Electricity Rates in Eagan, MN
Average electricity cost, utility comparison, and solar savings potential for Eagan homeowners.
Electricity in Eagan, MN averages $0.14/kWh and about $115/month — here is how that compares and how solar lowers it.
- The average residential electricity rate in Eagan is $0.14/kWh, 12% below the U.S. average of $0.16/kWh.
- A typical Eagan home pays about $115 per month for electricity.
- Minnesota has a regulated market — the local utility sets the rate.
- Solar panels cut a typical Eagan bill by about 72% (around $83/month) and lock in costs for 25+ years.
What is the average electricity rate in Eagan, MN?
The average residential electricity rate in Eagan, MN is $0.14 per kWh, which is 12% below the national average of $0.16/kWh. Homeowners in Eagan pay an average of $115 per month for electricity, based on typical usage of 824 kWh per month.
Electricity rates in Eagan are determined by the local utility providers that serve the area. Rates can vary depending on your specific utility, usage level, and time of use.
Which electric utilities serve Eagan, MN?
| Utility Company | Avg Rate ($/kWh) | Est. Monthly Bill |
|---|---|---|
| Xcel Energy (Northern States) | $0.14 | $115 |
| Minnesota Power | $0.12 | $99 |
| Great River Energy | $0.13 | $107 |
Can solar lower your Eagan electricity bill?
Without Solar
- Monthly bill: $115
- Annual cost: $1,380
- 25-year cost: $34,500
- Rate trend: Rising 2-5% annually
With Solar
- Monthly savings: $83
- Annual savings: $996
- 25-year savings: $30,000
- Rate: Locked in for 25+ years
Electricity Rates FAQ - Eagan, MN
The average residential electricity rate in Eagan is $0.14 per kilowatt-hour (kWh), which is 12% below the national average of $0.16/kWh. The average monthly electric bill for Eagan homeowners is approximately $115.
With solar panels, Eagan homeowners can reduce their electricity costs by approximately 72%, saving around $83 per month or $30,000 over 25 years. The 30% federal tax credit further reduces the upfront cost of going solar.
The major electric utilities serving the Eagan area include Xcel Energy (Northern States), Minnesota Power, Great River Energy. Rates vary between providers, so your exact cost depends on your utility and usage level.
Yes, electricity rates in Eagan and across Minnesota have been increasing, following national trends of 2-5% annual increases. This makes solar panels an increasingly attractive option since they lock in your energy costs for 25+ years.
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