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The average electricity rate for Minnesota Valley Electric Coop customers is 11.83 cents/kWh. Minnesota Valley Electric Coop has several different electricity rates for residential customers, as shown in the table below.
Rate Name | Rate Type | Cost Per kWh |
Residential General Service Rates | TOU | 11¢ to 11¢ |
In 2021, the average Minnesota Valley Electric Coop customer lost electricity one time for a duration of 100 minutes. In total, the average Minnesota Valley Electric Coop customer had their electricity out for about 83 minutes during the whole year.
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.