Power Bill Facts

States › Minnesota › Lake Country Power

electric cooperative · EIA utility 10697

Lake Country Power

47,204 residential customers in Minnesota · 8 counties in territory · balancing authority MISO

Form EIA-861, 2024 final2025 early release shown in trend
MNUS17.90¢ per kWh7.43¢35.66¢
Average residential price, 2024. Dial position: 91% of 1,230 US utilities had this price or lower. Ticks: Minnesota and US averages.

Average price is revenue divided by sales for the sector and year; it is not a tariff rate. Reliability figures are as reported by utilities to EIA on Form 861 and may use different calculation methods. Annual figures: Form EIA-861 for 2024, final release. Monthly state figures run to July 2026.

Lake Country Power is an electric cooperative that reported 47,204 residential customers in Minnesota on Form EIA-861 for 2024, with a service territory that touches 8 counties.

Its average residential price that year was 17.90¢ per kilowatthour, 16% above the Minnesota average of 15.45¢ and 8.6% above the US average of 16.48¢. The figure is residential revenue divided by residential sales, so it folds in fixed charges, riders and every rate schedule the utility bills under.

That works out to an average residential bill of $148.34 a month on average use of 829 kWh a month. Across Minnesota the average bill was $110.06 on 712 kWh, so a bill gap reflects how much power households use as well as what each kilowatthour costs.

For reliability it reported a SAIDI of 372.5 minutes per customer with major event days included and 187.8 minutes with them excluded, calculated under IEEE 1366 standard. The median among Minnesota utilities reporting was 76.7 minutes with major event days; this utility's figure is 386% above that median.

The average price is up 22.6% on 2019, against up 18.5% for Minnesota as a whole, and up 7.6% on 2023. EIA's early release for 2025, which has not been fully edited, shows 18.34¢.

17.90¢average residential price per kWhMinnesota 15.45¢ · US 16.48¢
$148.34average monthly residential billon 829 kWh a month
47,204residential customers51,383 customers in all sectors
372.5SAIDI minutes per customer, all eventsMinnesota median 76.7

Compared with Minnesota, the US and other electric cooperatives

Measure, 2024This utilityElectric cooperatives, US medianMinnesotaUnited States
Average residential price per kWh17.90¢13.74¢15.45¢16.48¢
Average monthly residential bill$148.34$149.95$110.06$142.26
Average monthly use, kWh8291,126712863
Residential price change, 1 year+7.6%—+4.9%+3.0%
Residential price change, 5 years+22.6%—+18.5%+26.7%
SAIDI, all events (minutes)372.5263.076.7 median184.5 median
SAIDI, without major event days187.8147.056.9 median99.8 median

State and US prices, bills and use are EIA's own averages over every customer. The ownership column and the reliability columns are medians across utilities with at least 1,000 residential customers, computed on this site from the final 2024 file. Among the 26 filings by electric cooperatives in Minnesota, the median price was 14.35¢. In Minnesota this utility's price ranks 3 of 44, counting from the highest.

Average price by year

0¢5¢10¢15¢20¢20132015201720192021202320252013 US average: 12.13¢2014 US average: 12.52¢2015 US average: 12.65¢2016 US average: 12.55¢2017 US average: 12.89¢2018 US average: 12.87¢2019 US average: 13.01¢2020 US average: 13.15¢2021 US average: 13.66¢2022 US average: 15.04¢2023 US average: 16¢2024 US average: 16.48¢2025 US average: 17.3¢2013 Minnesota average: 11.81¢2014 Minnesota average: 12.01¢2015 Minnesota average: 12.12¢2016 Minnesota average: 12.67¢2017 Minnesota average: 13.04¢2018 Minnesota average: 13.14¢2019 Minnesota average: 13.04¢2020 Minnesota average: 13.17¢2021 Minnesota average: 13.5¢2022 Minnesota average: 14.25¢2023 Minnesota average: 14.73¢2024 Minnesota average: 15.45¢2025 Minnesota average: 15.82¢2013 Lake Country Power: 12.47¢2014 Lake Country Power: 13.42¢2015 Lake Country Power: 13.98¢2016 Lake Country Power: 14.79¢2017 Lake Country Power: 14.88¢2018 Lake Country Power: 14.38¢2019 Lake Country Power: 14.6¢2020 Lake Country Power: 14.95¢2021 Lake Country Power: 15.39¢2022 Lake Country Power: 15.66¢2023 Lake Country Power: 16.64¢2024 Lake Country Power: 17.9¢2025 Lake Country Power: 18.34¢

Lake Country PowerMinnesota averageUS average

Cents per kWh, nominal. The hollow point is EIA's 2025 early release, which has not been fully edited.

Year by year

Year¢ per kWhMinnesota ¢Monthly billkWh a monthResidential customersAll sales
2025 early release18.34¢15.82¢$160.1387347,386708.1 GWh
202417.90¢15.45¢$148.3482947,204692.6 GWh
202316.64¢14.73¢$142.3185546,936710 GWh
202215.66¢14.25¢$144.3192246,658755.9 GWh
202115.39¢13.50¢$135.7188246,301650.2 GWh
202014.95¢13.17¢$133.3189245,914613.3 GWh
201914.60¢13.04¢$132.5690845,710631.3 GWh
201814.38¢13.14¢$129.9190445,594629.3 GWh
201714.88¢13.04¢$128.8286645,444600 GWh
201614.79¢12.67¢$125.4484845,326585.9 GWh
201513.98¢12.12¢$120.6686345,202598.3 GWh
201413.42¢12.01¢$129.0796245,145666.5 GWh
201312.47¢11.81¢$115.9093045,190642.2 GWh

Bundled residential service only in the price, bill and use columns. Bill = residential revenue ÷ customers ÷ 12; use = residential sales ÷ customers ÷ 12. EIA describes its early release as not fully edited; it is shown for this utility alone and enters no average, median or rank on this site.

Sales by sector, 2024

SectorCustomersSalesShare of salesRevenue¢ per kWh, bundled
Residential47,204469.5 GWh68%$84,024,30017.90¢
Commercial4,176117.4 GWh17%$17,989,90015.33¢
Industrial3105.7 GWh15%$8,417,6007.96¢

Customers, sales and revenue count every service type the utility reported (bundled, energy-only and delivery-only). The price column uses bundled service alone, because part-bill revenue would understate it. Sources of energy: 732.3 GWh in total, of which 0% was its own net generation and 732.3 GWh was bought wholesale; summer peak demand 106 MW.

Reliability

SAIDI, all events372.5 min
SAIDI, without major event days187.8 min

Minutes of sustained interruption per customer in 2024, as the utility reported them under IEEE 1366 standard. SAIFI: 2.31 interruptions per customer with major event days, 1.53 without; CAIDI 161.3 minutes per interruption. EIA's Minnesota total across all reporting utilities was 219.6 minutes with major event days and 92.2 without. Major event days are storms and similar events that a utility's chosen method sets apart; methods differ, so treat comparisons as approximate. What SAIDI and SAIFI mean.

YearSAIDI, all eventsSAIDI, no major eventsSAIFI, all eventsSAIFI, no major eventsMethod
2025 early release414.7141.22.321.39IEEE 1366
2024372.5187.82.311.53IEEE 1366
2023147.8132.21.131.08IEEE 1366
20221,606.7176.53.331.43IEEE 1366
2021303.1164.62.131.69IEEE 1366
2020424.4179.72.441.68IEEE 1366
2019302.4207.22.141.88IEEE 1366
2018763.6222.82.921.91IEEE 1366
2017364.0192.42.221.70IEEE 1366
20162,436.6248.74.582.16IEEE 1366
2015305.0202.32.501.87IEEE 1366
2014792.7212.63.041.71IEEE 1366
2013342.0249.02.421.58IEEE 1366

Counties in its service territory

Counties the utility listed on Form EIA-861 for 2024. Listing a county does not mean the utility serves all of it.

Other utilities in Minnesota

All Minnesota utilities · Electric cooperatives nationwide

Questions and answers

How much does electricity cost from Lake Country Power?

Residential customers paid an average of 17.90¢ per kilowatthour in 2024. EIA derives this by dividing residential revenue by residential sales; it is an average across all rate schedules and charges, not a tariff rate.

How does that compare with Minnesota?

The Minnesota average residential price in 2024 was 15.45¢ and the US average 16.48¢; Lake Country Power was 16% above the state figure. Among 44 utility filings with a bundled residential price in Minnesota, it had the 3rd highest.

What is the average Lake Country Power bill?

$148.34 a month in 2024, on average residential use of 829 kWh a month (annual revenue and sales divided by customers and by twelve). The Minnesota average was $110.06 on 712 kWh.

How reliable is Lake Country Power service?

It reported 372.5 minutes of interruption per customer (SAIDI) including major event days and 187.8 minutes excluding them, with 2.31 interruptions per customer (SAIFI) in 2024. Utilities calculate these under differing methods, so comparisons are approximate.

Is the Lake Country Power price rising?

The average residential price was up 7.6% in 2024 compared with 2023 and up 22.6% compared with 2019. EIA's early, not fully edited release for 2025 shows 18.34¢.

Which counties does Lake Country Power serve?

Its Form EIA-861 service territory lists 8 counties: Aitkin County, MN, Carlton County, MN, Cass County, MN, Itasca County, MN, Koochiching County, MN, Lake County, MN, Pine County, MN and St. Louis County, MN. A county can appear in several utilities' territories.

Provenance

Source: U.S. Energy Information Administration. Annual figures are from Form EIA-861 (sales to ultimate customers, reliability, operational data and service territory files), final release for 2024, respondent "Lake Country Power", utility number 10697; the 2025 row is from EIA's early release. State and US averages are from the Form EIA-861M sales and revenue workbook, published through July 2026. All are US government works in the public domain. Page built 30 Sep 2026. Errors in processing are corrected at the next build; see corrections. For tariffs and rate schedules, consult the utility or the state utility commission.