Federated Rural Electric Assn late fee
Iowa, Minnesota · Cooperative
Federated Rural Electric Assn charges 3% for a residential electric bill paid late.
- Percentage fee
- 3% of the past-due balance
- Can disconnect
- Yes, for non-payment
- Percentile
- Higher than 46% of US utilities that charge a percentage fee
- Residential customers
- 5,780
Disconnections in 2024
- Disconnections
- 32 for non-payment
- Rate
- 0.58 per 100 residential customers
- Final notices
- 5,443
- Reconnections
- 15
Counts are disconnection events, not households. Source: US Energy Information Administration, Form EIA-112. See how this compares.
3% late penalty (harvested from federatedrea.coop).
Source: https://www.federatedrea.coop/payment-options https://www.federatedrea.coop/paperless-bills-payment-options