Electricity Rates in Vermillion, MN

Residents of Vermillion, MN benefit from relatively low electricity rates, averaging 15.0¢/kWh — 15.6% below the national average. The city is served by 2 electricity providers, with Dakota Electric Association being the largest.

Avg. Residential Rate 15.0¢/kWh
vs. Minnesota Avg. 0.0%
vs. National Avg. -15.6%
Providers 2

Electricity Providers in Vermillion

Utility Residential Rate Commercial Rate Type
Dakota Electric Association 14.0¢/kWh 10.0¢/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:

Vermillion monthly bill $132.90
Vermillion annual cost $1594.80
Minnesota avg. monthly $132.90
National avg. monthly $157.53

Solar Savings in Vermillion

At 15.0¢/kWh, a typical Vermillion household spends approximately $1594.80/year on electricity. Solar panels could reduce this by 50–90%.

$1196/yr estimated solar savings

The federal solar tax credit covers 30% of installation costs through 2032.

EV Charging Costs in Vermillion

Charging an electric vehicle at home in Vermillion 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.

Frequently Asked Questions

What is the average electricity rate in Vermillion, MN?

The average residential electricity rate in Vermillion, 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 Vermillion?

Vermillion is served by 2 electricity providers. Dakota Electric Association is the largest provider in the area, though rates and availability vary by specific address.

How do Vermillion electricity rates compare to the rest of Minnesota?

Vermillion's average rate of 15.0¢/kWh is close to the Minnesota state average of 15.0¢/kWh. Rates are typical for the region.