Electricity Rates in Park rapids, MN
Residents of Park rapids, MN benefit from relatively low electricity rates, averaging 14.0¢/kWh — 21.3% below the national average. The city is served by 3 electricity providers, with ALLETE, Inc. being the largest.
Electricity Providers in Park rapids
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| ALLETE, Inc. | 16.0¢/kWh | 14.0¢/kWh | Investor Owned |
| Beltrami Electric Coop, Inc | 14.0¢/kWh | 8.0¢/kWh | Cooperative |
| Itasca-Mantrap Co-op Electrical Assn | 13.0¢/kWh | 13.0¢/kWh | Cooperative |
Estimated Monthly Electric Bill
Based on the average residential rate of 14.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Park rapids
At 14.0¢/kWh, a typical Park rapids household spends approximately $1488.48/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 Park rapids
Charging an electric vehicle at home in Park rapids costs approximately $126.00/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 Park rapids, MN?
The average residential electricity rate in Park rapids, MN is 14.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $124.04 for a typical household.
Who provides electricity in Park rapids?
Park rapids is served by 3 electricity providers. ALLETE, Inc. is the largest provider in the area, though rates and availability vary by specific address.
How do Park rapids electricity rates compare to the rest of Minnesota?
Park rapids's average rate of 14.0¢/kWh is 6.7% below the Minnesota state average of 15.0¢/kWh. Residents enjoy some of the lower rates in the state.