Springfield, Minnesota Electric Utility

About Springfield, Minnesota Electric Utility

There are 1,245 customers of the company. Exactly 970 of them are residential customers, 249 are commercial accounts and 26 of them are industrial customers. The residential electricity price for consumers of Springfield, Minnesota Electric Utility is, on average, 15.00 cents per kilowatt hour, which ranks the supplier 164th out of 180 companies in Minnesota and 2545th out of 2922 in the US for average electricity rate. In 2019 Springfield, Minnesota Electric Utility had sales to end users totaling 20,000 megawatt hours. The electricity sourced by the provider primarily came from megawatt hours that they procured via the wholesale electricity market. They purchased 20,000 wholesale megawatt hours. In 2019, the company had revenue of $2,829,000 from retail electricity sales. This was the entirety of the electricity related revenue for the company.

The state average monthly residential electricity bill is $104.42, while the Springfield, Minnesota Electric Utility average is 2.61% higher at $107.49 per month. Springfield, Minnesota Electric Utility is the 108th ranked provider in the state for average monthly bill amount. The supplier currently does not generate their own electricity. Instead, they must purchase that electricity at wholesale prices from other providers and then resell it to end consumers.

Springfield, Minnesota Electric Utility Rate & Electric Bills

Springfield, Minnesota Electric Utility residential electric rates are highest in January and the highest average bill is in November.

Historical Electric Rates:

Price Per kWHAverage Bill$0.150/kWh$0.150/kWh$107.49/mo.$103.22/mo.
2545th15.00¢Springfield, Minnesota Electric Utility's Average residential price per kWh
1397th$107.49Average monthly electric bill for Springfield, Minnesota Electric Utility's residential customers

Springfield, Minnesota Electric Utility Overview

  • Company Type:Municipal
  • Headquarters:2 East Central Street
    Springfield, Minnesota 56087
    United States of America
  • CEO:Scott Johnson

Springfield, Minnesota Electric Utility Contact

Springfield, Minnesota Electric Utility Service

    Springfield, Minnesota Electric Utility Coverage Map

    Coverage Map Placeholder

    Springfield, Minnesota Electric Utility State Coverage

    StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
    Minnesota1,2452,940,000113100%

    Springfield, Minnesota Electric Utility Reviews

    Write a Review of Springfield, Minnesota Electric Utility

    Springfield, Minnesota Electric Utility FAQ:

    Who is the CEO of Springfield, Minnesota Electric Utility?

    Springfield, Minnesota Electric Utility’s CEO is Scott Johnson.

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

    Consumers of Springfield, Minnesota Electric Utility, on average, have an electricity bundled rate 15.00 cents per kilowatt hour (¢/kWh).

    What is the phone number for Springfield, Minnesota Electric Utility?

    The Springfield, Minnesota Electric Utility phone number is (507) 723-3519.

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

    Currently, the average monthly bundled electric bill for customers of Springfield, Minnesota Electric Utility is $107.49. The state average bundled bill is $104.42 and the national average is $104.42.

    Last Reviewed By: King Manalo
    Published: 2021-03-16Last Updated: 2022-01-06