Electric Rates
Minnesota Power’s electric rates are among the lowest in the nation. A report by the Edison Electric Institute, an association of U.S. shareholder-owned electric companies, international affiliates and industry associates, shows Minnesota Power’s commercial rate at 7.7 cents per kWh compared with 10.3 cents in the Pacific Region and 12.8 cents in the New England Region. The EEI report reflects rates in effect Jan 1. 2013.
For more information about our rates, click here to view the Minnesota Power Rate Book.
Commercial Rate Comparisons
(500 kW Demand & 180,000 kWh energy usage per month)
Power Providers Average ¢ per kWh
Industrial Rate Comparisons
(50,000 kW Demand & 32,500,000 kWh energy usage per month)
Power Providers Average ¢ per kWh
Source: EEI, Typical Bills and Average Rates Report, Summer 2013. If you have specific questions about how our rates compare with other utilities or regions, or would like to discuss electric service rates for your project, please do not hesitate to contact us.
