Lake Region Electric Cooperative - (MN) Rates: Average Bill & Price per kWh

Residential rates for Lake Region Electric Cooperative - (MN) and how they compare to the Minnesota average — 2024 EIA-861 annual data.

Data through 2024 EIA-861, verified Oct 11, 2026

Residential customers of Lake Region Electric Cooperative - (MN) average $132.06/month at 13.28¢/kWh — above the Minnesota average of $124.46.

Avg bill (2024)$132.06/moannual average Rate13.28¢/kWh Res. customers27,239 Bill rank#21 in MNof tracked utilities

Where Lake Region Electric Cooperative - (MN) rates are heading

Annual residential figures from Form EIA-861, 2019–2024.

Lake Region Electric Cooperative - (MN) price per kWh (annual) ▲ 11.3% over 2019–2024
Lake Region Electric Cooperative - (MN) price per kWh (annual) 11.7¢ 12.5¢ 13.3¢ 13.3¢ 2019 2024
YearRateAvg billRes. customers
2019 11.93¢/kWh $131.53/mo 25,740
2020 12.26¢/kWh $131.21/mo 26,169
2021 12.73¢/kWh $132.52/mo 26,567
2022 11.72¢/kWh $129.79/mo 26,691
2023 12.22¢/kWh $127.24/mo 26,978
2024 13.28¢/kWh $132.06/mo 27,239

Rate context in Minnesota

Statewide residential price trend (12 months) — context for Lake Region Electric Cooperative - (MN)'s 2024 annual figure.

Minnesota price per kWh (12 months) ▲ 3.5% over Jul 25–Jun 26
Minnesota price per kWh (12 months) 15.0¢ 16.2¢ 17.5¢ 17.5¢ Jul 25 Jun 26

Lake Region Electric Cooperative - (MN) vs its state

Annual utility averages next to the latest statewide monthly figure — different windows, both labeled.

MeasureLake Region Electric Cooper…Minnesota (latest month)
Avg bill $132.06/mo $124.46/mo
Rate 13.28¢/kWh 17.52¢/kWh

Common questions

How much is the average electric bill with Lake Region Electric Cooperative - (MN)?

Lake Region Electric Cooperative - (MN) residential customers averaged $132.06 per month in 2024 (EIA-861 annual data) — about $1,584.67 per year.

What does Lake Region Electric Cooperative - (MN) charge per kWh?

Lake Region Electric Cooperative - (MN) averaged 13.28¢ per kWh for residential service in 2024 (annual revenue divided by sales, EIA-861). Actual rates depend on your plan and season.

How does Lake Region Electric Cooperative - (MN) compare to the Minnesota average?

Lake Region Electric Cooperative - (MN) bills average $132.06 — higher than the Minnesota average of $124.46 (latest EIA month).

How many customers does Lake Region Electric Cooperative - (MN) serve?

Lake Region Electric Cooperative - (MN) served 27,239 residential customers in 2024, per EIA-861 — one of the largest utilities we track in MN.

Data: Form EIA-861, 2024 annual residential figures for Lake Region Electric Cooperative - (MN). Bill = residential revenue ÷ customers ÷ 12; rate = revenue ÷ sales. State context uses the latest EIA monthly data. See methodology.