Editor: Katerine G., Editor & Data Researcher · Research & publishing: Electric Consumer Editorial Team · Data retrieved · Sources named on this page: EIA-861, EIA retail sales · How we got these numbers · Report an error
Lake Region Electric Cooperative in Minnesota: 13.28 ¢ home rates, SAIDI and solar
Roughly 30,069 Minnesota accounts belong to Lake Region Electric Cooperative, classed by EIA as cooperative; the residential count is 27,239. It connects 4.4 net-metered homes per 1,000 home accounts, 0.5 times the national median.
Lake Region Electric Cooperative: 995 kWh a month costs roughly $132 in energy at 13.28 ¢/kWh, -14.1% on the Minnesota average of 15.45 ¢.
It connects 4.4 net-metered homes per 1,000 home accounts, 0.5 times the national median.
Rooftop solar on the Lake Region Electric grid
Net-metered homes per 1,000
4.40.5x the national median of 8.7
Net metering stands out at Lake Region Electric Cooperative: 120 residential installations on 27,239 home accounts, 4.4 per 1,000. That is place 14 of 16 Minnesota utilities and 0.5 times the national median (8.7). All installations together total 1.9 MW, an average of 15.8 kW each, and 1,859 MWh went back to the utility.
How it compares
Lake Region Electric Cooperative
Lake Region Electric Cooperative, 2024
Home
Business
Bill
SAIDI
Lake Region Electric CooperativeLowest in this table
13.28 ¢/kWh
10.47 ¢/kWh
$132at 995 kWh
102 minSAIDI
Minnesota average against this company, which is 2 of 16 on price
Lake Region Electric: +2.4% on 2024 for homes, Minnesota +2.4%.
Lake Region Electric home price, 2025
13.60 ¢/kWh+2.4% on 2024, early release
Lake Region Electric SAIDI, 2025
121 min+18% on 2024, early release
Lake Region Electric against Minnesota, 2025
+0.1 pointsLake Region Electric +2.4%, Minnesota +2.4%, price in Minnesota 15.82 ¢
Lake Region Electric Cooperative: 13.60 ¢/kWh in the 2025 early release, +2.4% from 13.28 ¢; Minnesota as a whole went +2.4%, so Lake Region Electric kept pace with it by 0.1 points. Its SAIDI is 121 minutes against 102 in 2024.
Carbon context
Lake Region Electric Cooperative serves 27,239 homes in Minnesota. At 995 kWh a month that is about 337 kg of CO₂, or 4,048 kg a year, at the Minnesota plant rate, state generation and not this utility: Minnesota generation mix.
Lake Region Electric Cooperative charts
Residential price since 2015: 13.28 ¢ in 2024
11.70 ¢ in 2015, 13.28 ¢ in 2024 (+13.5%); Minnesota 12.12 to 15.45 ¢.
Lake Region Electric Cooperative residential price 2015-2024, 2015 to 2024: 10 rows
Lake Region Electric Cooperative billed homes 11.70 ¢/kWh in 2015 and 13.28 ¢ in 2024, +13.5% in all, and lagged the Minnesota average (+27.5%) by 14.0 points. Lake Region Electric Cooperative's sharpest move came in 2024, +8.6%. The latest year is the high at 13.28 ¢; the low was 11.69 ¢ (2018). 2024: +8.6% here, +4.9% for the Minnesota average. SAIDI at Lake Region Electric Cooperative (major events excluded) went from 117 minutes in 2015 to 102 in 2024, -12%, between 86 (2019) and 137 (2021). Lake Region Electric Cooperative filed SAIDI under the national median in 1 of 10 years; its 2024 figure was 102 minutes, +3 from that year's median. 2022: 638 minutes with major events, 113 without, the widest gap of any year. Lake Region Electric Cooperative has 1 cheaper and 14 higher-priced Minnesota peers among 16 with 20,000+ homes. Next cheaper, Otter Tail Power Co, bills 11.33 ¢ (-1.94). Next higher-priced, Crow Wing Cooperative Power & Light Comp, bills 13.33 ¢ (+0.05).
Price is the selling point in this record: 14.1% under the Minnesota average, with 102 outage minutes close to the national median (1.03x).
Home accounts at Lake Region Electric Cooperative went from 24,813 in 2015 to 27,239 in 2024, +9.8%. Business customers paid 0.79 times the home price in 2024 (10.47 against 13.28 ¢); the ratio was 0.75 in 2015. SAIFI went from 1.41 in 2015 to 1.00 in 2024, between 0.92 and 1.41.
Outages and home price of Lake Region Electric Cooperative (EIA utility 10618), 2013 to 2024
Yearly SAIDI at Lake Region Electric Cooperative: 114 minutes in 2013, 102 in 2024, a drop of 10%. Its best year was 2019 (86 min), its worst 2021 (137 min), across 12 filed years. Against a Minnesota median of 57 minutes in 2024, Lake Region Electric Cooperative was above the middle.
Corrected for inflation, a Lake Region Electric Cooperative home paid 13.62 ¢/kWh in 2024 against 15.53 ¢ in 2013, −12.2%; the bill itself went 11.23 ¢ to 13.28 ¢ (+18.2%). A home using 1,000 kWh a month paid $1,863 for the year at the 2013 real price and $1,635 at the 2024 price. Place on home price: 58th cheapest of 99 in 2013, 13th of 45 in 2024 among Minnesota utilities with 1,000+ homes.
Lake Region Electric Cooperative outage minutes a customer, 2013 to 2024: 102 in 2024
Lake Region Electric Cooperative at 102 min in 2024 and the Minnesota median at 57.
Lake Region Electric Cooperative home price since 2013: −12.2% after inflation
Lake Region Electric Cooperative: 13.62 ¢ in 2025 dollars (solid) and 13.28 ¢ as billed (dashed) in 2024.
Lake Region Electric Cooperative, EIA utility 10618, year by year among Minnesota utilities
Lake Region Electric Cooperati 2013-2024: 12 rows
Year, Lake Region Electr
¢ billed
¢ in 2025 $
Price place, Lake Region El
SAIDI min
SAIFI
SAIDI place, Lake Region El
Minnesota median SAIDI
2013
11.23
15.53
58 of 99
114
1.13
26 of 35
66
2014
11.19
15.22
51 of 99
132
1.28
33 of 39
74
2015
11.70
15.89
54 of 100
117
1.41
33 of 41
67
2016
12.06
16.18
51 of 98
103
1.07
28 of 45
89
2017
12.16
15.97
45 of 99
118
1.19
37 of 43
68
2018
11.69
14.99
38 of 99
131
1.26
39 of 49
80
2019
11.93
15.02
47 of 114
86
0.92
29 of 48
79
2020
12.26
15.25
16 of 43
118
1.23
23 of 31
62
2021
12.73
15.12
17 of 43
137
1.10
30 of 33
66
2022
11.72
12.89
10 of 43
113
1.01
22 of 33
67
2023
12.22
12.91
11 of 43
104
1.02
28 of 34
59
2024
13.28
13.62
13 of 45
102
1.00
29 of 36
57
Lake Region Electric Coo, EIA utility 10618: EIA-861, CPI-U.
How big is Lake Region Electric Cooperative in Minnesota, by customer accounts?
30,069 accounts in 2024: residential 27,239, commercial 2,082, industrial 748.
How many cents per kWh does Lake Region Electric Cooperative charge homes?
In 2024 homes paid 13.28 cents; against the Minnesota average that is -14.1%.
What are the SAIDI and SAIFI of Lake Region Electric Cooperative?
SAIDI 102.5 min and SAIFI 1.00 a year, major events excluded; ratio to the national median 1.03, CAIDI 102 min.
How many net-metered systems connect to Lake Region Electric Cooperative?
120 installations with 1.9 MW, of which residential installations number 120.
What would a typical Lake Region Electric Cooperative home pay each month?
995 kWh at 13.28 cents comes to about $132, energy only.
Is Lake Region Electric Cooperative cheaper than other Minnesota utilities?
Rank 2 of 16 in Minnesota on price, -14.1% against the state average; 1 charge less than 13.28 ¢.
What share of Lake Region Electric Cooperative sales do homes buy?
Homes take 71.5% of 454,756 MWh, commercial accounts 25.6%, industrial and other 2.9%; the 2,082 commercial accounts use 55,833 kWh each, 4.7 times a home.
At Lake Region Electric Cooperative, are smart meters in homes, with a TOU option?
33,992 of 33,992 home meters are AMI, 100.0%. Lake Region Electric offers a home time-of-use rate; 11 customers use dynamic pricing, 0.04% of its homes.
Has Lake Region Electric Cooperative moved up the Minnesota price list since 2015?
8th cheapest of 14 in 2015, 2nd of 16 in 2024; its price rose 13.5% while Minnesota rose 27.5%.
Where does Lake Region Electric Cooperative stand among 8 peers?
Place 1 of 9 on home price at 13.28 ¢ (Minnesota cooperatives); median 13.98 ¢, cheapest member 13.28 ¢.
Did Lake Region Electric Cooperative cut or raise its 2025 home price?
13.60 cents per kWh, +2.4% on the 13.28 of 2024 (EIA early release for 2025).
Utilities with a similar home price
Home prices nearest to Lake Region Electric Cooperative at 13.28 ¢/kWh in 2024, among companies with a page here, any state.