Electricity Rates in Tracy, MN
Residents of Tracy, MN benefit from relatively low electricity rates, averaging 14.0¢/kWh — 21.3% below the national average. The city is served by 3 electricity providers, with Minnesota Valley Coop L&P Assn being the largest.
Electricity Providers in Tracy
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Minnesota Valley Coop L&P Assn | 12.0¢/kWh | 12.0¢/kWh | Cooperative |
| Northern States Power Co - Minnesota | 17.0¢/kWh | 13.0¢/kWh | Investor Owned |
| Otter Tail Power Co | 11.0¢/kWh | 9.0¢/kWh | Investor Owned |
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 Tracy
At 14.0¢/kWh, a typical Tracy 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 Tracy
Charging an electric vehicle at home in Tracy 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 Tracy, MN?
The average residential electricity rate in Tracy, 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 Tracy?
Tracy is served by 3 electricity providers. Minnesota Valley Coop L&P Assn is the largest provider in the area, though rates and availability vary by specific address.
How do Tracy electricity rates compare to the rest of Minnesota?
Tracy'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.