Electricity Rates in Carver, MN

Residents of Carver, MN benefit from relatively low electricity rates, averaging 15.0¢/kWh — 15.6% below the national average. The city is served by 2 electricity providers, with Minnesota Valley Electric Coop being the largest.

Avg. Residential Rate 15.0¢/kWh
vs. Minnesota Avg. 0.0%
vs. National Avg. -15.6%
Providers 2

Electricity Providers in Carver

Utility Residential Rate Commercial Rate Type
Minnesota Valley Electric Coop 14.0¢/kWh 11.0¢/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 15.0¢/kWh and typical US household usage of 886 kWh/month:

Carver monthly bill $132.90
Carver annual cost $1594.80
Minnesota avg. monthly $132.90
National avg. monthly $157.53

Solar Savings in Carver

At 15.0¢/kWh, a typical Carver household spends approximately $1594.80/year on electricity. Solar panels could reduce this by 50–90%.

$1196/yr estimated solar savings

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

EV Charging Costs in Carver

Charging an electric vehicle at home in Carver costs approximately $135.00/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 Carver, MN?

The average residential electricity rate in Carver, MN is 15.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $132.90 for a typical household.

Who provides electricity in Carver?

Carver is served by 2 electricity providers. Minnesota Valley Electric Coop is the largest provider in the area, though rates and availability vary by specific address.

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

Carver's average rate of 15.0¢/kWh is close to the Minnesota state average of 15.0¢/kWh. Rates are typical for the region.