Electricity rates — Minnesota Power Inc
A household served by Minnesota Power Inc using 1,000 kWh a month pays about $1,475.40 a year on the cheapest of 1 generally available plan — Residential-General from Minnesota Power Inc, in effect since March 2025. Rates checked September 23, 2026. A further 5 restricted and 1 older schedules are priced further down but not ranked.
Every priced plan, 1,000 kWh/mo
| Plan | Per year | vs cheapest | Effective |
|---|---|---|---|
| RIDER FOR STANDBY SERVICE (Residential Secondary Distribution)demand charge · in effect since January 2014 · older schedule, not ranked | $197.31 | −$1,278.09 | 1.6¢ |
| Residential Electric Vehicle Servicetime-of-use · in effect since March 2025 · needs an electric vehicle | $945.53 | −$529.87 | 7.9¢ |
| Residential Electric Vehicle Service (Renewable Energy Option)time-of-use · in effect since March 2025 · needs an electric vehicle | $945.53 | −$529.87 | 7.9¢ |
| Residential Dual Fuel Interruptible Electric Serviceflat rate · in effect since March 2025 · needs a dual-fuel or interruptible system | $1,219.92 | −$255.48 | 10.2¢ |
| Residential-General✓ cheapestflat rate · in effect since March 2025 | $1,475.40 | — | 12.3¢ |
| Residential - Space Heatingflat rate · in effect since March 2025 · needs electric heating | $1,475.40 | — | 12.3¢ |
| Residential-Seasonalflat rate · in effect since March 2025 · needs a seasonal residence | $1,608.12 | +$132.72 | 13.4¢ |
Cost across usage levels
The cheapest plan at each consumption level, showing whether the ranking holds as usage changes.
- 500 kWh/mo — cheapest $791.64 (Residential-General), dearest $791.64
- 1,000 kWh/mo — cheapest $1,475.40 (Residential-General), dearest $1,475.40
- 2,000 kWh/mo — cheapest $2,842.80 (Residential-General), dearest $2,842.80
What a typical bill costs
At 1,000 kWh a month one plan here is open to any household — Residential-General, at $1,475.40 a year. There is no cheaper option to move to, only the restricted schedules priced below.
Effective rates, bill divided by kilowatt-hours, come to 12.3¢ per kWh at that usage.
What Minnesota Power Inc's customers were billed in 2024
At 651 kWh a month, Minnesota Power Inc's median open plan comes to 12.8¢ per kWh, 18% below the 15.7¢ its customers were billed in 2024, riders included. Rates set since 2024 account for some of that.
| Ownership, as EIA classes it | Investor-owned |
|---|---|
| Full-service homes in Minnesota | 125,896 |
| Share of Minnesota's households | 5% |
| Average use per home | 651 kWh a month |
| Average bill per home | $101.99 a month |
| Billed per kWh, riders included | 15.7¢ |
| Median open plan here, at that use | 12.8¢ |
ALLETE, Inc. in U.S. Energy Information Administration, Form EIA-861, 2024 (Sales_Ult_Cust_2024.xlsx), retrieved September 23, 2026.
How it compares
Among the 109 utilities indexed, Minnesota Power Inc's cheapest open plan is the 36th-lowest, 11% less than their median of $1,649.16. It sits between Progress Energy Carolinas Inc ($1,468.47) and Austin Energy ($1,486.32).
No other utility indexed in Minnesota has a cheaper open plan; the other one starts higher.
Its fixed charge, $9.00 a month on Residential-General, is lower than on the cheapest plan of 92 of the other 108 utilities.
None of Minnesota Power Inc's plans open to any household has a tiered step or a seasonal price in this data: a kWh costs the same however much is used and whatever the month.
In the guides: What a bill costs before a single kilowatt-hour
How the answer changes with usage
Residential-General is cheapest at every level tested — $791.64 a year at 500 kWh a month, $2,842.80 at 2,000 kWh.
Cheapest 6 plans at 1,000 kWh a month
RIDER FOR STANDBY SERVICE (Residential Secondary Distribution) — $197.31 a year, 1.6¢ per kWh effective, demand-charged. It carries no standing charge. In effect since January 2014. Too old to quote as a current price.
Residential Electric Vehicle Service — $945.53 a year, 7.9¢ per kWh effective, time-of-use. It carries a $6.00 monthly standing charge. In effect since March 2025. Restricted: needs an electric vehicle.
Residential Electric Vehicle Service (Renewable Energy Option) — $945.53 a year, 7.9¢ per kWh effective, time-of-use. It carries a $6.00 monthly standing charge. In effect since March 2025. Restricted: needs an electric vehicle.
Residential Dual Fuel Interruptible Electric Service — $1,219.92 a year, 10.2¢ per kWh effective, flat rate. It carries a $16.00 monthly standing charge. In effect since March 2025. Restricted: needs a dual-fuel or interruptible system.
Residential-General — $1,475.40 a year, 12.3¢ per kWh effective, flat rate. It carries a $9.00 monthly standing charge. In effect since March 2025.
Residential - Space Heating — $1,475.40 a year, 12.3¢ per kWh effective, flat rate. It carries a $9.00 monthly standing charge. In effect since March 2025. Restricted: needs electric heating.
How these plans are structured
Of 7 priceable plans: 2 time-of-use, 1 with demand charges, 4 flat-rate.
Fixed monthly charges run from $6.00 to $16.00.
Who provides these plans
EIA-861 lists Minnesota Power Inc serving homes in Minnesota and in no other state, which is how its plans are placed there. 7 of its 8 published residential schedules can be priced.
A further 1 published schedule could not be priced, mostly export-only net-metering rates. They are listed with the reason rather than hidden.
What this does not cover
2 of these plans price by the hour, so their figures are marked lower confidence.
New to these terms? The methodology page explains tiered bands, time-of-use periods and fixed charges, and sets out exactly what the rate engine assumes.
Estimate — your actual bill may differ.
Tariff structures from NREL/OpenEI Utility Rate Database (CC0 1.0), retrieved September 23, 2026.