Electricity Rates in Evansville, MN
Residents of Evansville, 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 Evansville
| 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 Evansville
At 13.0¢/kWh, a typical Evansville 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 Evansville
Charging an electric vehicle at home in Evansville 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 Evansville, MN?
The average residential electricity rate in Evansville, 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 Evansville?
Evansville 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 Evansville electricity rates compare to the rest of Minnesota?
Evansville'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.