Power Bill Facts

Lake Region Electric Cooperative: average electricity price and bill

Electric cooperative in Minnesota. 27,239 residential customers in 2024. EIA utility number 10618.

Annual file
Form EIA-861, 2024 final
Early release
2025, not fully edited
Monthly data
to July 2026

The average residential price of Lake Region Electric Cooperative was 13.60 cents per kilowatt-hour (kWh) in 2025. EIA early release, not fully edited

This figure is from EIA's early release. EIA has not fully edited the early release. For 2024, the newest final year, the price was 13.28 cents per kWh.

The average monthly bill of a residential customer was $132.06 in 2024, for 995 kWh each month. The Minnesota average price was 15.45 cents per kWh in 2024. The US average price was 16.48 cents per kWh in 2024.

In July 2026, the Minnesota average was 17.45 cents per kWh. EIA marks this month as preliminary. EIA has monthly figures for a sample of utilities, and Lake Region Electric Cooperative is not in the sample.

Average price of electricity to ultimate consumers represents the cost per unit of electricity sold and is calculated by dividing electric revenue from ultimate consumers by the corresponding sales of electricity.

The average price of electricity to ultimate consumers reported in this publication by sector represents a weighted average of consumer revenue and sales, and does not equal the per kWh rate charged by the electric power industry participant to the individual consumers.

EIA's words. Source: U.S. Energy Information Administration, Electric Power Monthly, Technical notes, section "Form EIA-861" (March 2024). "This publication" is the Electric Power Monthly.

In plain words: the average price is revenue divided by sales. It is not the rate on a rate schedule. The annual figures on this page are for 2024. Monthly data through .

Since the last EIA release: no tracked figure of Lake Region Electric Cooperative changed. The record of changes starts with the next release. EIA releases and changes

Price and bill beside Minnesota, the ownership type and the US

Form EIA-861, 2024

Lake Region Electric Cooperative beside its references, 2024
FigureThis utilityElectric cooperatives, US medianMinnesotaUnited States
Average residential price (cents per kWh)13.2813.7415.4516.48
Average monthly bill (dollars per month)$132.06$149.95$110.06$142.26
Average monthly use (kWh per month)9951,126712863
Change of the price in 1 year (percent)+8.7%n/a+4.9%+3.0%
Change of the price in 5 years (percent)+11.3%n/a+18.5%+26.7%

State and US figures are EIA's own averages for all customers. The ownership column is a median of utilities with 1,000 or more residential customers, from the final 2024 file.

The average monthly bill is residential revenue divided by customers and by 12 months. The use is residential sales divided by customers and by 12 months. These figures are for bundled service only.

MNUS7.4335.66

13.28 cents per kWh, Lake Region Electric Cooperative, 2024

The dial puts the 2024 price among the 2024 prices of 1,230 US utilities. 49% of them had this price or a lower price. The marks show the Minnesota average and the US average. The scale runs from 7.43 to 35.66 cents per kWh.

Sales by sector

Form EIA-861, 2024

Lake Region Electric Cooperative: customers, sales and revenue by sector, 2024
SectorCustomersSalesShare of sales percentRevenue dollarsAverage price, bundled cents per kWh
Residential27,239325.1 GWh7143,164,90013.28
Commercial2,082116.2 GWh2612,171,10010.47
Industrial74813.4 GWh31,912,70014.30

Customers, sales and revenue include each service type that the utility reported. The price column uses bundled service only. Sources of energy: 482.8 GWh in total. The utility generated 0% and bought 482.7 GWh. Summer peak demand: 75 MW.

Price history

Form EIA-861, 2013 to 2025

cents per kWh0510152020132015201720192021202320252013 US average: 12.13 cents per kWh2014 US average: 12.52 cents per kWh2015 US average: 12.65 cents per kWh2016 US average: 12.55 cents per kWh2017 US average: 12.89 cents per kWh2018 US average: 12.87 cents per kWh2019 US average: 13.01 cents per kWh2020 US average: 13.15 cents per kWh2021 US average: 13.66 cents per kWh2022 US average: 15.04 cents per kWh2023 US average: 16 cents per kWh2024 US average: 16.48 cents per kWh2025 US average: 17.3 cents per kWh2013 Minnesota average: 11.81 cents per kWh2014 Minnesota average: 12.01 cents per kWh2015 Minnesota average: 12.12 cents per kWh2016 Minnesota average: 12.67 cents per kWh2017 Minnesota average: 13.04 cents per kWh2018 Minnesota average: 13.14 cents per kWh2019 Minnesota average: 13.04 cents per kWh2020 Minnesota average: 13.17 cents per kWh2021 Minnesota average: 13.5 cents per kWh2022 Minnesota average: 14.25 cents per kWh2023 Minnesota average: 14.73 cents per kWh2024 Minnesota average: 15.45 cents per kWh2025 Minnesota average: 15.82 cents per kWh2013 Lake Region Electric Cooperative: 11.23 cents per kWh2014 Lake Region Electric Cooperative: 11.19 cents per kWh2015 Lake Region Electric Cooperative: 11.7 cents per kWh2016 Lake Region Electric Cooperative: 12.06 cents per kWh2017 Lake Region Electric Cooperative: 12.16 cents per kWh2018 Lake Region Electric Cooperative: 11.69 cents per kWh2019 Lake Region Electric Cooperative: 11.93 cents per kWh2020 Lake Region Electric Cooperative: 12.26 cents per kWh2021 Lake Region Electric Cooperative: 12.73 cents per kWh2022 Lake Region Electric Cooperative: 11.72 cents per kWh2023 Lake Region Electric Cooperative: 12.22 cents per kWh2024 Lake Region Electric Cooperative: 13.28 cents per kWh2025 Lake Region Electric Cooperative: 13.6 cents per kWhcents per kWh0510152020132017202120252013 US average: 12.13 cents per kWh2014 US average: 12.52 cents per kWh2015 US average: 12.65 cents per kWh2016 US average: 12.55 cents per kWh2017 US average: 12.89 cents per kWh2018 US average: 12.87 cents per kWh2019 US average: 13.01 cents per kWh2020 US average: 13.15 cents per kWh2021 US average: 13.66 cents per kWh2022 US average: 15.04 cents per kWh2023 US average: 16 cents per kWh2024 US average: 16.48 cents per kWh2025 US average: 17.3 cents per kWh2013 Minnesota average: 11.81 cents per kWh2014 Minnesota average: 12.01 cents per kWh2015 Minnesota average: 12.12 cents per kWh2016 Minnesota average: 12.67 cents per kWh2017 Minnesota average: 13.04 cents per kWh2018 Minnesota average: 13.14 cents per kWh2019 Minnesota average: 13.04 cents per kWh2020 Minnesota average: 13.17 cents per kWh2021 Minnesota average: 13.5 cents per kWh2022 Minnesota average: 14.25 cents per kWh2023 Minnesota average: 14.73 cents per kWh2024 Minnesota average: 15.45 cents per kWh2025 Minnesota average: 15.82 cents per kWh2013 Lake Region Electric Cooperative: 11.23 cents per kWh2014 Lake Region Electric Cooperative: 11.19 cents per kWh2015 Lake Region Electric Cooperative: 11.7 cents per kWh2016 Lake Region Electric Cooperative: 12.06 cents per kWh2017 Lake Region Electric Cooperative: 12.16 cents per kWh2018 Lake Region Electric Cooperative: 11.69 cents per kWh2019 Lake Region Electric Cooperative: 11.93 cents per kWh2020 Lake Region Electric Cooperative: 12.26 cents per kWh2021 Lake Region Electric Cooperative: 12.73 cents per kWh2022 Lake Region Electric Cooperative: 11.72 cents per kWh2023 Lake Region Electric Cooperative: 12.22 cents per kWh2024 Lake Region Electric Cooperative: 13.28 cents per kWh2025 Lake Region Electric Cooperative: 13.6 cents per kWh

Lake Region Electric CooperativeMinnesota averageUS average

Cents per kWh, not adjusted for inflation. The hollow point is EIA's 2025 early release. EIA has not fully edited it.
Table of the figures by year, 2013 to 2025
Lake Region Electric Cooperative: residential figures by year
YearAverage price cents per kWhMinnesota average cents per kWhAverage bill dollars per monthAverage use kWh per monthResidential customersSales, all sectors
2025Early release13.6015.82$143.051,05227,496477.5 GWh
202413.2815.45$132.0699527,239454.8 GWh
202312.2214.73$127.241,04126,978469.8 GWh
202211.7214.25$129.791,10826,691477.9 GWh
202112.7313.50$132.521,04126,567459 GWh
202012.2613.17$131.211,07126,169453 GWh
201911.9313.04$131.531,10325,740456.5 GWh
201811.6913.14$128.511,09925,669457.2 GWh
201712.1613.04$126.021,03625,276427.9 GWh
201612.0612.67$122.971,02025,048420.7 GWh
201511.7012.12$122.051,04324,813424.8 GWh
201411.1912.01$128.691,15024,457443.1 GWh
201311.2311.81$127.131,13224,340448.6 GWh

EIA says that its early release is not fully edited. This site shows it for this utility only. It is in no average and in no median.

Reliability: SAIDI and SAIFI

Form EIA-861, 2024

  • SAIDI with major event days: 297.4 minutes without power for each customer in 2024, about 5 hours.
  • SAIDI without major event days: 102.5 minutes for each customer in 2024, about 1 hour 30 minutes.
  • SAIFI with major event days: 1.82 interruptions for each customer in 2024.
  • SAIDI, with major event days297.4 minutesMN median: 76.7 minutes
  • SAIDI, without major event days102.5 minutesMN median: 56.9 minutes
SAIDI and SAIFI, 2024: Lake Region Electric Cooperative beside Minnesota and the US
FigureThis utilityMinnesota, median of 43 utilitiesMinnesota, EIA totalUS, median of 893 utilities
SAIDI with major event days (minutes per customer per year)297.476.7219.6184.5
SAIDI without major event days (minutes per customer per year)102.556.992.299.8
SAIFI with major event days (interruptions per customer per year)1.820.821.251.40
SAIFI without major event days (interruptions per customer per year)1.000.660.901.01

The utility reported these figures to EIA with the IEEE 1366 standard. Methods differ between utilities. What SAIDI and SAIFI mean

For utilities using the IEEE method, a Major Event Day is any day that exceeds a daily SAIDI threshold called Tmed. Tmed is a duration statistic calculated from daily SAIDI values from the past five years. For utilities not using IEEE methods, Major Events are self-determined by the reporting utility.

EIA's words. Source: U.S. Energy Information Administration, Electric Power Annual with data for 2024, Table 11.1, notes (October 2025).

Table of SAIDI and SAIFI by year, 2013 to 2025
Lake Region Electric Cooperative: SAIDI and SAIFI by year
YearSAIDI minutes, with major event daysSAIDI minutes, without major event daysSAIFI interruptions per customer, with major event daysSAIFI interruptions per customer, without major event daysMethod
2025Early release227.2120.61.550.88IEEE 1366
2024297.4102.51.821.00IEEE 1366
2023208.5103.51.841.02IEEE 1366
2022637.7112.62.461.01IEEE 1366
2021264.4137.11.831.10IEEE 1366
2020391.3117.72.711.23IEEE 1366
2019158.786.31.690.92IEEE 1366
2018234.9131.02.951.26IEEE 1366
2017316.7117.72.081.19IEEE 1366
2016259.5102.62.081.07IEEE 1366
2015162.2116.81.851.41IEEE 1366
2014241.1132.22.121.28IEEE 1366
2013224.0114.01.791.13IEEE 1366

Counties in the service territory

Form EIA-861, 2024

The utility listed these 8 counties on Form EIA-861. A utility can serve only a part of a county on its list.

Other utilities in Minnesota

Form EIA-861, 2024

Watch or compare this utility

The watch list and the compare list stay in this browser. Feed of changes: changes in Minnesota (RSS).

Official channels

EIA's files have no website for a utility. The state utility commission and the utility have the rate schedules.

Cite this page

Power Bill Facts. Lake Region Electric Cooperative: average electricity price and bill. https://powerbillfacts.com/utility/lake-region-electric-cooperative-mn-10618/ Source: U.S. Energy Information Administration, Form EIA-861 (2024, early release 2025) and Form EIA-861M. Data through . Page made .

Where the figures come from

Source: U.S. Energy Information Administration. Annual figures: Form EIA-861, final release for 2024, respondent "Lake Region Electric Cooperative - (MN)", utility number 10618. The 2025 row is from EIA's early release. State and US averages: Form EIA-861M sales and revenue workbook, through July 2026. These are US government works in the public domain. An error in the processing of this site is corrected at the next build: report an error.

Questions about Lake Region Electric Cooperative

How does the price of Lake Region Electric Cooperative compare with other utilities?
In 2024, 49% of the 1,230 US utilities with a price had this price or a lower price. In Minnesota, 12 of the 43 other utilities with a price had a lower price.
Did the price of Lake Region Electric Cooperative change?
The average residential price was 12.22 cents per kWh in 2023 and 13.28 cents per kWh in 2024. The 2024 price was 1.06 cents per kWh higher than the 2023 price. In 2019, the price was 11.93 cents per kWh. These prices are not adjusted for inflation.
How many minutes without power did Lake Region Electric Cooperative report?
Lake Region Electric Cooperative reported 297.4 minutes (about 5 hours) without power for each customer in 2024, with major event days. Without major event days, the figure was 102.5 minutes (about 1 hour 30 minutes). EIA's name for this figure is SAIDI. The utility also reported 1.82 interruptions for each customer, with major event days (SAIFI).
Which counties does Lake Region Electric Cooperative serve?
Lake Region Electric Cooperative listed 8 counties in Minnesota in its service territory on Form EIA-861 for 2024. This page has the full list. A utility can serve only a part of a county.