EIA data through August 2026 · updated 2026-10-29

ALLETE, Inc. electricity rates

ALLETE, Inc. (investor owned) residential customers paid about 16.8¢ per kWh (Jan–Aug 2026) — an average bill of $102 for 651 kWh a month.

Avg. home price16.8¢per kWh
Residential customers125,896MN, 2024
Avg. monthly use651kWh
Commercial14.5¢per kWh
Industrial8.9¢per kWh

What a month costs with ALLETE, Inc.

500 kWh / month$84
650 kWh / month · avg. use$109
900 kWh / month$151
1,200 kWh / month$201

Monthly cost at the average price of 16.8¢ per kWh. Real bills add or subtract fixed charges, tiers, time-of-use and fuel adjustments.

Price trend

11¢13¢15¢17¢19¢20222023202420252026Minnesota averageU.S. averageALLETE, Inc. 11¢13¢15¢17¢19¢20222023202420252026Minnesota averageU.S. averageALLETE, Inc.
Minnesota averageU.S. averageALLETE, Inc.
Aug 202617.2¢per kWh
vs. 1 year ago+1.8%16.9¢
vs. 5 years ago+22.8%14.0¢
Record high17.5¢Jun 2026
Avg. home bill$145844 kWh, Aug
EIA forecast, West North Central13.1¢Dec 2027

Hover or tap the chart for exact monthly values. Source: EIA-861M (monthly, latest months preliminary); forecast: EIA Short-Term Energy Outlook (October 2026) for the West North Central region, which includes Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota, South Dakota.

ZIP codes served

55030Grasston55036Henriette55037Hinckley55063Pine City55072Sandstone55320Clearwater55353Kimball55382South Haven55601Beaver Bay55602Brimson55603Finland55604Grand Marais55605Grand Portage55606Hovland55607Isabella55609Knife River55612Lutsen55613Schroeder55614Silver Bay55615Tofte55616Two Harbors55702Alborn55703Angora55704Askov55705Aurora55706Babbitt55707Barnum55708Biwabik55709Bovey55710Britt55711Brookston55712Bruno55713Buhl55716Calumet55717Canyon55718Carlton55719Chisholm55720Cloquet55721Cohasset55722Coleraine55723Cook55724Cotton55725Crane Lake55726Cromwell55730Grand Rapids55731Ely55732Embarrass55733Esko55734Eveleth55735Finlayson55736Floodwood55738Forbes55741Gilbert55742Goodland55744Grand Rapids55745Grand Rapids55746Hibbing55748Hill City55749Holyoke55750Hoyt Lakes55751Iron55752Jacobson55753Keewatin55756Kerrick55757Kettle River55758Kinney55760Mcgregor55763Makinen55764Marble55765Meadowlands55766Melrude55767Moose Lake55768Mountain Iron55769Nashwauk55771Orr55772Nett Lake55775Pengilly55777Virginia55779Saginaw55780Sawyer55781Side Lake55782Soudan55783Sturgeon Lake55784Swan River55785Swatara55786Taconite55787Tamarack55790Tower55791Twig55792Virginia55793Warba55795Willow River55796Winton55797Wrenshall55798Wright55802Duluth55803Duluth55804Duluth55805Duluth55806Duluth55807Duluth55808Duluth55810Duluth55811Duluth55812Duluth55814Duluth55815Duluth55816Duluth56301Saint Cloud56302Saint Cloud56303Saint Cloud56307Albany56310Avon56312Belgrade56314Bowlus56317Buckman56318Burtrum56320Cold Spring56321Collegeville56324Dalton56328Flensburg56329Foley56331Freeport56333Gilman56335Greenwald56336Grey Eagle56338Hillman56340Holdingford56342Isle56344Lastrup56345Little Falls56347Long Prairie56350Mc Grath56352Melrose56356New Munich56357Oak Park56360Osakis56361Parkers Prairie56362Paynesville56364Pierz56367Rice56368Richmond56369Rockville56371Roscoe56372Saint Cloud56373Royalton56374Saint Joseph56375Saint Stephen56376Saint Martin56377Sartell

and 101 more.

Averages, not a quote. Prices here are what each utility’s residential customers paid on average (revenue ÷ kWh sold, fixed charges included), as reported to the U.S. Energy Information Administration. Your own rate depends on your plan, season and usage — check your bill or your utility’s tariff.

Questions

What is ALLETE, Inc.’s electricity rate?

About 16.8¢ per kWh for residential customers (Jan–Aug 2026 average, EIA-861M), including fixed charges spread over usage.

What is the average ALLETE, Inc. electric bill?

$102 a month in 2024, for an average of 651 kWh (EIA-861).

Is ALLETE, Inc. cheaper than the Minnesota average?

Yes: 16.8¢ versus the Minnesota average of 17.2¢ (Aug 2026).