Typical customer: Close call

Lake Country Power and solar

Lake Country Power is an electric cooperative serving about 47,386 homes in Minnesota. Here's what its rates and export rules mean for solar: for a typical customer, solar is a close call.

Average price (2026 est.)
18.8¢16% above Minnesota average
Typical bill
$164873 kWh a month
Exports credited
RetailFull retail net metering
Typical payback
14.3 yrs7.1 kW, cash

Export rules for Lake Country Power customers

Full retail net metering (Minnesota rule).

Minnesota requires utilities to net meter systems under 40 kW; monthly excess is paid or credited at the 'average retail utility energy rate', which is close to retail (excludes fixed charges). This applies to IOUs, co-ops and munis, although co-ops/munis may add a monthly DG fee.

Minnesota net metering details

Solar for a typical Lake Country Power home

System7.1 kW (90% of 873 kWh/month)
Cost$26,575
First-year savings$1,779
Payback14.3 years
25-year net$25,787

Uses the utility's average price.

Solar adoption

Homes with solar (2025)
308
Share of customers
0.7%
Residential solar capacity
3 MW
Residential customers
47,386

EIA-861, 2025.

Questions about Lake Country Power and solar

Does Lake Country Power have net metering?

Lake Country Power follows Minnesota's rules: Minnesota requires utilities to net meter systems under 40 kW; monthly excess is paid or credited at the 'average retail utility energy rate', which is close to retail (excludes fixed charges). This applies to IOUs, co-ops and munis, although co-ops/munis may add a monthly DG fee.

How much does electricity cost with Lake Country Power?

Residential customers paid an average of 18.3¢ per kWh in 2025 (EIA), about 18.8¢ adjusted to 2026. The typical home uses 873 kWh a month, a bill of about $164.

Is solar worth it with Lake Country Power?

For a typical customer, solar is a close call: a 7.1 kW system costing about $26,575 pays back in about 14.3 years, with $25,787 net over 25 years.

How many Lake Country Power customers have solar?

About 308 homes had net-metered solar at the end of 2025, roughly 0.7% of residential customers (EIA-861).

Legal name: Lake Country Power (EIA ID 10697). Data: EIA-861 2025 and monthly data through 2026, state policy research October 2026.