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The average electricity rate for Stearns Cooperative Elec Assn customers is 12.17 cents/kWh. Stearns Cooperative Elec Assn has several different electricity rates for residential customers, as shown in the table below.
Rate Name | Rate Type | Cost Per kWh |
Energy Management - Heat Pumps | Fixed | 5¢ |
Energy Management - Storage Heating | Fixed | 5¢ |
Energy Management - Dual Fuel Heating | Fixed | 5¢ |
Seasonal Service | Fixed | 9¢ |
In 2021, the average Stearns Cooperative Elec Assn customer lost electricity one time for a duration of 194 minutes. In total, the average Stearns Cooperative Elec Assn customer had their electricity out for about 248 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.