Cooperative · Minnesota · EIA 18047
Steele-Waseca Cooperative Electric
Cooperative · Minnesota · 12K customers. According to the U.S. Energy Information Administration's EIA Form 861, reliability for 2023 shows SAIDI 62 minutes/customer.
Reliability verdict
Steele-Waseca Cooperative Electric shows above-average chronic reliability in 2023: 43 minutes SAIDI excluding major events across 12K customers.
- 62 min
- SAIDI 2023
- 0.71
- SAIFI 2023
- 43 min
- SAIDI ex-MED
- 12K
- Customers
Chronic reliability judged on SAIDI excluding major event days when reported (IEEE 1366). Source: EIA Form 861 · August 2026.
Signature read: short interruption minutes vs the 911 utility cohort (≤96 min tercile cut).
What short-outage Steele-Waseca Cooperative Electric filings show
Steele-Waseca Cooperative Electric is a member-owned electric cooperative operating in Minnesota under EIA identifier 18047. It reports service to approximately 11,962 customer accounts and generated about $0.04 billion in annual electric revenue, with a service footprint spanning 24 ZIP codes. Being member-owned, this cooperative answers to its ratepayers rather than outside shareholders, a structure that tends to influence how rate cases and capital spending get decided.
In 2023, the average Steele-Waseca Cooperative Electric customer experienced 61.6 minutes of power interruptions, a measure known as SAIDI, or System Average Interruption Duration Index. That keeps this utility below the typical 120–180 minute national benchmark, consistent with a well-hardened distribution system and fast restoration crews. Over the same period, SAIFI (outage events per customer) was 0.71, putting the typical customer at roughly 1 distinct interruption that year. Strip out major event days (hurricanes, ice storms) and SAIDI falls to 42.8 minutes; the difference from the headline 61.6 shows how much of the outage total came from weather rather than everyday grid issues.
With 4 consecutive years of EIA data (2020–2023), Steele-Waseca Cooperative Electric's reliability record can be judged on trend rather than one isolated year. Over that window, SAIDI moved from 81.5 down to 61.6 minutes, a trend worth noting for anyone weighing capital investment outcomes.
Based on this utility's own EIA Form 861 reliability record -- baseline (major-event- excluded) outage duration, total outage duration, and outage frequency -- each benchmarked against every reporting utility nationwide. Not a measure of electricity rates or customer service, which this portal does not track.
62 outage minutes per customer annually
Annual minutes without electric service (2023)
SAIDI by year (2020-2023)
Minutes per customer-year · EIA Form 861
Year-by-year SAIDI for Steele-Waseca Cooperative Electric from the same EIA filings as the table below. Lower is better; major-event years can spike the headline figure.
Steele-Waseca Cooperative Electric SAIDI trend
Steele-Waseca Cooperative Electric vs the nationwide SAIDI distribution
Where this utility's headline SAIDI sits among every EIA Form 861 utility with a reported figure
62 Among the lowest fewer outage minutes than 78% of 911 utilities
Utilities nationwide, banded by latest reported SAIDI (minutes)
Each bar is a band; taller bars hold more utilities. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count and share, and where it sits relative to this entry.
Source U.S. EIA Form 861 reliability filings · August 2026
Price vs. reliability
Where Steele-Waseca Cooperative Electric sits on price vs. reliability
Among the 781 U.S. utilities large enough to report both revenue per customer and a recent outage record, Steele-Waseca Cooperative Electric charges more per customer than 90% of them, and is more reliable (lower SAIDI) than 82% of them, placing it in the quadrant where it pays more and is more reliable. Revenue per customer and outage minutes are independent figures: paying more does not guarantee fewer outages.
Revenue per customer: $3,615/year · Latest SAIDI: 61.6 minutes/year.
SAIDI 2023 breakdown: 61.6 minutes
Reliability Trend (2020–2023)
| Year | SAIDI (min) | SAIDI nMED | SAIFI | Customers |
|---|---|---|---|---|
| 2020 | 81.5 | 54.4 | 0.800 | 11,537 |
| 2021 | 108.5 | 67.6 | 0.770 | 11,668 |
| 2022 | 97.4 | 48.1 | 1.010 | 11,795 |
| 2023 | 61.6 | 42.8 | 0.710 | 11,901 |
SAIDI nMED = SAIDI without major event days. Source: EIA Form 861.
Service Area
Steele-Waseca Cooperative Electric serves 24 ZIP codes in Minnesota.
Frequently Asked Questions
How reliable is Steele-Waseca Cooperative Electric?
Steele-Waseca Cooperative Electric had a SAIDI of 61.6 minutes in 2023. Excluding major weather events, this is below the national average, indicating above-average reliability.
What type of utility is Steele-Waseca Cooperative Electric?
Steele-Waseca Cooperative Electric is classified as a Cooperative serving Minnesota.
How many customers does Steele-Waseca Cooperative Electric serve?
Steele-Waseca Cooperative Electric serves approximately 11,962 customers in Minnesota.
How has Steele-Waseca Cooperative Electric's reliability changed over time?
Steele-Waseca Cooperative Electric has 4 years of reliability data (2020-2023). SAIDI has held roughly steady across these years. Review the trend table above for year-by-year detail.
Utility Profile
- Type
- Cooperative
- State
- Minnesota
- Customers
- 11,962
- Annual Revenue
- $0.04B
- EIA ID
- 18047
Explore
Utilities with similar EIA profiles
Two cross-state peer sets for Steele-Waseca Cooperative Electric. Same-state SAIDI neighbors stay in Read-with below; these neighborhoods are nearest other-state utilities with at least 10,000 reported customers.
Similar customer count
Nearest utilities by Form 861 customers (12K here), outside Minnesota.
Similar chronic SAIDI
Nearest utilities by latest SAIDI minutes (61.6 here), outside Minnesota, excluding the customer-peer set.
Source: U.S. Energy Information Administration Form 861 annual electric power industry survey · ZIP service territory: OpenEI. Disclaimer: informational only, not professional advice. See full disclaimer · methodology.