Electricity Rates in Elbow lake, MN
Residents of Elbow lake, MN benefit from relatively low electricity rates, averaging 13.0¢/kWh — 26.9% below the national average. The city is served by 3 electricity providers, with Lake Region Electric Cooperative - (MN) being the largest.
Electricity Providers in Elbow lake
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Lake Region Electric Cooperative - (MN) | 13.0¢/kWh | 10.0¢/kWh | Cooperative |
| Otter Tail Power Co | 11.0¢/kWh | 9.0¢/kWh | Investor Owned |
| Runestone Electric Assn | 14.0¢/kWh | 13.0¢/kWh | Cooperative |
Estimated Monthly Electric Bill
Based on the average residential rate of 13.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Elbow lake
At 13.0¢/kWh, a typical Elbow lake household spends approximately $1382.16/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 Elbow lake
Charging an electric vehicle at home in Elbow lake costs approximately $117.00/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 Elbow lake, MN?
The average residential electricity rate in Elbow lake, MN is 13.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $115.18 for a typical household.
Who provides electricity in Elbow lake?
Elbow lake is served by 3 electricity providers. Lake Region Electric Cooperative - (MN) is the largest provider in the area, though rates and availability vary by specific address.
How do Elbow lake electricity rates compare to the rest of Minnesota?
Elbow lake's average rate of 13.0¢/kWh is 13.3% below the Minnesota state average of 15.0¢/kWh. Residents enjoy some of the lower rates in the state.