Electric Bill Tracker

States › Minnesota

Minnesota Valley Electric Coop electric rates

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

Cooperative utility serving 43,412 homes in Minnesota.

Your rate

13.98¢per kWh, average residential rate 15% lower than the U.S. average (16.4¢)
$132average monthly bill$1,590 a year
948kWh used per month, average home
+18%rate change since 2020U.S. average: +28%

Estimate your bill

It's on your bill, usually near the top. Starting at 948 kWh, the average for Minnesota Valley Electric Coop homes.

kWh
$132 a month
$12 fixed charge + 12.7¢ × 948 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 Minnesota Valley Electric Coop right now. We check regulator dockets weekly; last check October 7, 2026. Know of one?

Rate history

Minnesota Valley Electric Coop's average rate is up 18% since 2020, versus +28% for the U.S. average.

11.8¢ 2020 11.8¢ 2021 13.6¢ 2022 12.6¢ 2023 14.0¢ 2024 U.S. avg

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 Minnesota Valley Electric Coop yet. Check Minnesota programs or read what's left after the federal credits ended.

About Minnesota Valley Electric Coop

Ownership
Cooperative
Homes served
43,412 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

Other utilities in Minnesota

All Minnesota utilities →