14.39¢
per kWh, 2025
[ Minnesota Valley Electric Coop / MN ]
Minnesota Valley Electric Coop electricity rates in Minnesota
CO-OP BOARD SETS RATES · DATA 2025
change in average rate, 2024→2025
+2.9%
vs 2024
43,682
residential customers
+21.9%
since 2020
What your bill becomes
Bill today
No change on file
Difference / month · / year
Estimated at Minnesota Valley Electric Coop's average effective residential rate (14.39¢/kWh, EIA, all charges included). Your tariff, fees and taxes differ.
Rate history 2015–2025
| Year | ¢/kWh | Change | Customers |
|---|---|---|---|
| 2015 | 11.15¢ | — | 36,962 |
| 2016 | 11.79¢ | +5.7% | 37,670 |
| 2017 | 11.90¢ | +0.9% | 38,401 |
| 2018 | 11.58¢ | −2.7% | 38,486 |
| 2019 | 11.74¢ | +1.4% | 39,267 |
| 2020 | 11.81¢ | +0.6% | 39,894 |
| 2021 | 11.83¢ | +0.2% | 40,656 |
| 2022 | 13.62¢ | +15.1% | 41,967 |
| 2023 | 12.61¢ | −7.4% | 42,613 |
| 2024 | 13.98¢ | +10.9% | 43,412 |
| 2025 | 14.39¢ | +2.9% | 43,682 |
How this compares
15.83¢
Minnesota average, 2025
−9.1%
Minnesota Valley Electric Coop vs MN 2025 average
−16.5%
vs US 2025 average
#26
priciest in MN
Serves 9 counties in Minnesota: Blue Earth, Carver, Dakota, Hennepin, Le Sueur, Rice, Scott, Sibley, Waseca. 31 ZIP codes.
What the numbers show
Since 2015, Minnesota Valley Electric Coop's average residential rate has gone from 11.15¢ to 14.39¢ per kWh: +29.1% over 10 years, or about +2.6% a year. It rose in 8 of the 10 years we can compare, and the biggest one-year increase was +15.1% in 2022. The largest drop was −7.4% in 2023.
For a home using 743 kWh a month, the Minnesota average, Minnesota Valley Electric Coop's 2025 rate works out to about $1,283 a year, $128 less than at Minnesota's average rate of 15.83¢. Of the 46 Minnesota utilities in our data with a 2025 price, it is the 26th most expensive.
Minnesota Valley Electric Coop served 36,962 homes in 2015 and 43,682 in 2025 (+18.2%), about 2% of Minnesota's residential electricity customers.
Who sets Minnesota Valley Electric Coop's rates
Minnesota Valley Electric Coop is a member-owned electric cooperative. A board elected by its members sets its rates. In some states the Minnesota Public Utilities Commission also reviews co-op rates, but most co-op rate changes do not go through a commission rate case, so watch the co-op's own member notices and board meetings.
Commission contact: Minnesota Public Utilities Commission. How we calculate every figure on this page: methodology.
Questions
Is Minnesota Valley Electric Coop raising rates in 2026?
Minnesota Valley Electric Coop's rates are set by its member-elected board, not through a rate case at the Minnesota Public Utilities Commission, so check its own notices for a change this year. Its average residential rate moved +2.9% from 2024 to 2025.
What does Minnesota Valley Electric Coop charge per kWh?
Minnesota Valley Electric Coop's average effective residential rate was 14.39¢ per kWh in 2025 (EIA-861, revenue divided by sales, all charges included). Minnesota's 2025 average was 15.83¢.
How much have Minnesota Valley Electric Coop rates gone up in five years?
+21.9% between 2020 and 2025, against +24.1% for Minnesota as a whole over the latest five-year window.
How many customers does Minnesota Valley Electric Coop have in Minnesota?
43,682 residential customers in 2025, across 9 counties including Blue Earth, Carver, Dakota, according to the EIA-861 survey.
Where do these numbers come from?
Rates and customer counts are from the US Energy Information Administration's annual EIA-861 survey, which every US utility files. Nothing here is a utility bill; use it to understand the direction and size of changes.
Sources
- EIA-861 Sales to Ultimate Customers, 2015–2025 (released 2026-10-07)
- EIA-861M monthly state averages through Jul 2026
- NREL utility-by-ZIP lookup (2024)