Red Lake Electric Coop, Inc Electricity Rates

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Red Lake Electric Coop, Inc Rates

Red Lake Electric Coop, Inc has several different electricity rates for residential customers, as shown in the table below.

Rate Name	Rate Type	Cost Per kWh
Off-peak Electric Heating Rates - Category III- Residential	Fixed	6¢
Off-peak Electric Heating Rates - Category I - Residential	Fixed	8¢
Off-peak Electric Heating Rates - Residential- Category II	Fixed	6¢
General Service - 1.5 to 10 kVA - Residential	Fixed	10¢ to 10¢

Netmetering

Systems under 40 kW: Reconciled monthly; customer may opt to receive payment or credit on next bill at the retail utility energy rate For systems 40 kW -1 MW, NEG is credited at the avoided cost rate, or customers may elect to be compensated in the form of a kWh credit. Excess credit will be reimbursed at the end of the calendar year at the avoided cost rate.

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