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BENCO Electric Cooperative electric rates

Updated October 7, 2026 · Source: EIA Form 861 (2024)

Cooperative utility serving 18,361 homes in Minnesota.

Your rate

15.03¢per kWh, average residential rate 9% lower than the U.S. average (16.4¢)

$142average monthly bill$1,699 a year

942kWh used per month, average home

+8%rate change since 2020U.S. average: +28%

Estimate your bill

Electricity you use each month (kWh)

It's on your bill, usually near the top. Starting at 942 kWh, the average for BENCO Electric Cooperative homes.

kWh

$142 a month

$12 fixed charge + 13.8¢ × 942 kWh

This is an estimate. Uses the EIA average rate with a nominal $12 fixed charge; real tariffs have tiers, time-of-use pricing and riders. Your bill also includes taxes and fuel adjustments that change month to month.

Rate cases

No rate case on file for BENCO Electric Cooperative right now. We check regulator dockets weekly; last check October 7, 2026. Know of one?

Rate history

BENCO Electric Cooperative's average rate is up 8% since 2020, versus +28% for the U.S. average.

Average residential revenue per kWh, EIA-861. Includes delivery and, where the utility sells it, supply.

Rebates for heat pumps, batteries and EV chargers

We haven't found utility-level rebates for BENCO Electric Cooperative yet. Check Minnesota programs or read what's left after the federal credits ended.

About BENCO Electric Cooperative

Ownership: Cooperative
Homes served: 18,361 residential customers (2024)
Grid operator: MISO
Retail choice: No — one bundled rate
Data: EIA-861 2024, released October 7, 2026; rate cases checked October 7, 2026

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