Electricity Rates in Okabena, MN

Residents of Okabena, MN benefit from relatively low electricity rates, averaging 12.0¢/kWh — 32.5% below the national average. Federated Rural Electric Assn serves the area.

Avg. Residential Rate 12.0¢/kWh
vs. Minnesota Avg. -20.0%
vs. National Avg. -32.5%
Providers 1

Electricity Providers in Okabena

Utility Residential Rate Commercial Rate Type
Federated Rural Electric Assn 12.0¢/kWh 11.0¢/kWh Cooperative

Estimated Monthly Electric Bill

Based on the average residential rate of 12.0¢/kWh and typical US household usage of 886 kWh/month:

Okabena monthly bill $106.32
Okabena annual cost $1275.84
Minnesota avg. monthly $132.90
National avg. monthly $157.53

Solar Savings in Okabena

At 12.0¢/kWh, a typical Okabena household spends approximately $1275.84/year on electricity. Solar panels could reduce this by 50–90%.

$957/yr estimated solar savings

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

EV Charging Costs in Okabena

Charging an electric vehicle at home in Okabena 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.

Frequently Asked Questions

What is the average electricity rate in Okabena, MN?

The average residential electricity rate in Okabena, 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 Okabena?

Okabena is served by 1 electricity provider. Federated Rural Electric Assn is the largest provider in the area.

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

Okabena'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.