Electricity Rates in Hendricks, MN

Residents of Hendricks, MN benefit from relatively low electricity rates, averaging 11.0¢/kWh — 38.1% below the national average. Otter Tail Power Co serves the area.

Avg. Residential Rate 11.0¢/kWh
vs. Minnesota Avg. -26.7%
vs. National Avg. -38.1%
Providers 1

Electricity Providers in Hendricks

Utility Residential Rate Commercial Rate Type
Otter Tail Power Co 11.0¢/kWh 9.0¢/kWh Investor Owned

Estimated Monthly Electric Bill

Based on the average residential rate of 11.0¢/kWh and typical US household usage of 886 kWh/month:

Hendricks monthly bill $97.46
Hendricks annual cost $1169.52
Minnesota avg. monthly $132.90
National avg. monthly $157.53

Solar Savings in Hendricks

At 11.0¢/kWh, a typical Hendricks household spends approximately $1169.52/year on electricity. Solar panels could reduce this by 50–90%.

$877/yr estimated solar savings

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

EV Charging Costs in Hendricks

Charging an electric vehicle at home in Hendricks costs approximately $99.00/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 Hendricks, MN?

The average residential electricity rate in Hendricks, MN is 11.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $97.46 for a typical household.

Who provides electricity in Hendricks?

Hendricks is served by 1 electricity provider. Otter Tail Power Co is the largest provider in the area.

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

Hendricks's average rate of 11.0¢/kWh is 26.7% below the Minnesota state average of 15.0¢/kWh. Residents enjoy some of the lower rates in the state.