Electricity Rates in Parkers prairie, MN

Residents of Parkers prairie, MN benefit from relatively low electricity rates, averaging 13.0¢/kWh — 26.9% below the national average. The city is served by 3 electricity providers, with Lake Region Electric Cooperative - (MN) being the largest.

Avg. Residential Rate 13.0¢/kWh
vs. Minnesota Avg. -13.3%
vs. National Avg. -26.9%
Providers 3

Electricity Providers in Parkers prairie

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
Runestone Electric Assn 14.0¢/kWh 13.0¢/kWh Cooperative

Estimated Monthly Electric Bill

Based on the average residential rate of 13.0¢/kWh and typical US household usage of 886 kWh/month:

Parkers prairie monthly bill $115.18
Parkers prairie annual cost $1382.16
Minnesota avg. monthly $132.90
National avg. monthly $157.53

Solar Savings in Parkers prairie

At 13.0¢/kWh, a typical Parkers prairie household spends approximately $1382.16/year on electricity. Solar panels could reduce this by 50–90%.

$1037/yr estimated solar savings

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

EV Charging Costs in Parkers prairie

Charging an electric vehicle at home in Parkers prairie costs approximately $117.00/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 Parkers prairie, MN?

The average residential electricity rate in Parkers prairie, MN is 13.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $115.18 for a typical household.

Who provides electricity in Parkers prairie?

Parkers prairie is served by 3 electricity providers. Lake Region Electric Cooperative - (MN) is the largest provider in the area, though rates and availability vary by specific address.

How do Parkers prairie electricity rates compare to the rest of Minnesota?

Parkers prairie's average rate of 13.0¢/kWh is 13.3% below the Minnesota state average of 15.0¢/kWh. Residents enjoy some of the lower rates in the state.