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

Electricity rates in 56167 — Round Lake, MN

Homes in ZIP 56167 pay about 11.6¢ per kWh (Federated Rural Electric Assn, 2024 average). The Minnesota average is 17.2¢ and the U.S. average 18.2¢ (Aug 2026).

Avg. home price11.6¢per kWh
UtilityFederated Rural Electric Assn
MN average17.2¢Aug 2026
U.S. average18.2¢Aug 2026
Avg. monthly bill$1421,216 kWh/month, 2024

What a month of electricity costs

500 kWh / month$58
900 kWh / month$105
1,200 kWh / month · avg. use$140

Monthly cost at the average price of 11.6¢ per kWh. Real bills add or subtract fixed charges, tiers, time-of-use and fuel adjustments.

Where ZIP 56167 is

Outlined: ZIP code area · scroll or pinch to zoom

Utilities serving 56167

UtilityHome priceAvg. billCustomers in MN
Federated Rural Electric Assn
Cooperative
11.6¢
2024
$1425,727
South Central Electric Assn
Cooperative · serves Jackson County
15.2¢
2024
$2034,665
City of Jackson (MN)
Municipal · serves Jackson County
12.7¢
2024
$2311,971
City of Lakefield (MN)
Municipal · serves Jackson County
10.4¢
2024
$1151,011
City of Alpha (MN)
Municipal · serves Jackson County
14.4¢
2024
$14670

Utilities are matched to this ZIP code by NREL’s ZIP–utility table and the EIA service-territory list for Jackson County; county matches may serve only part of the area. Prices are each utility’s average residential revenue per kWh.

Minnesota 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.

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 56167

How much does electricity cost in 56167?

About 11.6¢ per kWh for homes (Federated Rural Electric Assn, 2024 average, EIA). At 900 kWh a month that is roughly $105.

Who is the electric utility for 56167?

Federated Rural Electric Assn, with about 5,727 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¢.