Stephen, Minnesota Electric Utility

About Stephen, Minnesota Electric Utility

A total of 325 customers (75.38% residential customers, 23.08% commercial accounts and 1.54% industrial customers) receive electricity from the company. Stephen, Minnesota Electric Utility's patrons pay an average residential electricity rate of 11.82 cents per kilowatt hour. This is 10.86% less than the US average rate of 13.26 cents, resulting in the provider ranking 1440th best for average electricity rate out of 2922 providers in the US. In 2019 they sold 7,486 megawatt hours to end users (known as retail sales). The megawatt hours sourced by the company primarily came from megawatt hours that they purchased via wholesale channels. They purchased 7,597 megawatt hours on the wholesale market. In 2019, the supplier had revenue of $917,900 from retail electricity sales. Their total revenue from all electricity activities was $919,000.

Patrons of the supplier pay an average monthly residential electric bill of $150.16. This is 38.79% higher than the state average of $104.42. The company currently does not generate any of the electricity that they sell. Instead, they must purchase that electricity at wholesale rates and then resell it at a higher rate to end users.

Stephen, Minnesota Electric Utility Rate & Electric Bills

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

Historical Electric Rates:

Price Per kWHAverage Bill$0.118/kWh$0.116/kWh$150.16/mo.$137.98/mo.
1440th11.82¢Stephen, Minnesota Electric Utility's Average residential price per kWh
2613th$150.16Average monthly electric bill for Stephen, Minnesota Electric Utility's residential customers

Stephen, Minnesota Electric Utility Overview

  • Company Type:Municipal
  • Headquarters:413 5th Street, Suite B
    Stephen, Minnesota 56757
    United States of America
  • CEO:Brett Kuznia

Stephen, Minnesota Electric Utility Contact

Stephen, Minnesota Electric Utility Service

  • Outage Phone:(218) 478-3803

Stephen, Minnesota Electric Utility Coverage Map

Coverage Map Placeholder

Stephen, Minnesota Electric Utility State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Minnesota325903,100149100%

Stephen, Minnesota Electric Utility Reviews

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Stephen, Minnesota Electric Utility FAQ:

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

Stephen, Minnesota Electric Utilitys current average bundled electricity rate is 11.82 cents per kilowatt hour (¢/kWh), compared to the average Minnesota bundled rate of 13.40 cents and the average national rate of 13.26 cents.

How much is the average bundled bill for Stephen, Minnesota Electric Utility customers each month?

Customers of Stephen, Minnesota Electric Utility pay, on average, a monthly bundled bill of $150.16.

Who is the CEO of Stephen, Minnesota Electric Utility?

The CEO of Stephen, Minnesota Electric Utility is Brett Kuznia.

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

The Stephen, Minnesota Electric Utility phone number is (218) 478-3614.

Last Reviewed By: Nick Reese
Published: 2021-03-16Last Updated: 2022-01-06