Electricity Rates in Solway, MN
Residents of Solway, MN benefit from relatively low electricity rates, averaging 14.0¢/kWh — 21.3% below the national average. Beltrami Electric Coop, Inc serves the area.
Electricity Providers in Solway
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Beltrami Electric Coop, Inc | 14.0¢/kWh | 8.0¢/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 Solway
At 14.0¢/kWh, a typical Solway 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 Solway
Charging an electric vehicle at home in Solway 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 Solway, MN?
The average residential electricity rate in Solway, 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 Solway?
Solway is served by 1 electricity provider. Beltrami Electric Coop, Inc is the largest provider in the area.
How do Solway electricity rates compare to the rest of Minnesota?
Solway'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.