City of Lakefield Electricity Rates

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City of Lakefield Energy Sources

City of Lakefield's energy comes from oil. Oil is the largest source of electricity, providing 100% of City of Lakefield's energy.

100%

Oil

City of Lakefield Rates

City of Lakefield has several different electricity rates for residential customers, as shown in the table below.

Rate Name	Rate Type	Cost Per kWh
Residential Electric (in town)	Fixed	9¢
Residential(out of town)	Fixed	9¢

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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