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About Traverse Electric
Traverse Electric is an electricity cooperative serving 3 states in the country. This coverage territory also includes 18 cities within these states. There are 3,059 residential customers, 139 commercial accounts and 24 industrial customer accounts who are receiving service from the supplier. Traverse Electric bills their consumers a residential electricity rate of 10.91 cents per kilowatt hour on average. This is 30.12% less than the US average rate of 15.61 cents, ranking the provider at 587th lowest for average electricity price out of 2893 suppliers in the nation. They sold 115,298 megawatt hours by way of retail sales in 2019. The electricity they sourced was made up of megawatt hours purchased via wholesale channels. They purchased 121,406 megawatt hours on the wholesale market. In 2019, the company had revenue of $11,478,000 from retail electricity sales. Their revenue from all electricity activities was $11,504,000.
The national average monthly residential electricity bill is $133.26, while the Traverse Electric average is 55.14% higher at $206.74 per month. Traverse Electric is the 2867th ranked supplier in the US for average monthly bill total. The provider does not have ownership in any power plants and all of the power that they sell to their customers must be purchased wholesale from other providers.
Traverse Electric offers net metering choices to customers of the company. Installation of solar panels and other electricity sources is often prohibitively priced for residents. Net metering allows purchasers of these electricity sources to sell excess wattage into the grid, making the installation of these alternative sources economically feasible.
Traverse Electric Rate & Electric Bills
Traverse Electric residential electric rates are highest in January and the highest average bill is in February.
Historical Electricity Rates:
Traverse Electric Overview
- Company Type:Cooperative
- Headquarters:1618 Broadway
Wheaton, Minnesota 56296
United States of America
- CEO:Joel Janorschke
Traverse Electric Contact
Traverse Electric Service
- States Served:
- South Dakota
- North Dakota
- Counties Served:
- Richland County
- Roberts County
- Stevens County
- Wilkin County
- Grant County
- Major Cities Served:See all cities
- Table Of Contents:
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Traverse Electric Coverage Map
Traverse Electric State Coverage
|State||Customers||Sales ($)||State Rank Based On Revenue||% of Provider's Residential Sales in State|
Traverse Electric County Coverage
|County||Population||Providers||Avg. County Rate (¢)||Avg. Electric Bill|
|Big Stone County||5,155||4||11.82||$193.69/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 10.91 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 $206.74.
How many counties does Traverse Electric supply electricity to?
There are 8 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 18 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.