Electricity Rates in Excelsior, MN
The average residential electricity rate in Excelsior, MN is 16.0¢/kWh based on 2024 EIA data. The city is served by 2 utility providers. This is 6.7% above the Minnesota state average.
Electricity Providers in Excelsior
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Northern States Power Co - Minnesota | 17.0¢/kWh | 13.0¢/kWh | Investor Owned |
| Wright-Hennepin Coop Elec Assn | 15.0¢/kWh | 12.0¢/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 Excelsior
At 16.0¢/kWh, a typical Excelsior 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 Excelsior
Charging an electric vehicle at home in Excelsior 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 Excelsior, MN?
The average residential electricity rate in Excelsior, 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 Excelsior?
Excelsior is served by 2 electricity providers. Northern States Power Co - Minnesota is the largest provider in the area, though rates and availability vary by specific address.
How do Excelsior electricity rates compare to the rest of Minnesota?
Excelsior'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.