redlakeelectric.com
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 |
General Service - 1.5 to 10 kVA - Residential | Fixed | 10¢ to 10¢ |
Off-peak Electric Heating Rates - Category III- Residential | Fixed | 6¢ |
Off-peak Electric Heating Rates - Residential- Category II | Fixed | 6¢ |
Off-peak Electric Heating Rates - Category I - Residential | Fixed | 8¢ |
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.