Lake Region Electric Cooperative (MN) Electricity Rate per kWh (2024 EIA Data)

Lake Region Electric Cooperative (MN) is a member-owned cooperative electric utility that reports to the U.S. Energy Information Administration under utility number 10618. In 2024 it served 27,239 bundled residential customers in Minnesota, and its average realised residential price was 13.28 cents per kWh: $43 million of residential revenue divided by 325,139 MWh of residential sales.

Across the other sectors, Lake Region Electric Cooperative (MN)'s 2024 average prices were 10.47 cents for commercial customers (2,082 accounts) and 14.30 cents for industrial customers (748 accounts). Unusually, industrial customers paid 1.02 cents more per kWh than households.

Within Minnesota, Lake Region Electric Cooperative (MN) ranked number 12 of 47 utilities with bundled or delivery service by residential accounts served (27,239) and accounted for 1.47% of the state's residential electricity sales in 2024, measured in MWh sold or delivered rather than in customers. The state-wide average realised residential price in 2024, computed from the same EIA file, was 15.45 cents per kWh, so Lake Region Electric Cooperative (MN)'s customers paid 2.17 cents below the Minnesota average (-14.0%). For context, EIA's latest monthly figure for Minnesota is 17.52 cents per kWh (June 2026, Electric Power Monthly); that is a different, more recent measure across all utilities and is not directly comparable with a 2024 annual average.

EIA's service-territory file places Lake Region Electric Cooperative (MN) in 8 Minnesota counties: Becker, Clay, Douglas, Grant, Otter Tail, Todd, Wadena, and Wilkin. On the grid side it operates in the MRO NERC region and the MISO market, and reported distribution as its activities. Balancing authority code: MISO.

EIA's preliminary 2025 early release (published 4 August 2026) shows a residential price of 13.60 cents per kWh for Lake Region Electric Cooperative (MN) in Minnesota across 27,496 residential customers, 0.32 cents higher than the 2024 final figure. Early-release data has not been validated by EIA and must not be aggregated; the 2024 final figures remain the reference on this page until the 2025 final file is published.

The nearest other utilities in Minnesota by service-territory centroid are City of Alexandria (MN) (33.8 miles away, 11.57 cents), Runestone Electric Assn (38.4 miles away, 14.36 cents), City of Moorhead (MN) (50.7 miles away, 11.38 cents), Itasca-Mantrap Co-op Electrical Assn (53.9 miles away, 13.44 cents), and Stearns Cooperative Elec Assn (59.4 miles away, 13.88 cents).