Runestone Electric Assn
Cooperative electric utility · Minnesota · #875 of 3,199 U.S. utilities by customers · EIA utility #16368
Runestone Electric Assn is a cooperative electric utility serving 15,469 customers in Minnesota. In 2025 it sold 241 gigawatt-hours of electricity for $34.97M in revenue, an average realized rate of 14.49¢ per kWh across all customer classes and 14.75¢ per kWh for residential customers. Its reported service territory covers 7 counties. EIA records its activities as: distribution.
Customers, sales and rates by customer class (2025)
| Class | Customers | Sales (GWh) | Revenue | Avg realized rate | Share of sales |
|---|---|---|---|---|---|
| Residential | 14,349 | 205 | $30.28M | 14.75¢ | |
| Commercial | 821 | 24.4 | $3.32M | 13.60¢ | |
| Industrial | 299 | 11.8 | $1.37M | 11.65¢ | |
| Total | 15,469 | 241 | $34.97M | 14.49¢ |
Average realized rate = revenue divided by sales as reported on EIA Form 861. It blends fixed charges, demand charges and riders into one per-kWh figure; it is not the utility's tariff rate. Estimated residential bill assumes the average residential customer's actual 2025 usage (1,192 kWh/month).
Five-year trend
| Year | Customers | Sales (GWh) | Revenue | Residential rate |
|---|---|---|---|---|
| 2021 | 14,970 | 239 | $29.77M | 12.78¢ |
| 2022 | 15,089 | 251 | $31.05M | 12.65¢ |
| 2023 | 15,239 | 244 | $31.52M | 13.31¢ |
| 2024 | 15,391 | 229 | $32.12M | 14.36¢ |
| 2025 | 15,469 | 241 | $34.97M | 14.75¢ |
Reliability (2025)
Average outage time (SAIDI): 135 minutes per customer per year
Average outages (SAIFI): 1.57 per customer
Average restoration time (CAIDI): 86 minutes
As reported for Minnesota under the IEEE standard, with major event days included where the standard reports them. Lower is better; see the reliability rankings.
Energy supply (2025)
Net generation: — GWh
Wholesale power purchased: 257 GWh
Winter peak demand: 66 MW
Energy losses: 5.7% of energy handled
Meters & rooftop solar (2025)
Smart (AMI) meters: 100.0% of 19,884 meters
Customer-sited generation (net metering): 75 installations, 1.2 MW of capacity
Counties served
Douglas, MNGrant, MNOtter Tail, MNPope, MNStearns, MNStevens, MNTodd, MN
Other large utilities in Minnesota
- Northern States Power Co - Minnesota - 1,594,256 customers, residential 16.50¢
- ALLETE, Inc. - 153,192 customers, residential 15.86¢
- Connexus Energy - 148,716 customers, residential 14.11¢
- Otter Tail Power Co - 134,544 customers, residential 11.19¢
- Dakota Electric Association - 117,913 customers, residential 15.63¢
- East Central Energy - 68,154 customers, residential 17.60¢
- Rochester Public Utilities - 60,963 customers, residential 18.58¢
- Wright-Hennepin Coop Elec Assn - 57,130 customers, residential 15.00¢
All Minnesota utilities and rates
Source: U.S. Energy Information Administration, Form EIA-861 2025 (filed by the utility; figures as published). Utility #16368 in the EIA frame.