Electricity Rates in Deerwood, MN
The average residential electricity rate in Deerwood, MN is 16.0¢/kWh based on 2024 EIA data. The city is served by 3 utility providers. This is 6.7% above the Minnesota state average.
Electricity Providers in Deerwood
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| ALLETE, Inc. | 16.0¢/kWh | 14.0¢/kWh | Investor Owned |
| Crow Wing Cooperative Power & Light Comp | 13.0¢/kWh | 12.0¢/kWh | Cooperative |
| Mille Lacs Energy Cooperative | 18.0¢/kWh | 13.0¢/kWh | Cooperative |
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 Deerwood
At 16.0¢/kWh, a typical Deerwood 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 Deerwood
Charging an electric vehicle at home in Deerwood 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 Deerwood, MN?
The average residential electricity rate in Deerwood, 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 Deerwood?
Deerwood is served by 3 electricity providers. ALLETE, Inc. is the largest provider in the area, though rates and availability vary by specific address.
How do Deerwood electricity rates compare to the rest of Minnesota?
Deerwood'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.