Electricity rates in 55054 — Elko New Market, MN
Homes in ZIP 55054 pay about 16.1¢ per kWh (Dakota Electric Association, Jan–Aug 2026). The Minnesota average is 17.2¢ and the U.S. average 18.2¢ (Aug 2026).
What a month of electricity costs
Monthly cost at the average price of 16.1¢ per kWh. Real bills add or subtract fixed charges, tiers, time-of-use and fuel adjustments.
Where ZIP 55054 is
Outlined: ZIP code area · scroll or pinch to zoomUtilities serving 55054
| Utility | Home price | Avg. bill | Customers in MN |
|---|---|---|---|
| Dakota Electric Association Cooperative | 16.1¢ Jan–Aug 2026 | $100 | 108,097 |
| Minnesota Valley Electric Coop Cooperative | 14.0¢ 2024 | $132 | 43,412 |
| Northern States Power Co. - Minnesota Investor Owned · serves Scott County | 17.3¢ Jan–Aug 2026 | $100 | 1,230,057 |
| Shakopee Public Utilities Comm Municipal · serves Scott County | 15.5¢ 2024 | $97 | 18,517 |
| New Prague Utilities Comm Municipal · serves Scott County | 10.4¢ 2024 | $158 | 3,745 |
Utilities are matched to this ZIP code by NREL’s ZIP–utility table and the EIA service-territory list for Scott County; county matches may serve only part of the area. Prices are each utility’s average residential revenue per kWh.
Minnesota price trend
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.
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 about 55054
How much does electricity cost in 55054?
About 16.1¢ per kWh for homes (Dakota Electric Association, Jan–Aug 2026, EIA). At 900 kWh a month that is roughly $145.
Who is the electric utility for 55054?
Dakota Electric Association, with about 108,097 residential customers in Minnesota; 4 other utilities also serve parts of the area.
Is electricity in MN getting more expensive?
The Minnesota residential average was 17.2¢ per kWh in August 2026, up 1.8% from a year earlier; the U.S. average was 18.2¢.