Electricity Rates in Fargo, ND
Residents of Fargo, ND benefit from relatively low electricity rates, averaging 12.0¢/kWh — 32.5% below the national average. Northern States Power Co - Minnesota serves the area.
Electricity Providers in Fargo
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Northern States Power Co - Minnesota | 12.0¢/kWh | 11.0¢/kWh | Investor Owned |
Estimated Monthly Electric Bill
Based on the average residential rate of 12.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Fargo
At 12.0¢/kWh, a typical Fargo household spends approximately $1275.84/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 Fargo
Charging an electric vehicle at home in Fargo costs approximately $108.00/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 North Dakota
Frequently Asked Questions
What is the average electricity rate in Fargo, ND?
The average residential electricity rate in Fargo, ND is 12.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $106.32 for a typical household.
Who provides electricity in Fargo?
Fargo is served by 1 electricity provider. Northern States Power Co - Minnesota is the largest provider in the area.
How do Fargo electricity rates compare to the rest of North Dakota?
Fargo's average rate of 12.0¢/kWh is 9.1% above the North Dakota state average of 11.0¢/kWh. Residents may benefit from exploring solar energy to offset higher electricity costs.