Electricity Rates in Finland, MN
The average residential electricity rate in Finland, MN is 16.0¢/kWh based on 2024 EIA data. ALLETE, Inc. provides electricity to the area. This is 6.7% above the Minnesota state average.
Electricity Providers in Finland
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| ALLETE, Inc. | 16.0¢/kWh | 14.0¢/kWh | Investor Owned |
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 Finland
At 16.0¢/kWh, a typical Finland 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 Finland
Charging an electric vehicle at home in Finland 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 Finland, MN?
The average residential electricity rate in Finland, 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 Finland?
Finland is served by 1 electricity provider. ALLETE, Inc. is the largest provider in the area.
How do Finland electricity rates compare to the rest of Minnesota?
Finland'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.