18.34¢
per kWh, 2025
[ Lake Country Power / MN ]
Lake Country Power electricity rates in Minnesota
CO-OP BOARD SETS RATES · DATA 2025
change in average rate, 2024→2025
+2.5%
vs 2024
47,386
residential customers
+22.7%
since 2020
What your bill becomes
Bill today
No change on file
Difference / month · / year
Estimated at Lake Country Power's average effective residential rate (18.34¢/kWh, EIA, all charges included). Your tariff, fees and taxes differ.
Rate history 2015–2025
| Year | ¢/kWh | Change | Customers |
|---|---|---|---|
| 2015 | 13.98¢ | — | 45,202 |
| 2016 | 14.79¢ | +5.8% | 45,326 |
| 2017 | 14.88¢ | +0.6% | 45,444 |
| 2018 | 14.38¢ | −3.4% | 45,594 |
| 2019 | 14.60¢ | +1.5% | 45,710 |
| 2020 | 14.95¢ | +2.4% | 45,914 |
| 2021 | 15.39¢ | +2.9% | 46,301 |
| 2022 | 15.66¢ | +1.8% | 46,658 |
| 2023 | 16.64¢ | +6.3% | 46,936 |
| 2024 | 17.90¢ | +7.6% | 47,204 |
| 2025 | 18.34¢ | +2.5% | 47,386 |
How this compares
15.83¢
Minnesota average, 2025
+15.9%
Lake Country Power vs MN 2025 average
+6.4%
vs US 2025 average
#3
priciest in MN
Serves 8 counties in Minnesota: Aitkin, Carlton, Cass, Itasca, Koochiching, Lake, Pine, St Louis. 103 ZIP codes.
What the numbers show
Since 2015, Lake Country Power's average residential rate has gone from 13.98¢ to 18.34¢ per kWh: +31.2% over 10 years, or about +2.8% a year. It rose in 9 of the 10 years we can compare, and the biggest one-year increase was +7.6% in 2024. The largest drop was −3.4% in 2018.
For a home using 743 kWh a month, the Minnesota average, Lake Country Power's 2025 rate works out to about $1,635 a year, $224 more than at Minnesota's average rate of 15.83¢. Of the 46 Minnesota utilities in our data with a 2025 price, it is the 3rd most expensive.
Lake Country Power served 45,202 homes in 2015 and 47,386 in 2025 (+4.8%), about 2% of Minnesota's residential electricity customers.
Who sets Lake Country Power's rates
Lake Country Power is a member-owned electric cooperative. A board elected by its members sets its rates. In some states the Minnesota Public Utilities Commission also reviews co-op rates, but most co-op rate changes do not go through a commission rate case, so watch the co-op's own member notices and board meetings.
Commission contact: Minnesota Public Utilities Commission. How we calculate every figure on this page: methodology.
Questions
Is Lake Country Power raising rates in 2026?
Lake Country Power's rates are set by its member-elected board, not through a rate case at the Minnesota Public Utilities Commission, so check its own notices for a change this year. Its average residential rate moved +2.5% from 2024 to 2025.
What does Lake Country Power charge per kWh?
Lake Country Power's average effective residential rate was 18.34¢ per kWh in 2025 (EIA-861, revenue divided by sales, all charges included). Minnesota's 2025 average was 15.83¢.
How much have Lake Country Power rates gone up in five years?
+22.7% between 2020 and 2025, against +24.1% for Minnesota as a whole over the latest five-year window.
How many customers does Lake Country Power have in Minnesota?
47,386 residential customers in 2025, across 8 counties including Aitkin, Carlton, Cass, according to the EIA-861 survey.
Where do these numbers come from?
Rates and customer counts are from the US Energy Information Administration's annual EIA-861 survey, which every US utility files. Nothing here is a utility bill; use it to understand the direction and size of changes.
Sources
- EIA-861 Sales to Ultimate Customers, 2015–2025 (released 2026-10-07)
- EIA-861M monthly state averages through Jul 2026
- NREL utility-by-ZIP lookup (2024)