Electricity Rates in Minot, ND
Residents of Minot, ND benefit from relatively low electricity rates, averaging 11.0¢/kWh — 38.1% below the national average. The city is served by 2 electricity providers, with Otter Tail Power Co being the largest.
Electricity Providers in Minot
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Otter Tail Power Co | 11.0¢/kWh | 7.0¢/kWh | Investor Owned |
| Verendrye Electric Coop Inc | 11.0¢/kWh | 10.0¢/kWh | Cooperative |
Estimated Monthly Electric Bill
Based on the average residential rate of 11.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Minot
At 11.0¢/kWh, a typical Minot household spends approximately $1169.52/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 Minot
Charging an electric vehicle at home in Minot costs approximately $99.00/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 Minot, ND?
The average residential electricity rate in Minot, ND is 11.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $97.46 for a typical household.
Who provides electricity in Minot?
Minot is served by 2 electricity providers. Otter Tail Power Co is the largest provider in the area, though rates and availability vary by specific address.
How do Minot electricity rates compare to the rest of North Dakota?
Minot's average rate of 11.0¢/kWh is close to the North Dakota state average of 11.0¢/kWh. Rates are typical for the region.