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

Electricity rates in 56341 — Holmes City, MN

Homes in ZIP 56341 pay about 14.4¢ per kWh (Runestone Electric Assn, 2024 average). The Minnesota average is 17.2¢ and the U.S. average 18.2¢ (Aug 2026).

Avg. home price14.4¢per kWh
UtilityRunestone Electric Assn
MN average17.2¢Aug 2026
U.S. average18.2¢Aug 2026
Avg. monthly bill$1611,122 kWh/month, 2024

What a month of electricity costs

500 kWh / month$72
900 kWh / month$129
1,200 kWh / month$172

Monthly cost at the average price of 14.4¢ per kWh. Real bills add or subtract fixed charges, tiers, time-of-use and fuel adjustments.

Where ZIP 56341 is

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Utilities serving 56341

UtilityHome priceAvg. billCustomers in MN
Runestone Electric Assn
Cooperative
14.4¢
2024
$16114,282
Northern States Power Co. - Minnesota
Investor Owned · serves Douglas
17.3¢
Jan–Aug 2026
$1001,230,057
Otter Tail Power Co.
Investor Owned · serves Douglas
12.2¢
Jan–Aug 2026
$9550,118
Lake Region Electric Cooperative (MN)
Cooperative · serves Douglas
13.3¢
2024
$13227,239
Stearns Cooperative Elec Assn
Cooperative · serves Douglas
13.9¢
2024
$16726,138
Todd-Wadena Electric Coop
Cooperative · serves Douglas
12.5¢
2024
$2039,313
City of Alexandria (MN)
Municipal · serves Douglas
11.6¢
2024
$858,758

Utilities are matched to this ZIP code by NREL’s ZIP–utility table and the EIA service-territory list for Douglas; 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 56341

How much does electricity cost in 56341?

About 14.4¢ per kWh for homes (Runestone Electric Assn, 2024 average, EIA). At 900 kWh a month that is roughly $129.

Who is the electric utility for 56341?

Runestone Electric Assn, with about 14,282 residential customers in Minnesota; 6 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¢.