Electricity Rates in Pequot lakes, MN
Residents of Pequot lakes, MN benefit from relatively low electricity rates, averaging 14.0¢/kWh — 21.3% below the national average. The city is served by 2 electricity providers, with ALLETE, Inc. being the largest.
Electricity Providers in Pequot lakes
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| ALLETE, Inc. | 16.0¢/kWh | 14.0¢/kWh | Investor Owned |
| Crow Wing Cooperative Power & Light Comp | 13.0¢/kWh | 12.0¢/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 Pequot lakes
At 14.0¢/kWh, a typical Pequot lakes 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 Pequot lakes
Charging an electric vehicle at home in Pequot lakes 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 Pequot lakes, MN?
The average residential electricity rate in Pequot lakes, 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 Pequot lakes?
Pequot lakes is served by 2 electricity providers. ALLETE, Inc. is the largest provider in the area, though rates and availability vary by specific address.
How do Pequot lakes electricity rates compare to the rest of Minnesota?
Pequot lakes'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.