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Steele-Waseca Cooperative Electric electric rates

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

Cooperative utility serving 10,725 homes in Minnesota.

Your rate

15.63¢per kWh, average residential rate 5% lower than the U.S. average (16.4¢)
$147average monthly bill$1,762 a year
939kWh used per month, average home
+7%rate change since 2020U.S. average: +28%

Estimate your bill

It's on your bill, usually near the top. Starting at 939 kWh, the average for Steele-Waseca Cooperative Electric homes.

kWh
$147 a month
$12 fixed charge + 14.4¢ × 939 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 Steele-Waseca Cooperative Electric right now. We check regulator dockets weekly; last check October 7, 2026. Know of one?

Rate history

Steele-Waseca Cooperative Electric's average rate is up 7% since 2020, versus +28% for the U.S. average.

14.6¢ 2020 14.5¢ 2021 14.5¢ 2022 15.4¢ 2023 15.6¢ 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 Steele-Waseca Cooperative Electric yet. Check Minnesota programs or read what's left after the federal credits ended.

About Steele-Waseca Cooperative Electric

Ownership
Cooperative
Homes served
10,725 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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