Electricity Rates in Glenwood, MN

Residents of Glenwood, MN benefit from relatively low electricity rates, averaging 15.0¢/kWh — 15.6% below the national average. The city is served by 3 electricity providers, with Northern States Power Co - Minnesota being the largest.

Avg. Residential Rate 15.0¢/kWh
vs. Minnesota Avg. 0.0%
vs. National Avg. -15.6%
Providers 3

Electricity Providers in Glenwood

Utility Residential Rate Commercial Rate Type
Northern States Power Co - Minnesota 17.0¢/kWh 13.0¢/kWh Investor Owned
Runestone Electric Assn 14.0¢/kWh 13.0¢/kWh Cooperative
Stearns Cooperative Elec Assn 14.0¢/kWh 12.0¢/kWh Cooperative

Estimated Monthly Electric Bill

Based on the average residential rate of 15.0¢/kWh and typical US household usage of 886 kWh/month:

Glenwood monthly bill $132.90
Glenwood annual cost $1594.80
Minnesota avg. monthly $132.90
National avg. monthly $157.53

Solar Savings in Glenwood

At 15.0¢/kWh, a typical Glenwood household spends approximately $1594.80/year on electricity. Solar panels could reduce this by 50–90%.

$1196/yr estimated solar savings

The federal solar tax credit covers 30% of installation costs through 2032.

EV Charging Costs in Glenwood

Charging an electric vehicle at home in Glenwood 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.

Frequently Asked Questions

What is the average electricity rate in Glenwood, MN?

The average residential electricity rate in Glenwood, 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 Glenwood?

Glenwood is served by 3 electricity providers. Northern States Power Co - Minnesota is the largest provider in the area, though rates and availability vary by specific address.

How do Glenwood electricity rates compare to the rest of Minnesota?

Glenwood's average rate of 15.0¢/kWh is close to the Minnesota state average of 15.0¢/kWh. Rates are typical for the region.