Minnesota Valley Electric Co-op electricity rates
Electric cooperative · Minnesota · MRO region
Minnesota Valley Electric Co-op is a member-owned electric cooperative, so its customers own it and elect its board, serving 43,682 homes in Minnesota. Its residential customers pay an average of 14.74¢/kWh including fixed and delivery charges, 18% less than the U.S. average.
Rate basis: EIA-861 2025 annual data, adjusted to the 12 months ending 2026-07 using the state's price trend.
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Minnesota Valley Electric Co-op bill estimates
| Monthly use | At average all-in rate |
|---|---|
| 500 kWh | $73.70 |
| 1,000 kWh | $147.40 |
| 1,500 kWh | $221.10 |
| 2,000 kWh | $294.80 |
Minnesota Valley Electric Co-op rate history
2015–2025: +29% change in the average residential rate (11.15¢ → 14.39¢). Annual EIA-861 data.
Outages & reliability
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Reliability history
| 2025 | Minnesota Valley Electric Co-op | Minnesota avg | U.S. avg |
|---|---|---|---|
| Outage minutes per customer (SAIDI) | 87 | 188 | 266 |
| Outages per customer (SAIFI) | 0.73 | 1.17 | 1.34 |
| Average restoration time (CAIDI) | 2 hr 0 min | — | — |
| Outage minutes excluding major storms | 50 | 92 | 121 |
Outages in counties served (2025)
From ORNL EAGLE-I, which tracks customers without power every 15 minutes. These counts cover every utility in each county. Weighted across Minnesota Valley Electric Co-op's counties, customers averaged 3 hr 1 min without power.
| County | Outage min/customer | Days with outages | Peak customers out | Worst day |
|---|---|---|---|---|
| Hennepin | 217 | 47 | 38,258 | 2025-06-29 |
| Le Sueur | 216 | 36 | 1,879 | 2025-07-29 |
| Rice | 150 | 20 | 2,188 | 2025-07-06 |
| Blue Earth | 147 | 28 | 8,688 | 2025-10-11 |
| Sibley | 134 | 17 | 1,038 | 2025-06-13 |
| Carver | 134 | 27 | 3,449 | 2025-07-29 |
| Waseca | 127 | 14 | 917 | 2025-08-17 |
| Scott | 115 | 24 | 10,366 | 2025-07-29 |
| Dakota | 112 | 41 | 11,695 | 2025-07-29 |
Minnesota Valley Electric Co-op service area
Minnesota Valley Electric Co-op serves 9 counties in Minnesota and 32 ZIP codes.
Blue Earth, Carver, Dakota, Hennepin, Le Sueur, Rice, Scott, Sibley, Waseca
Cities: Mankato, Shakopee, Prior Lake, Chaska, Faribault, Northfield, North Mankato, Saint Peter, New Prague, Belle Plaine, Jordan, Elko New Market, Carver, Le Sueur, Lonsdale, Montgomery, Eagle Lake, Le Center, Janesville, Waterville, Cologne, Madison Lake
Programs, smart meters & solar
| Smart meters (AMI) for homes | 100% |
| Customers with daily usage data online | 43,682 |
| Time-based rate programs | Time-of-use rates |
| Homes on time-based rates | 931 |
| Net-metered solar homes | 531 |
| Home batteries paired with solar | 27 |
Minnesota Valley Electric Co-op at a glance
| Ownership | Electric cooperative |
| Services | Distribution |
| Commercial rate | 11.93¢/kWh |
| Industrial rate | 10.64¢/kWh |
| Retail revenue (2025) | $118,588,000 |
| Electricity sold (2025) | 905,989 MWh |
| Peak demand | 194 MW summer · 145 MW winter |
| Line losses | 0.5% |
| Balancing authority | MISO |
| EIA utility ID | 12651 |
Other utilities in Minnesota
Frequently asked questions
What is Minnesota Valley Electric Co-op's electricity rate?
Minnesota Valley Electric Co-op residential customers pay an average of 14.74¢ per kWh, all charges included (EIA-861 2025 annual data, adjusted to the 12 months ending 2026-07 using the state's price trend). That's 9% below the Minnesota average of 16.22¢ and 18% below the U.S. average.
What is the average Minnesota Valley Electric Co-op electric bill?
About $149 a month. The average Minnesota Valley Electric Co-op home uses 1,012 kWh a month. At 1,000 kWh the bill would be about $147.
How many customers does Minnesota Valley Electric Co-op have?
Minnesota Valley Electric Co-op serves 43,682 residential customers and 48,531 customers in total in Minnesota, across 9 counties.
How reliable is Minnesota Valley Electric Co-op?
In 2025, the average Minnesota Valley Electric Co-op customer was without power for 87 min (SAIDI) over 0.73 interruptions (SAIFI), including major storms. Excluding major event days it was 50 min. The Minnesota average was 3 hr 8 min and the U.S. average 4 hr 26 min.
Does Minnesota Valley Electric Co-op offer time-of-use rates?
Minnesota Valley Electric Co-op reports offering time-of-use rates to residential customers. Running big appliances off-peak can cut their cost. Pick the plan in the calculator above to see by how much.
Does Minnesota Valley Electric Co-op offer net metering for solar?
Minnesota Valley Electric Co-op had 531 residential net-metered customers in 2025 with 6.1 MW of capacity and 27 solar-paired batteries. Estimate solar savings at this utility's rate.
Sources: EIA-861 2025 and EIA-861M (through July 2026), OpenEI URDB, ORNL EAGLE-I, U.S. Census. Methodology. Spot an error? Rates change often, so confirm with Minnesota Valley Electric Co-op before making decisions.