Two Harbors, Minnesota Electric Utility: Rates and Coverage Area

Two Harbors, Minnesota Electric Utility

Electricity Rates, Plans & Statistics

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About Two Harbors, Minnesota Electric Utility

Two Harbors, Minnesota Electric Utility is headquartered in Two Harbors, Minesota and it supplies electricity in the residents that call Two Harbors home. A total of 1,550 residential customer accounts, 151 commercial customers and 39 industrial customers purchase their electricity from the provider. The average residential electricity price for Two Harbors, Minnesota Electric Utility is about 16.31 cents per kilowatt hour. Unfortunately for their consumers, this price is higher than both the state and national average prices of 15.46 and 15.68 cents per kilowatt hour, respectively. In 2019 Two Harbors, Minnesota Electric Utility sold 97.31% of their disposition to end users (known as retail sales). The electricity they sourced consisted of megawatt hours that they acquired by way of the wholesale electricity market. They purchased 28,370 on the wholesale market. In 2019, the provider made a total of $4,126,000 from business activities relating to the sale and transfer of electricity. They had 98.86% of their revenue coming from retail sales to end users.

The average residential power bill for a customer of Two Harbors, Minnesota Electric Utility is $81.36. The supplier currently does not produce any of the electricity that they sell. Instead, they must purchase that electricity at wholesale prices and then resell it at a higher rate to end customers.

Two Harbors, Minnesota Electric Utility Net Metering

Offering net metering to customers is a win-win situation for Two Harbors, Minnesota Electric Utility and any residents who get their electricity from the company. This makes it cheaper for people who are interested to install solar and other electricity options as they have the ability to sell unneeded kilowatt hours back to the electricity supplier.

Two Harbors, Minnesota Electric Utility Rate & Electric Bills

Two Harbors, Minnesota Electric Utility residential electric rates are highest in January and the highest average bill is in November.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.194/kWh$0.140/kWh$107.57/mo.$64.80/mo.
2430th16.31¢Two Harbors, Minnesota Electric Utility's Average residential price per kWh
316th$81.36Average monthly electricity bill for Two Harbors, Minnesota Electric Utility's residential customers

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Two Harbors, Minnesota Electric Utility Overview

  • Company Type:Municipal
  • Headquarters:503 20th Avenue
    Two Harbors, Minesota 55616
    United States of America

Two Harbors, Minnesota Electric Utility Contact

Two Harbors, Minnesota Electric Utility Service

  • Outage Phone:218-834-8810

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Two Harbors, Minnesota Electric Utility Coverage Map

Coverage Map Placeholder

Two Harbors, Minnesota Electric Utility State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Minnesota1,7403,644,047.85101100%

Two Harbors, Minnesota Electric Utility County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Lake County10,835515.35$133.86/mo

Two Harbors, Minnesota Electric Utility Reviews

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Two Harbors, Minnesota Electric Utility FAQ:

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

The average bundled price of electricity for consumers of Two Harbors, Minnesota Electric Utility is 16.31 cents per kilowatt hour (¢/kWh).

What is the phone number for Two Harbors, Minnesota Electric Utility?

You can reach Two Harbors, Minnesota Electric Utility by phone via (218) 834-8811.

What is the average bundled bill for Two Harbors, Minnesota Electric Utility customers each month?

Two Harbors, Minnesota Electric Utility currently has an average monthly bundled electric bill of $81.36, compared to the Minnesota average of $107.54 and the US of $107.54 for bundled service.

Ginalyn Gelera
Last Reviewed By: Ginalyn Gelera
Published: 2023-11-06