Electricity Rates in Round lake, MN
Residents of Round lake, MN benefit from relatively low electricity rates, averaging 12.0¢/kWh — 32.5% below the national average. Federated Rural Electric Assn serves the area.
Electricity Providers in Round lake
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Federated Rural Electric Assn | 12.0¢/kWh | 11.0¢/kWh | Cooperative |
Estimated Monthly Electric Bill
Based on the average residential rate of 12.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Round lake
At 12.0¢/kWh, a typical Round lake household spends approximately $1275.84/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 Round lake
Charging an electric vehicle at home in Round lake costs approximately $108.00/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 Round lake, MN?
The average residential electricity rate in Round lake, MN is 12.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $106.32 for a typical household.
Who provides electricity in Round lake?
Round lake is served by 1 electricity provider. Federated Rural Electric Assn is the largest provider in the area.
How do Round lake electricity rates compare to the rest of Minnesota?
Round lake's average rate of 12.0¢/kWh is 20.0% below the Minnesota state average of 15.0¢/kWh. Residents enjoy some of the lower rates in the state.