US Energy Price Monitorby KadoaUpdated weeklyStar on GitHub

NewInsight: Investor-owned utilities charge 23% more for power

Minnesota

ALLETE electricity rates

What homes pay ALLETE for electricity, from EIA.

Investor-owned utility, 127,596 homes in Minnesota. EIA lists it as ALLETE, Inc..

Headlines

Average price
16.7¢ a kWh
Up 7.8% on a year ago
Average bill
$113 a month
Up 9.3% on a year ago
Average use
679 kWh
A month. Minnesota 745 kWh
Price rank in Minnesota
4 of 8
1 is the most expensive

Over the 12 months to August 2026, ALLETE homes paid 16.7¢ a kWh, against 16.3¢ across Minnesota.

ALLETE vs Minnesota

ALLETEMinnesota
Average price, 12 months to August 202616.7¢16.3¢
Price in August 202616.9¢17.2¢
Average monthly bill, 12 months$113$121
Bill in August 2026$109$145
Average monthly use679 kWh745 kWh
Price change, past year+7.8%+4.2%
Price change since 2019+51%+25%

Electricity price

Average residential price a kilowatt-hour, by month.

Up to and including August 2026

Source: EIA-861M monthly utility survey. Revenue over kilowatt-hours sold, including fixed charges.

Average monthly bill

What an average home pays a month.

Up to and including August 2026

Source: EIA-861M monthly utility survey.