Electricity Rates in Albert lea, MN
The average residential electricity rate in Albert lea, MN is 16.0¢/kWh based on 2024 EIA data. The city is served by 2 utility providers. This is 6.7% above the Minnesota state average.
Electricity Providers in Albert lea
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Freeborn Mower Electric Cooperative | 15.0¢/kWh | 12.0¢/kWh | Cooperative |
| Northern States Power Co - Minnesota | 17.0¢/kWh | 13.0¢/kWh | Investor Owned |
Estimated Monthly Electric Bill
Based on the average residential rate of 16.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Albert lea
At 16.0¢/kWh, a typical Albert lea household spends approximately $1701.12/year on electricity. Solar panels could reduce this by 50–90%.
The federal solar tax credit covers 30% of installation costs through 2032.
EV Charging Costs in Albert lea
Charging an electric vehicle at home in Albert lea costs approximately $144.00/month at current rates, based on average driving habits (about 30 kWh per charge, charged daily). Compare to public charging prices at ChargeBuddy.ai.
Nearby Cities in Minnesota
Frequently Asked Questions
What is the average electricity rate in Albert lea, MN?
The average residential electricity rate in Albert lea, MN is 16.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $141.76 for a typical household.
Who provides electricity in Albert lea?
Albert lea is served by 2 electricity providers. Freeborn Mower Electric Cooperative is the largest provider in the area, though rates and availability vary by specific address.
How do Albert lea electricity rates compare to the rest of Minnesota?
Albert lea's average rate of 16.0¢/kWh is 6.7% above the Minnesota state average of 15.0¢/kWh. Residents may benefit from exploring solar energy to offset higher electricity costs.