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ElectricityRatePerKWh

ALLETE, Inc. Electricity Rate per kWh (2024 EIA Data)

Investor Owned|EIA utility 12647|Minnesota|Bundled

In 2024, ALLETE, Inc.'s residential customers paid an average of 15.66 cents per kWh: $154 million of revenue over 983,680 MWh of sales across 125,896 bundled residential customers, as reported to EIA on Form 861.

Residential 2024
15.66¢
per kWh, bundled
vs MN avg 2024
+1.4%
state 15.45c
Bundled res. customers
125,896
152,342 all sectors
Rank in MN by res. accounts
#3 of 47
4.5% of state residential MWh

How the 15.66c figure is calculated

15.66c/kWh = $154,079k revenue / 983,680 MWh x 100. This is EIA's average realised price for 2024: everything ALLETE, Inc. billed its residential customers (energy, delivery, fuel and rider charges, fixed charges) divided by the kilowatt-hours it sold. It is not a tariff rate, and a 2024 annual average will differ from a current bill. For a 1,000 kWh month at this average, the energy cost works out to about $157 before taxes.

About ALLETE, Inc.'s 2024 electricity prices

ALLETE, Inc. is an investor-owned electric utility that reports to the U.S. Energy Information Administration under utility number 12647. In 2024 it served 125,896 bundled residential customers in Minnesota, and its average realised residential price was 15.66 cents per kWh: $154 million of residential revenue divided by 983,680 MWh of residential sales.

Across the other sectors, ALLETE, Inc.'s 2024 average prices were 14.49 cents for commercial customers (26,027 accounts) and 8.95 cents for industrial customers (419 accounts). Industrial customers paid 6.71 cents less per kWh than households, a 43% discount that is typical of high-volume, high-voltage service.

Within Minnesota, ALLETE, Inc. ranked number 3 of 47 utilities with bundled or delivery service by residential accounts served (125,896) and accounted for 4.46% of the state's residential electricity sales in 2024, measured in MWh sold or delivered rather than in customers. The state-wide average realised residential price in 2024, computed from the same EIA file, was 15.45 cents per kWh, so ALLETE, Inc.'s customers paid 0.21 cents above the Minnesota average (+1.4%). For context, EIA's latest monthly figure for Minnesota is 17.52 cents per kWh (June 2026, Electric Power Monthly); that is a different, more recent measure across all utilities and is not directly comparable with a 2024 annual average.

EIA's service-territory file places ALLETE, Inc. in 17 Minnesota counties: Aitkin, Benton, Carlton, Cass, Cook, Crow Wing, Hubbard, Itasca, Koochiching, Lake, Morrison, and Otter Tail, and 5 more. On the grid side it operates in the MRO NERC region and the MISO market, and reported generation, transmission, buying transmission, distribution, and wholesale marketing as its activities. Balancing authority code: MISO.

EIA's preliminary 2025 early release (published 4 August 2026) shows a residential price of 15.86 cents per kWh for ALLETE, Inc. in Minnesota across 126,520 residential customers, 0.20 cents higher than the 2024 final figure. Early-release data has not been validated by EIA and must not be aggregated; the 2024 final figures remain the reference on this page until the 2025 final file is published.

The nearest other utilities in Minnesota by service-territory centroid are Brainerd Public Utilities (26.3 miles away, 12.15 cents), Mille Lacs Energy Cooperative (28.4 miles away, 17.58 cents), Lake Country Power (38.9 miles away, 17.90 cents), Crow Wing Cooperative Power & Light Comp (42.9 miles away, 13.33 cents), and Beltrami Electric Coop, Inc (67.2 miles away, 14.40 cents).

2024 sales by sector in Minnesota (bundled service)
SectorCustomersSales (MWh)Revenue ($k)Avg c/kWh
Residential125,896983,680154,07915.66
Commercial26,0271,204,294174,47114.49
Industrial4196,203,291555,4528.95

Counties served in Minnesota (17)

AitkinBentonCarltonCassCookCrow WingHubbardItascaKoochichingLakeMorrisonOtter TailPineSt LouisStearnsToddWadena

From the EIA-861 Service Territory file; a listed county can be served in part only.

2025 early release (preliminary, not validated by EIA)

Residential price in Minnesota: 15.86c/kWh (+0.20c vs 2024 final), 126,520 residential customers; commercial 14.75c; industrial 9.37c. Published 4 August 2026. EIA marks this file "not fully edited, use with caution"; the 2024 final figures above remain the reference.

Nearby and comparable utilities in Minnesota

Brainerd Public UtilitiesMunicipal, 26.3 mi between territory centroids
6,956 res. accounts 12.15c
Mille Lacs Energy CooperativeCooperative, 28.4 mi between territory centroids
14,546 res. accounts 17.58c
Lake Country PowerCooperative, 38.9 mi between territory centroids
47,204 res. accounts 17.90c
Crow Wing Cooperative Power & Light CompCooperative, 42.9 mi between territory centroids
44,698 res. accounts 13.33c
Beltrami Electric Coop, IncCooperative, 67.2 mi between territory centroids
20,732 res. accounts 14.40c
EIA-861 facts, 2024
EIA utility number
12647
Ownership type
Investor Owned
Data year
2024 final (EIA-861)
Primary state
Minnesota
Service type
Bundled (Part A)
Bundled residential customers (MN, price basis)
125,896
Residential accounts served (MN)
125,896
All accounts, all sectors (MN)
152,342
Residential price, 2024
15.66 c/kWh
Commercial price, 2024
14.49 c/kWh
Industrial price, 2024
8.95 c/kWh
Residential sales
983,680 MWh
Residential revenue
$154 million
Rank in Minnesota by residential accounts served
3 of 47
Share of Minnesota residential sales (MWh, not customers)
4.46%
Minnesota average, 2024
15.45 c/kWh
Counties served (MN)
17
NERC region
MRO
RTO / ISO
MISO
Balancing authority
MISO
Reported activities
Generation, Transmission, Buying Transmission, Distribution, Wholesale Marketing
2025 early release (preliminary)
15.86 c/kWh
Change vs 2024 final
+0.20 c/kWh
Registry status
Reported on Form EIA-861 for 2024
Minnesota today
Residential (June 2026)17.52c
Commercial13.68c
Industrial10.23c
Minnesota electricity rate page ->All utilities in Minnesota ->
Energy cost at 15.66c
500 kWh$78.30
750 kWh$117.45
1,000 kWh$156.60
1,500 kWh$234.90

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Source and method

Source: U.S. Energy Information Administration, Form EIA-861 Annual, 2024 final data (public domain), retrieved 28 August 2026; prices are average realised revenue per kWh, not tariffs. Final 2024 file f8612024.zip (released 3 December 2025) from the EIA-861 detailed data files. Preliminary 2025 figures come from the early-release file f8612025er.zip (4 August 2026), which EIA has not yet validated; they are labelled as such wherever shown and never mixed into a final figure.

Method: cents per kWh = revenue (thousand dollars) divided by sales (megawatthours), times 100. Customer counts, sales and revenue are the utility's own annual survey responses by state and sector. Bundled = energy plus delivery from one utility; delivery-only = the wires charge for customers who buy energy from a competitive supplier; energy-only = a competitive supplier's energy charge without delivery. County lists come from the EIA-861 Service Territory file; territory centroids used for "nearby utilities" are unweighted means of Census 2023 county centroids. EIA content is in the public domain (EIA copyright and reuse statement); the EIA logo is not used. Corrections: [email protected].