month?
Consumers of Shakopee Public Utilities pay, on average, a monthly bundled bill of $92.59.