Traverse Electric
Electricity Rates, Plans & Statistics
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About Traverse Electric
Traverse Electric is an electricity cooperative serving 3 states in the country. This coverage territory also includes 5 cities within these states. There are 3,393 residential customers served by the provider. Traverse Electric's customers are charged an average residential electricity rate of 10.15 cents per kilowatt hour, which is 35.66% lower than the national average of 15.77. The company sold 115,298 megawatt hours in 2019 through traditional retail sales. The electricity sourced was made up of megawatt hours that they acquired via the wholesale electricity market. They purchased 121,406 wholesale megawatt hours. In 2019, they made a total of $11,504,000 from business activities relating to the sale and transfer of electricity. They had revenue of $11,478,000 from retail sales to end users.
The national average monthly residential electricity bill is $139.96, while the Traverse Electric average is 129.63% higher at $321.4 per month. Traverse Electric is the 2943rd ranked supplier in the US for average monthly bill total. The provider does not have ownership in any power plants and all of the power that they sell to their customers must be purchased wholesale from other providers.
Traverse Electric offers net metering choices to customers of the company. Installation of solar panels and other electricity sources is often prohibitively priced for residents. Net metering allows purchasers of these electricity sources to sell excess wattage into the grid, making the installation of these alternative sources economically feasible.
Traverse Electric Rate & Electric Bills
Traverse Electric residential electric rates are highest in September and the highest average bill is in January.
Historical Electricity Rates:
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Traverse Electric Overview
- Company Type:Cooperative
- Headquarters:1618 Broadway
Wheaton, Minnesota 56296
United States of America - CEO:Joel Janorschke
Traverse Electric Contact
- Website:www.traverseelectric.com
- Customer Service Phone:(320) 563-8616
- Contact Page:www.traverseelectric.com
- Social Media:
Traverse Electric Service
- Rates & Plans:www.traverseelectric.com
- Outage Map:www.star-mapping.com
- Outage Phone:(800) 927-5443
- States Served:
- Minnesota
- South Dakota
- North Dakota
- Counties Served:
- Roberts County
- Stevens County
- Wilkin County
- Grant County
- Big Stone County
- Major Cities Served:
- Graceville
- Herman
- Long Hollow CDP
- New Effington
- Norcross
- Nashua
- White Rock Colony CDP
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Traverse Electric Coverage Map
Traverse Electric State Coverage
State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
---|---|---|---|---|
Minnesota | 2,238 | 8,823,890.69 | 79 | 67.38% |
North Dakota | 28 | 53,665.57 | 36 | 0.41% |
South Dakota | 1,127 | 4,217,663.45 | 45 | 32.21% |
Traverse Electric County Coverage
County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
---|---|---|---|---|
Big Stone County | 5,155 | 4 | 11.88 | $224.47/mo |
Grant County | 6,045 | 5 | 12.56 | $183.95/mo |
Marshall County | 4,373 | 5 | 12.25 | $185.88/mo |
Roberts County | 10,254 | 4 | 11.69 | $235.20/mo |
Stevens County | 9,669 | 4 | 12.60 | $189.10/mo |
Traverse County | 3,362 | 2 | 10.06 | $316.09/mo |
Wilkin County | 6,495 | 5 | 12.00 | $163.47/mo |
Cities Traverse Electric Has Coverage
- Graceville, MN
- Herman, MN
- Nashua, MN
- New Effington, SD
- Norcross, MN
* City coverage generated based on government data. Always verify you can get service from the provider.
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Traverse Electric FAQ:
What is the average BUNDLED electricity rate for Traverse Electric customers?
Customers of Traverse Electric, on average, have an electricity BUNDLED rate 10.15 cents per kilowatt hour (¢/kWh).
Who is the CEO of Traverse Electric?
The current CEO of Traverse Electric is Joel Janorschke.
What is the average bundled bill for Traverse Electric customers each month?
Customers of Traverse Electric pay, on average, a monthly bundled bill of $321.40.
How many counties does Traverse Electric supply electricity to?
There are 7 counties that receive at least some electricity coverage by Traverse Electric including Minnesota, South Dakota, and North Dakota.
What cities does Traverse Electric sell electricity in?
Traverse Electric supplies to 5 cities.
What is the phone number for Traverse Electric?
Traverse Electric's customer service phone number is (320) 563-8616
How many states does Traverse Electric offer service in?
Traverse Electric offers service in 3 states in the US.