Electricity Rates in Pine island, MN
The average residential electricity rate in Pine island, MN is 17.0¢/kWh based on 2024 EIA data. The city is served by 2 utility providers. This is 13.3% above the Minnesota state average.
Electricity Providers in Pine island
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Northern States Power Co - Minnesota | 17.0¢/kWh | 13.0¢/kWh | Investor Owned |
| People's Cooperative Services | 17.0¢/kWh | 14.0¢/kWh | Cooperative |
Estimated Monthly Electric Bill
Based on the average residential rate of 17.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Pine island
At 17.0¢/kWh, a typical Pine island household spends approximately $1807.44/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 Pine island
Charging an electric vehicle at home in Pine island costs approximately $153.00/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 Pine island, MN?
The average residential electricity rate in Pine island, MN is 17.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $150.62 for a typical household.
Who provides electricity in Pine island?
Pine island is served by 2 electricity providers. Northern States Power Co - Minnesota is the largest provider in the area, though rates and availability vary by specific address.
How do Pine island electricity rates compare to the rest of Minnesota?
Pine island's average rate of 17.0¢/kWh is 13.3% above the Minnesota state average of 15.0¢/kWh. Residents may benefit from exploring solar energy to offset higher electricity costs.