Virginia Public Utilities

About Virginia Public Utilities

Virginia Public Utilities is a municipally owned organization providing electricity in Virginia, Minnesota and other areas of St. Louis County. A total of 4,642 customers (910 commercial properties, 3,731 residential accounts and one industrial account) purchase their electricity from the company. Customers of Virginia Public Utilities are billed an average residential electricity price of 12.83 cents per kilowatt hour. Luckily for their customers, this rate is less than both the Minnesota and United States average prices of 15.54 and 15.76 cents per kilowatt hour, respectively. Of the 138,567 megawatt hours Virginia Public Utilities sold and dispossessed, 95,238 were via retail sales and 36,571 were through wholesale channels. During the same timeframe, Virginia Public Utilities produced 28,653 megawatt hours and obtained 109,914 megawatt hours by way of wholesale electricity channels. Virginia Public Utilities had $14,392,200 in 2019. Exactly $1,304,200 of that revenue came from sales to wholesale electricity customers and $12,891,500 came from sales to retail electricity customers.

The average monthly residential electricity bill for a customer of Virginia Public Utilities is $88.13 per month, while the Minnesota average is $106.75. Patrons of the supplier pay 13.75% less compared to other residents of Minnesota. The supplier currently does not generate their own electricity. Instead, they must purchase that electricity at wholesale prices and then resell it at a higher rate to end consumers.