Electricity Rates in Madelia, MN
Residents of Madelia, MN benefit from relatively low electricity rates, averaging 15.0¢/kWh — 15.6% below the national average. The city is served by 2 electricity providers, with BENCO Electric Cooperative being the largest.
Electricity Providers in Madelia
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| BENCO Electric Cooperative | 15.0¢/kWh | 13.0¢/kWh | Cooperative |
| South Central Electric Assn | 15.0¢/kWh | 13.0¢/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:
Solar Savings in Madelia
At 15.0¢/kWh, a typical Madelia household spends approximately $1594.80/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 Madelia
Charging an electric vehicle at home in Madelia 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.
Nearby Cities in Minnesota
Frequently Asked Questions
What is the average electricity rate in Madelia, MN?
The average residential electricity rate in Madelia, 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 Madelia?
Madelia is served by 2 electricity providers. BENCO Electric Cooperative is the largest provider in the area, though rates and availability vary by specific address.
How do Madelia electricity rates compare to the rest of Minnesota?
Madelia's average rate of 15.0¢/kWh is close to the Minnesota state average of 15.0¢/kWh. Rates are typical for the region.