Minnesota Valley Electric Coop late fee
Minnesota · Cooperative
Minnesota Valley Electric Coop charges 1.5% for a residential electric bill paid late.
- Percentage fee
- 1.5% of the past-due balance
- Can disconnect
- Yes, for non-payment
- Percentile
- Higher than 14% of US utilities that charge a percentage fee
- Residential customers
- 43,412
Disconnections in 2024
- Disconnections
- 905 for non-payment
- Rate
- 2.14 per 100 residential customers
- Final notices
- 2,538
- Reconnections
- 895
Counts are disconnection events, not households. Source: US Energy Information Administration, Form EIA-112. See how this compares.
1.5% of total monthly charges if not paid by 1st of following month (Minnesota Valley EC)
Source: https://www.mvec.net/