Tyler, Minnesota Electric Utility

About Tyler, Minnesota Electric Utility

Tyler, Minnesota Electric Utility is headquartered in Tyler, Minnesota and it supplies electricity in the population who live there. Electricity companies must regularly report the number of customers they have to government agencies. On the most recent reports the company reported a total of 764 customers signed on for their services. Approximately 20.03% of these customers are commercial accounts and 611 are residential properties. The average residential electricity rate for patrons of Tyler, Minnesota Electric Utility is about 8.93 cents per kilowatt hour. This is 39.81% below the nationwide average rate of 14.84 cents, resulting in the provider ranking 223rd out of 2906 suppliers in the United States for best average electricity rate. The provider had total sales and disposition of 13,505 megawatt hours in 2019, of which 12,180 megawatt hours were from sales to end users. The electricity sourced by the company is made up of primarily wholesale purchased megawatt hours, with 13,505 megawatt hours procured by the company. The total revenue of the company in 2019 was $926,400, which was earned entirely through electricity sales to retail customers.

The state average monthly residential electric bill is $104.48, while the Tyler, Minnesota Electric Utility average is 7.63% less at $94.42 per month. This is the 83rd lowest average monthly bill amount for a supplier in the state. The provider is not associated with any electricity generation plants and all of the power that they sell to their customers must be purchased from other suppliers.