13.60¢
per kWh, 2025
[ Lake Region Electric Cooperative / MN ]
Lake Region Electric Cooperative electricity rates in Minnesota
CO-OP BOARD SETS RATES · DATA 2025
change in average rate, 2024→2025
+2.4%
vs 2024
27,496
residential customers
+10.9%
since 2020
What your bill becomes
Bill today
No change on file
Difference / month · / year
Estimated at Lake Region Electric Cooperative's average effective residential rate (13.60¢/kWh, EIA, all charges included). Your tariff, fees and taxes differ.
Rate history 2015–2025
| Year | ¢/kWh | Change | Customers |
|---|---|---|---|
| 2015 | 11.70¢ | — | 24,813 |
| 2016 | 12.06¢ | +3.1% | 25,048 |
| 2017 | 12.16¢ | +0.8% | 25,276 |
| 2018 | 11.69¢ | −3.9% | 25,669 |
| 2019 | 11.93¢ | +2.0% | 25,740 |
| 2020 | 12.26¢ | +2.8% | 26,169 |
| 2021 | 12.73¢ | +3.8% | 26,567 |
| 2022 | 11.72¢ | −7.9% | 26,691 |
| 2023 | 12.22¢ | +4.3% | 26,978 |
| 2024 | 13.28¢ | +8.7% | 27,239 |
| 2025 | 13.60¢ | +2.4% | 27,496 |
How this compares
15.83¢
Minnesota average, 2025
−14.1%
Lake Region Electric Cooperative vs MN 2025 average
−21.1%
vs US 2025 average
#33
priciest in MN
Serves 8 counties in Minnesota: Becker, Clay, Douglas, Grant, Otter Tail, Todd, Wadena, Wilkin. 49 ZIP codes.
What the numbers show
Since 2015, Lake Region Electric Cooperative's average residential rate has gone from 11.70¢ to 13.60¢ per kWh: +16.2% over 10 years, or about +1.5% a year. It rose in 8 of the 10 years we can compare, and the biggest one-year increase was +8.7% in 2024. The largest drop was −7.9% in 2022.
For a home using 743 kWh a month, the Minnesota average, Lake Region Electric Cooperative's 2025 rate works out to about $1,213 a year, $199 less than at Minnesota's average rate of 15.83¢. Of the 46 Minnesota utilities in our data with a 2025 price, it is the 33rd most expensive.
Lake Region Electric Cooperative served 24,813 homes in 2015 and 27,496 in 2025 (+10.8%), about 1% of Minnesota's residential electricity customers.
Who sets Lake Region Electric Cooperative's rates
Lake Region Electric Cooperative 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 Region Electric Cooperative raising rates in 2026?
Lake Region Electric Cooperative'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 +2.4% from 2024 to 2025.
What does Lake Region Electric Cooperative charge per kWh?
Lake Region Electric Cooperative's average effective residential rate was 13.60¢ per kWh in 2025 (EIA-861, revenue divided by sales, all charges included). Minnesota's 2025 average was 15.83¢.
How much have Lake Region Electric Cooperative rates gone up in five years?
+10.9% between 2020 and 2025, against +24.1% for Minnesota as a whole over the latest five-year window.
How many customers does Lake Region Electric Cooperative have in Minnesota?
27,496 residential customers in 2025, across 8 counties including Becker, Clay, Douglas, 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)