Electricity Rates in Spring lake, MN
The average residential electricity rate in Spring lake, MN is 18.0¢/kWh based on 2024 EIA data. Lake Country Power provides electricity to the area. This is 20.0% above the Minnesota state average.
Electricity Providers in Spring lake
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Lake Country Power | 18.0¢/kWh | 15.0¢/kWh | Cooperative |
Estimated Monthly Electric Bill
Based on the average residential rate of 18.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Spring lake
At 18.0¢/kWh, a typical Spring lake household spends approximately $1913.76/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 Spring lake
Charging an electric vehicle at home in Spring lake costs approximately $162.00/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 Spring lake, MN?
The average residential electricity rate in Spring lake, MN is 18.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $159.48 for a typical household.
Who provides electricity in Spring lake?
Spring lake is served by 1 electricity provider. Lake Country Power is the largest provider in the area.
How do Spring lake electricity rates compare to the rest of Minnesota?
Spring lake's average rate of 18.0¢/kWh is 20.0% above the Minnesota state average of 15.0¢/kWh. Residents may benefit from exploring solar energy to offset higher electricity costs.