Electricity Rates in New york mills, MN
Residents of New york mills, MN benefit from relatively low electricity rates, averaging 12.0¢/kWh — 32.5% below the national average. The city is served by 2 electricity providers, with Lake Region Electric Cooperative - (MN) being the largest.
Electricity Providers in New york mills
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Lake Region Electric Cooperative - (MN) | 13.0¢/kWh | 10.0¢/kWh | Cooperative |
| Otter Tail Power Co | 11.0¢/kWh | 9.0¢/kWh | Investor Owned |
Estimated Monthly Electric Bill
Based on the average residential rate of 12.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in New york mills
At 12.0¢/kWh, a typical New york mills household spends approximately $1275.84/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 New york mills
Charging an electric vehicle at home in New york mills costs approximately $108.00/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 New york mills, MN?
The average residential electricity rate in New york mills, MN is 12.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $106.32 for a typical household.
Who provides electricity in New york mills?
New york mills is served by 2 electricity providers. Lake Region Electric Cooperative - (MN) is the largest provider in the area, though rates and availability vary by specific address.
How do New york mills electricity rates compare to the rest of Minnesota?
New york mills's average rate of 12.0¢/kWh is 20.0% below the Minnesota state average of 15.0¢/kWh. Residents enjoy some of the lower rates in the state.