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

Lake Country Power electricity rates

Lake Country Power (cooperative) residential customers paid about 17.9¢ per kWh (2024 average) — an average bill of $148 for 829 kWh a month.

Avg. home price17.9¢per kWh
Residential customers47,204MN, 2024
Avg. monthly use829kWh
Commercial15.3¢per kWh
Industrial8.0¢per kWh

What a month costs with Lake Country Power

500 kWh / month$90
900 kWh / month$161
1,200 kWh / month$215

Monthly cost at the average price of 17.9¢ 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. average 11¢13¢15¢17¢19¢20222023202420252026Minnesota averageU.S. average
Minnesota averageU.S. average
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.

EIA publishes monthly figures only for larger utilities; this one reports yearly, so the chart shows the state.

ZIP codes served

55030Grasston55036Henriette55037Hinckley55063Pine City55072Sandstone55601Beaver Bay55602Brimson55603Finland55607Isabella55609Knife River55614Silver Bay55616Two Harbors55702Alborn55703Angora55704Askov55705Aurora55706Babbitt55707Barnum55708Biwabik55709Bovey55710Britt55711Brookston55712Bruno55713Buhl55716Calumet55717Canyon55718Carlton55719Chisholm55720Cloquet55721Cohasset55722Coleraine55723Cook55724Cotton55725Crane Lake55726Cromwell55730Grand Rapids55731Ely55732Embarrass55733Esko55734Eveleth55735Finlayson55736Floodwood55738Forbes55741Gilbert55742Goodland55744Grand Rapids55745Grand Rapids55746Hibbing55748Hill City55749Holyoke55750Hoyt Lakes55751Iron55752Jacobson55753Keewatin55756Kerrick55757Kettle River55758Kinney55760Mcgregor55763Makinen55764Marble55765Meadowlands55766Melrude55767Moose Lake55768Mountain Iron55769Nashwauk55771Orr55772Nett Lake55775Pengilly55777Virginia55779Saginaw55780Sawyer55781Side Lake55782Soudan55783Sturgeon Lake55784Swan River55785Swatara55786Taconite55787Tamarack55790Tower55791Twig55792Virginia55793Warba55795Willow River55796Winton55797Wrenshall55798Wright55802Duluth55803Duluth55804Duluth55805Duluth55806Duluth55807Duluth55808Duluth55810Duluth55811Duluth55812Duluth55814Duluth55815Duluth55816Duluth56342Isle56350Mc Grath56431Aitkin56435Backus56447Emily56452Hackensack56466Motley56469Palisade56472Pequot Lakes56473Pillager56474Pine River56484Walker56626Bena56627Big Falls56628Bigfork56629Birchdale56630Blackduck56631Bowstring56633Cass Lake56636Deer River56637Talmoon56639Effie56641Federal Dam56649International Falls56653Littlefork56654Loman56655Longville56657Marcell56658Margie56659Max56660Mizpah56661Northome56662Outing56663Pennington56668Ranier56669Kabetogama56672Remer56679South International Falls56680Spring Lake56681Squaw Lake56688Wirt

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 Lake Country Power’s electricity rate?

About 17.9¢ per kWh for residential customers (2024 average, EIA-861), including fixed charges spread over usage.

What is the average Lake Country Power electric bill?

$148 a month in 2024, for an average of 829 kWh (EIA-861).

Is Lake Country Power cheaper than the Minnesota average?

No: 17.9¢ versus the Minnesota average of 17.2¢ (Aug 2026).