Electricity Rates in Byron, MN

The average residential electricity rate in Byron, MN is 17.0¢/kWh based on 2024 EIA data. The city is served by 2 utility providers. This is 13.3% above the Minnesota state average.

Avg. Residential Rate 17.0¢/kWh
vs. Minnesota Avg. +13.3%
vs. National Avg. -4.4%
Providers 2

Electricity Providers in Byron

Utility Residential Rate Commercial Rate Type
Northern States Power Co - Minnesota 17.0¢/kWh 13.0¢/kWh Investor Owned
People's Cooperative Services 17.0¢/kWh 14.0¢/kWh Cooperative

Estimated Monthly Electric Bill

Based on the average residential rate of 17.0¢/kWh and typical US household usage of 886 kWh/month:

Byron monthly bill $150.62
Byron annual cost $1807.44
Minnesota avg. monthly $132.90
National avg. monthly $157.53

Solar Savings in Byron

At 17.0¢/kWh, a typical Byron household spends approximately $1807.44/year on electricity. Solar panels could reduce this by 50–90%.

$1356/yr estimated solar savings

The federal solar tax credit covers 30% of installation costs through 2032.

EV Charging Costs in Byron

Charging an electric vehicle at home in Byron costs approximately $153.00/month at current rates, based on average driving habits (about 30 kWh per charge, charged daily). Compare to public charging prices at ChargeBuddy.ai.

Frequently Asked Questions

What is the average electricity rate in Byron, MN?

The average residential electricity rate in Byron, MN is 17.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $150.62 for a typical household.

Who provides electricity in Byron?

Byron is served by 2 electricity providers. Northern States Power Co - Minnesota is the largest provider in the area, though rates and availability vary by specific address.

How do Byron electricity rates compare to the rest of Minnesota?

Byron's average rate of 17.0¢/kWh is 13.3% above the Minnesota state average of 15.0¢/kWh. Residents may benefit from exploring solar energy to offset higher electricity costs.