Electricity Rates in 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.