Warren, Minnesota Electric Utility

About Warren, Minnesota Electric Utility

Warren, Minnesota Electric Utility is a municipally owned organization with headquarters in Warren, Minnesota and supplying power to customers in Warren,Minnesota. The supplier recently reported a total of 1,017 total customers, 77.38% of which are residential accounts, 19.17% are commercial customer accounts and 3.44% are industrial customers. Warren, Minnesota Electric Utility's patrons are billed an average residential electricity rate of 9.22 cents per kilowatt hour . This is lower than both the state and the nationwide average prices of 14.81 and 15.39 cents per kilowatt hour, respectively. Of the 19,000 megawatt hours the provider sold and dispossessed, 93.68% were from retail sales. During the same timeframe, Warren, Minnesota Electric Utility procured 19,000 megawatt hours via wholesale electricity channels. Their total revenue in 2019 was $2,085,000 and came from sales to retail electricity customers alone.

Patrons of the provider have an average monthly residential electric bill of $56.21. This is 57.05% less than the US average bill of $130.88. Electricity production is not part of the Warren, Minnesota Electric Utility business plan, as they purchase power at wholesale rates to then be resold to their customers.