Electricity Rates in Radium, MN
Residents of Radium, MN benefit from relatively low electricity rates, averaging 11.0¢/kWh — 38.1% below the national average. Otter Tail Power Co serves the area.
Electricity Providers in Radium
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Otter Tail Power Co | 11.0¢/kWh | 9.0¢/kWh | Investor Owned |
Estimated Monthly Electric Bill
Based on the average residential rate of 11.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Radium
At 11.0¢/kWh, a typical Radium household spends approximately $1169.52/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 Radium
Charging an electric vehicle at home in Radium costs approximately $99.00/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 Radium, MN?
The average residential electricity rate in Radium, MN is 11.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $97.46 for a typical household.
Who provides electricity in Radium?
Radium is served by 1 electricity provider. Otter Tail Power Co is the largest provider in the area.
How do Radium electricity rates compare to the rest of Minnesota?
Radium's average rate of 11.0¢/kWh is 26.7% below the Minnesota state average of 15.0¢/kWh. Residents enjoy some of the lower rates in the state.