Electricity Rates in Lake crystal, MN
Lake crystal, MN has 4 electricity providers competing for customers, with rates averaging 17.0¢/kWh. Rates range from 15.0¢ to 21.0¢/kWh depending on your provider. BENCO Electric Cooperative serves the majority of customers.
Electricity Providers in Lake crystal
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| BENCO Electric Cooperative | 15.0¢/kWh | 13.0¢/kWh | Cooperative |
| City of Lake Crystal - (MN) | 21.0¢/kWh | 18.0¢/kWh | Municipal |
| Northern States Power Co - Minnesota | 17.0¢/kWh | 13.0¢/kWh | Investor Owned |
| South Central Electric Assn | 15.0¢/kWh | 13.0¢/kWh | Cooperative |
Estimated Monthly Electric Bill
Based on the average residential rate of 17.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Lake crystal
At 17.0¢/kWh, a typical Lake crystal household spends approximately $1807.44/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 Lake crystal
Charging an electric vehicle at home in Lake crystal costs approximately $153.00/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 Lake crystal, MN?
The average residential electricity rate in Lake crystal, MN is 17.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $150.62 for a typical household.
Who provides electricity in Lake crystal?
Lake crystal is served by 4 electricity providers. BENCO Electric Cooperative is the largest provider in the area, though rates and availability vary by specific address.
How do Lake crystal electricity rates compare to the rest of Minnesota?
Lake crystal's average rate of 17.0¢/kWh is 13.3% above the Minnesota state average of 15.0¢/kWh. Residents may benefit from exploring solar energy to offset higher electricity costs.