Springfield, Minnesota Electric Utility

About Springfield, Minnesota Electric Utility

Springfield, Minnesota Electric Utility is a municipally owned organization serving Springfield in Brown County, Minnesota. At the time of the most recent government reports, the supplier had a total of 1,268 electricity customers being supplied electricity by the company. This total is made up of 2.05% industrial accounts, 19.72% commercial accounts and 78.23% residential accounts. Springfield, Minnesota Electric Utility's average residential electricity price per kilowatt hour is 15.45 cents per kilowatt hour, resulting in the supplier ranking 122nd out of 174 providers in Minnesota and 2031st out of 2885 in the US. There were a total of 20,000 megawatt hours sold to retail consumers in 2019 by the company. The purchase of wholesale electricity made up 100.00% of the electricity sourced by the company. In 2019, the company made a total of $2,829,000 from business activities relating to the sale and transfer of electricity. All of which came from retail sales to end users.

The United States average monthly residential electric bill is $143.38, while the Springfield, Minnesota Electric Utility average is 23.17% lower at $110.16 per month. This is the 770th lowest average monthly bill amount for a supplier in the United States. Springfield, Minnesota Electric Utility is the 122nd largest supplier out of 163 providers in the state based on total megawatt hours sold. Electricity production is not handled in house at the company, as they purchase power at wholesale rates from other companies and then resell to their customers. Springfield, Minnesota Electric Utility generates 40 megawatt hours from their production facilities, which ranks them as the 87th highest generator of electricity of all 163 electricity suppliers in Minnesota.