Electricity Rates in Eagle lake, MN
Residents of Eagle lake, 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.
Electricity Providers in Eagle lake
| 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:
Solar Savings in Eagle lake
At 15.0¢/kWh, a typical Eagle lake household spends approximately $1594.80/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 Eagle lake
Charging an electric vehicle at home in Eagle lake 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.
Nearby Cities in Minnesota
Frequently Asked Questions
What is the average electricity rate in Eagle lake, MN?
The average residential electricity rate in Eagle lake, 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 Eagle lake?
Eagle lake 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 Eagle lake electricity rates compare to the rest of Minnesota?
Eagle lake's average rate of 15.0¢/kWh is close to the Minnesota state average of 15.0¢/kWh. Rates are typical for the region.