Electricity Rates in Twin lakes, MN
Residents of Twin lakes, MN benefit from relatively low electricity rates, averaging 15.0¢/kWh — 15.6% below the national average. Freeborn Mower Electric Cooperative serves the area.
Electricity Providers in Twin lakes
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Freeborn Mower Electric Cooperative | 15.0¢/kWh | 12.0¢/kWh | Cooperative |
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 Twin lakes
At 15.0¢/kWh, a typical Twin lakes 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 Twin lakes
Charging an electric vehicle at home in Twin lakes 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 Twin lakes, MN?
The average residential electricity rate in Twin lakes, 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 Twin lakes?
Twin lakes is served by 1 electricity provider. Freeborn Mower Electric Cooperative is the largest provider in the area.
How do Twin lakes electricity rates compare to the rest of Minnesota?
Twin lakes's average rate of 15.0¢/kWh is close to the Minnesota state average of 15.0¢/kWh. Rates are typical for the region.