Stearns Electric: Rates and Coverage Area

Stearns Electric

Electricity Rates, Plans & Statistics

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About Stearns Electric

Stearns Electric is an electric cooperative. The largest county served by Stearns Electric is Stearns County, but the company also provides electricity in 4 counties in the state. On average, Stearns Electric's residential electricity rate is 11.95 cents per kilowatt hour. Fortunately for their customers, this rate is lower than both the state and United States average rates of 15.39 and 15.74 cents per kilowatt hour, respectively. They sold 550,607 megawatt hours via retail sales in 2022. The megawatt hours sourced by the supplier came from a combination of electricity production from power facilities owned by Stearns Electric and supplementary megawatt hours that they purchased via the wholesale electricity market. In 2022, the company made a total of $62,765,600 from business activities relating to the sale and transfer of electricity. They had revenue of $61,317,900 from retail sales to end users.

The average residential power bill for a customer of Stearns Electric is $154.92 per month. Electricity generation is not part of the Stearns Electric business model, as they purchase electricity at wholesale rates from other suppliers to then be resold to their customers. Consumers of the company deal with 0.56 power outages per year with outages lasting an average of 63.72 minutes.

Stearns Electric Net Metering

Customers of Stearns Electric have the ability to participate in net metering. Net metering allows residents to sell electricity back to their provider, making the purchase of solar panels and other alternative electricity sources make more financial sense.

Energy Loss

Stearns Electric currently loses roughly 4.22% of the electricity that they generate. The state average for energy loss is 3.21% and the US average is 2.87%. This results in Stearns Electric getting a ranking of 30th best out of 162 electricity suppliers in Minnesota and 674th best out of 3526 companies in the United States.

Stearns Electric Rate & Electric Bills

Stearns Electric residential electric rates are highest in September and the highest average bill is in July.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.128/kWh$0.103/kWh$203.51/mo.$120.86/mo.
815th11.95¢Stearns Electric's Average residential price per kWh
2331st$154.92Average monthly electricity bill for Stearns Electric's residential customers

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Stearns Electric Overview

  • Company Type:Cooperative
  • Headquarters:900 Kraft Drive South East
    Melrose, Minnesota 56352
    United States of America
  • CEO:Robin Doege

Stearns Electric Contact

Stearns Electric Service

  • States Served:
    • Minnesota
  • Counties Served:
    • Stearns County
    • Morrison County
    • Todd County
    • Pope County
  • Major Cities Served:See all cities

Energy Loss

Stearns Electric's energy loss due to business operations.

-4.22%

Total Energy Loss

24,249MWh

674 National Rank

Grid Reliability

Length & Frequency of Stearns Electric's Power Outages

63.72 min.

vs. national average of 171.11 min.

0.56 outages/yr

vs. national average of 1.45

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Stearns Electric Coverage Map

Coverage Map Placeholder

Stearns Electric State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Minnesota32,13470,071,044.2314100%

Stearns Electric County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Morrison County33,876713.75$120.80/mo
Pope County11,216413.15$167.25/mo
Stearns County160,405712.86$145.03/mo
Todd County25,121512.61$144.07/mo

Cities Stearns Electric Has Coverage

  • Albany, MN
  • Belgrade, MN
  • Brooten, MN
  • Clearwater, MN
  • Elmdale, MN
  • Elrosa, MN
  • Flensburg, MN
  • Freeport, MN
  • Holdingford, MN
  • Melrose, MN
  • New Munich, MN
  • Paynesville, MN
  • Randall, MN
  • Richmond, MN
  • Rockville, MN
  • Sartell, MN
  • Sauk Centre, MN
  • Sedan, MN
  • Sobieski, MN
  • Spring Hill, MN
  • St. Augusta, MN
  • St. Cloud, MN
  • St. Joseph, MN
  • St. Rosa, MN
  • St. Stephen, MN
  • Waite Park, MN
  • West Union, MN

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

Stearns Electric Reviews

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Stearns Electric FAQ:

What is the average bundled bill for Stearns Electric customers each month?

Consumers of Stearns Electric pay, on average, a monthly bundled bill of $154.92.

What is the average bundled electricity rate for Stearns Electric customers?

The average bundled rate of electricity for customers of Stearns Electric is 11.95 cents per kilowatt hour (¢/kWh).

When will Stearns Electric power be restored?

Stearns Electric's outages last, on average, around 63.717 minutes per each outage.

What is the phone number for Stearns Electric?

You can reach Stearns Electric by phone via (800) 962-0655.

How many counties does Stearns Electric provider electricity in?

There are 4 counties that receive at least some electricity coverage by Stearns Electric.

Who is the CEO of Stearns Electric?

Robin Doege is the current CEO of Stearns Electric.

What cities does Stearns Electric have customers in in?

Stearns Electric has customers in 27 cities.

Ginalyn Gelera
Last Reviewed By: Ginalyn Gelera
Published: 2024-07-08