Electricity Rates in Saint peter, MN
Residents of Saint peter, MN benefit from relatively low electricity rates, averaging 15.0¢/kWh — 15.6% below the national average. The city is served by 3 electricity providers, with BENCO Electric Cooperative being the largest.
Electricity Providers in Saint peter
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| BENCO Electric Cooperative | 15.0¢/kWh | 13.0¢/kWh | Cooperative |
| Minnesota Valley Electric Coop | 14.0¢/kWh | 11.0¢/kWh | Cooperative |
| Northern States Power Co - Minnesota | 17.0¢/kWh | 13.0¢/kWh | Investor Owned |
Estimated Monthly Electric Bill
Based on the average residential rate of 15.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Saint peter
At 15.0¢/kWh, a typical Saint peter household spends approximately $1594.80/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 Saint peter
Charging an electric vehicle at home in Saint peter costs approximately $135.00/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 Saint peter, MN?
The average residential electricity rate in Saint peter, MN is 15.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $132.90 for a typical household.
Who provides electricity in Saint peter?
Saint peter is served by 3 electricity providers. BENCO Electric Cooperative is the largest provider in the area, though rates and availability vary by specific address.
How do Saint peter electricity rates compare to the rest of Minnesota?
Saint peter's average rate of 15.0¢/kWh is close to the Minnesota state average of 15.0¢/kWh. Rates are typical for the region.