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

Minnesota Valley Electric Coop electricity rates

Minnesota Valley Electric Coop (cooperative) residential customers paid about 14.0¢ per kWh (2024 average) — an average bill of $132 for 948 kWh a month.

Avg. home price14.0¢per kWh
Residential customers43,412MN, 2024
Avg. monthly use948kWh
Commercial10.5¢per kWh
Industrial—per kWh

What a month costs with Minnesota Valley Electric Coop

500 kWh / month$70
900 kWh / month$126
1,200 kWh / month$168

Monthly cost at the average price of 14.0¢ 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

55010Castle Rock55019Dundas55020Elko New Market55021Faribault55024Farmington55031Hampton55033Hastings55044Lakeville55046Lonsdale55052Morristown55053Nerstrand55054Elko New Market55057Northfield55065Randolph55068Rosemount55075South Saint Paul55076Inver Grove Heights55077Inver Grove Heights55085Vermillion55087Warsaw55088Webster55111Saint Paul55118Saint Paul55120Saint Paul55121Saint Paul55122Saint Paul55123Saint Paul55124Saint Paul55150Mendota55305Hopkins55306Burnsville55307Arlington55311Maple Grove55315Carver55316Champlin55317Chanhassen55318Chaska55322Cologne55323Crystal Bay55327Dayton55331Excelsior55334Gaylord55335Gibbon55337Burnsville55338Green Isle55339Hamburg55340Hamel55343Hopkins55344Eden Prairie55345Minnetonka55346Eden Prairie55347Eden Prairie55352Jordan55356Long Lake55357Loretto55359Maple Plain55360Mayer55361Minnetonka Beach55364Mound55366New Auburn55367New Germany55368Norwood Young America55369Osseo55372Prior Lake55373Rockford55374Rogers55375Saint Bonifacius55378Savage55379Shakopee55384Spring Park55386Victoria55387Waconia55388Watertown55391Wayzata55396Winthrop55397Young America55401Minneapolis55403Minneapolis55404Minneapolis55405Minneapolis55406Minneapolis55407Minneapolis55408Minneapolis55409Minneapolis55410Minneapolis55411Minneapolis55412Minneapolis55413Minneapolis55414Minneapolis55415Minneapolis55416Minneapolis55417Minneapolis55418Minneapolis55419Minneapolis55420Minneapolis55422Minneapolis55423Minneapolis55424Minneapolis55425Minneapolis55426Minneapolis55427Minneapolis55428Minneapolis55429Minneapolis55430Minneapolis55431Minneapolis55435Minneapolis55436Minneapolis55437Minneapolis55438Minneapolis55439Minneapolis55440Minneapolis55441Minneapolis55442Minneapolis55443Minneapolis55444Minneapolis55445Minneapolis55446Minneapolis55447Minneapolis55450Minneapolis55454Minneapolis55455Minneapolis55458Minneapolis55459Minneapolis55467Minneapolis55470Minneapolis55472Minneapolis55474Minneapolis55478Minneapolis55479Minneapolis55480Minneapolis55483Minneapolis55484Minneapolis55485Minneapolis55486Minneapolis55487Minneapolis55488Minneapolis55554Norwood55569Osseo55572Rockford55573Young America55575Howard Lake55577Maple Plain55593Maple Plain55599Loretto56001Mankato56002Mankato56010Amboy56011Belle Plaine56017Cleveland56024Eagle Lake

and 23 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 Minnesota Valley Electric Coop’s electricity rate?

About 14.0¢ per kWh for residential customers (2024 average, EIA-861), including fixed charges spread over usage.

What is the average Minnesota Valley Electric Coop electric bill?

$132 a month in 2024, for an average of 948 kWh (EIA-861).

Is Minnesota Valley Electric Coop cheaper than the Minnesota average?

Yes: 14.0¢ versus the Minnesota average of 17.2¢ (Aug 2026).