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

Otter Tail Power electricity rates

What homes pay Otter Tail Power for electricity, from EIA.

Investor-owned utility, 50,854 homes in Minnesota. EIA lists it as Otter Tail Power Co.

Headlines

Average price
11.9¢ a kWh
Up 5.8% on a year ago
Average bill
$110 a month
Up 9.2% on a year ago
Average use
920 kWh
A month. Minnesota 745 kWh
Price rank in Minnesota
8 of 8
1 is the most expensive

Over the 12 months to August 2026, Otter Tail Power homes paid 11.9¢ a kWh, against 16.3¢ across Minnesota.

Otter Tail Power vs Minnesota

Otter Tail PowerMinnesota
Average price, 12 months to August 202611.9¢16.3¢
Price in August 202614.1¢17.2¢
Average monthly bill, 12 months$110$121
Bill in August 2026$123$145
Average monthly use920 kWh745 kWh
Price change, past year+5.8%+4.2%
Price change since 2019+11%+25%

Electricity price

Average residential price a kilowatt-hour, by month.

Up to and including August 2026

Average monthly bill

What an average home pays a month.

Up to and including August 2026