Traverse Electric: Rates and Coverage Area

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 Net Metering

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:

Price Per kWhAverage Bill$0.129/kWh$0.088/kWh$409.87/mo.$144.32/mo.
275th10.15¢Traverse Electric's Average residential price per kWh
2943rd$321.4Average monthly electricity bill for Traverse Electric's residential customers

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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

Traverse Electric Service

  • States Served:
    • Minnesota
    • South Dakota
    • North Dakota
  • Counties Served:
    • Roberts County
    • Stevens County
    • Wilkin County
    • Grant County
    • Big Stone County
    See All Counties
  • Major Cities Served:See all cities

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Traverse Electric Coverage Map

Coverage Map Placeholder

Traverse Electric State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Minnesota2,2388,823,890.697967.38%
North Dakota2853,665.57360.41%
South Dakota1,1274,217,663.454532.21%

Traverse Electric County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Big Stone County5,155411.88$224.47/mo
Grant County6,045512.56$183.95/mo
Marshall County4,373512.25$185.88/mo
Roberts County10,254411.69$235.20/mo
Stevens County9,669412.60$189.10/mo
Traverse County3,362210.06$316.09/mo
Wilkin County6,495512.00$163.47/mo

Cities Traverse Electric Has Coverage

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

Traverse Electric Reviews

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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.

Alex Zdanov
Last Reviewed By: Alex Zdanov
Published: 2024-07-11