Minnesota · Investor Owned · investor

ALLETE, Inc. Electricity Rates

Average residential price, customers served and derived annual usage from EIA Form 861, 2024 release.

15.66¢
Avg residential price / kWh
125.9K
Residential customers
-1.4%
vs Minnesota average
$1,224
Implied avg annual bill

Among 194 utilities with 100,000 or more residential customers, ALLETE, Inc. ranks #75 by average cents per kWh and #164 by residential customers. ALLETE, Inc. charged an average of 15.66¢ per kWh to residential customers in 2024 - close to the Minnesota average and below the Form 861 US customer-weighted average.

San Diego Gas & Electric Co ranks #1 of 194 by average residential cents per kWh (43.63¢, 307,982 customers, customers rank #90). Florida Power & Light Co ranks #1 of 194 by residential customers (5,236,277 customers at 13.71¢, price rank #122). The highest average rate is not the largest customer count. ALLETE, Inc. is investor owned - a shareholder-owned company whose retail rates are set through a state regulatory commission. Its reported average residential price is close to the Minnesota customer-weighted average (-1.4%). Its customers used below the national residential norm at about 7,813 kWh a year each.

  • San Diego Gas & Electric Co 43.63¢ · customers rank #90
  • Florida Power & Light Co 5,236,277 customers · price rank #122

Highest average rate is not the most customers

Residential customers for the average-rate #1 and customers #1 utilities among 194 with 100,000 or more residential customers

residential customers
  • FL size
    5,236,277
  • CA rate
    307,982

What this shows San Diego Gas & Electric Co ranks #1 of 194 by average residential cents per kWh (43.63¢, 307,982 customers, customers rank #90). Florida Power & Light Co ranks #1 of 194 by residential customers (5,236,277 customers at 13.71¢, price rank #122). The highest average rate is not the largest customer count.

Source EIA Form 861 residential survey, latest release. Average cents per kWh and customer counts from the same rows; no tariff or bill is implied. As of 2024

EIA Form 861 utility filing desk

Release MN-2024 · ALLETE, Inc. NEAR STATE

ALLETE, Inc. · Form 861 2024 · NEAR STATE

  • RATE 15.66¢/kWh
  • RANK #35/46
  • VS-ST -1.4%
  • VS-US -8.5%
  • CUST 126k
  • BILL $1,224
  • OWN IOU
  • PHOTO NJ 0.02¢
  • BOOK 164/194

Nearest Form 861 price peer: Jersey Central Power & Lt Co (NJ) (-0.02¢ gap)

EIA Form 861 residential filing stamps for this utility record. Read with this utility → · Minnesota rates

ALLETE, Inc. in the Form 861 price neighbourhood

Average residential ¢/kWh among this utility and nearest indexable peers

¢/kWh
  • NM
    16
  • AZ
    16
  • NJ
    16
  • this util
    16
  • CO
    16

What this shows ALLETE, Inc. reports 15.66¢/kWh, corpus customer-rank 164 of 194.

Source EIA Form 861 residential survey As of 2024
F44/100

RateWatt cost context

How ALLETE, Inc. compares on reported cost context

A weighted comparison, not a tariff quote, reliability grade, service-quality score, or recommendation. Lower price and lower implied annual bill score better against reporting utilities in Minnesota; the state generation context is shown separately.

Price against state peers
24/100

15.66¢/kWh · median 14.35¢/kWh

Implied annual bill against state peers
62/100

$1,224/yr · median $1,470/yr

State renewable generation context
66/100

33.4% · median 22.8%

Weights: 50% price, 30% implied annual bill, 20% state renewable-generation context. Unreported inputs are excluded and the remaining weights are redistributed. Price and bill use EIA Form 861 (2024); generation context uses EIA state generation data (2025) and is not attributed to this provider.

Rate comparison

How this price compares

Ranked by price against the 46 utilities reporting residential rates in Minnesota, ALLETE, Inc. comes 35th of 46. The state's range runs from City of Marshall - (MN) at 9.70¢ to City of Lake Crystal - (MN) at 20.97¢, so where a household sits inside Minnesota depends far more on which utility serves it than on the statewide average alone.

Against the 3 other investor owned utilities reporting in Minnesota, whose customer-weighted average is 16.76¢, ALLETE, Inc. is close to its own ownership class within the state (-6.5%).

State price distribution

Where ALLETE, Inc. sits among Minnesota utilities

2024 average residential price across the 46 utilities reporting a rate in Minnesota

15.66¢/kWh 24th affordability percentile More affordable than 24% of 45 other utilities

ALLETE, Inc.

average residential price, equal-width bands

Each bar spans 2¢/kWh. Taller bars contain more utilities; the dashed marker locates this utility. Hover, focus or tap a bar for its exact count and share.

Source EIA Form 861 · 2024

ALLETE, Inc. average residential price against three benchmarks, 2024
BenchmarkPrice / kWhDifference
ALLETE, Inc. 15.66¢ -
Minnesota (customer-weighted, 46 utilities) 15.89¢ -1.4%
US Form 861 customer-weighted average (1.5K utilities) 17.11¢ -8.5%
Investor Owned customer-weighted US avg (183 utilities) 18.37¢ -14.7%

Rate against consumption: Minnesota utilities

Each dot is one of the 46 Minnesota utilities reporting both a residential price and residential sales in 2024, placed by its rank percentile within that group rather than its raw value, so one very large utility cannot flatten the rest. Bubble size follows customers served, rank-scaled so a utility with millions of customers cannot swamp the rest. ALLETE, Inc. is highlighted. In Minnesota the cheapest rate belongs to City of Marshall - (MN) (9.70¢) while the smallest implied annual bill belongs to Northwestern Wisconsin Elec Co ($767) - a household's bill is price multiplied by consumption, so the two rankings are different lists. 2×2 strategic matrix plotting 46 entities by Price rank percentile (100 = most expensive in state) (X) and Consumption rank percentile (100 = heaviest use) (Y), with a crosshair dividing the plot into four quadrants. Costly rate, heavy useCheaper rate, heavy useCostly rate, light useCheaper rate, light use 050100150 050100150 Price rank percentile (100 = most expensive in state) Consumption rank percentile (100 = heaviest use)
Each dot is one of the 46 Minnesota utilities reporting both a residential price and residential sales in 2024, placed by its rank percentile within that group rather than its raw value, so one very large utility cannot flatten the rest. Bubble size follows customers served, rank-scaled so a utility with millions of customers cannot swamp the rest. ALLETE, Inc. is highlighted. In Minnesota the cheapest rate belongs to City of Marshall - (MN) (9.70¢) while the smallest implied annual bill belongs to Northwestern Wisconsin Elec Co ($767) - a household's bill is price multiplied by consumption, so the two rankings are different lists.

Territory and usage

Scale and consumption

ALLETE, Inc. reported 125.9K residential customers, ranking 3rd of 46 utilities in Minnesota by customers served and covering 5.4% of the state's reported residential customers.

Dividing reported residential sales by customers served gives about 7,813 kWh per customer per year - -21.4% against the Minnesota median of 9,946 kWh , implying a typical annual bill near $1,224.

State peers

Every utility reporting in Minnesota

All 46 utilities reporting bundled residential service in Minnesota, largest first, with ALLETE, Inc. marked. The named companies either side of it are the ones a household in this state might otherwise be served by.

Residential utilities in Minnesota, 2024, ranked by customers served
Utility Ownership Customers Avg ¢/kWh
Northern States Power Co - Minnesota Investor Owned 1.2M 16.98¢
Connexus Energy Cooperative 134.1K 13.66¢
ALLETE, Inc. (this page) Investor Owned 125.9K 15.66¢
Dakota Electric Association Cooperative 108.1K 14.00¢
East Central Energy Cooperative 55.3K 16.89¢
Rochester Public Utilities Municipal 54.9K 17.91¢
Wright-Hennepin Coop Elec Assn Cooperative 53.7K 14.59¢
Otter Tail Power Co Investor Owned 50.1K 11.33¢
Lake Country Power Cooperative 47.2K 17.90¢
Crow Wing Cooperative Power & Light Comp Cooperative 44.7K 13.33¢
Minnesota Valley Electric Coop Cooperative 43.4K 13.98¢
Lake Region Electric Cooperative - (MN) Cooperative 27.2K 13.28¢
Stearns Cooperative Elec Assn Cooperative 26.1K 13.88¢
People's Cooperative Services Cooperative 21.7K 16.70¢
Beltrami Electric Coop, Inc Cooperative 20.7K 14.40¢
Shakopee Public Utilities Comm Municipal 18.5K 15.54¢
BENCO Electric Cooperative Cooperative 18.4K 15.03¢
City of Moorhead - (MN) Municipal 18.2K 11.38¢
Freeborn Mower Electric Cooperative Cooperative 17.8K 15.15¢
MiEnergy Cooperative Cooperative 15.2K 16.56¢
Mille Lacs Energy Cooperative Cooperative 14.5K 17.58¢
Runestone Electric Assn Cooperative 14.3K 14.36¢
Wild Rice Electric Coop, Inc Cooperative 13.9K 14.35¢
City of Elk River Municipal 11.8K 15.83¢
City of Anoka Municipal 11.6K 15.88¢
City of Owatonna - (MN) Municipal 11.4K 15.27¢
Itasca-Mantrap Co-op Electrical Assn Cooperative 11.2K 13.44¢
City of Chaska - (MN) Municipal 11.0K 16.28¢
City of Austin - (MN) Municipal 10.8K 15.34¢
Steele-Waseca Cooperative Electric Cooperative 10.7K 15.63¢
City of Alexandria - (MN) Municipal 8.8K 11.57¢
Willmar Municipal Utilities Municipal 8.7K 12.21¢
Meeker Coop Light & Power Assn Cooperative 8.6K 14.09¢
Brainerd Public Utilities Municipal 7.0K 12.15¢
Hutchinson Utilities Comm Municipal 6.7K 11.09¢
City of Marshall - (MN) Municipal 5.9K 9.70¢
Federated Rural Electric Assn Cooperative 5.7K 11.64¢
Minnesota Valley Coop L&P Assn Cooperative 4.9K 12.22¢
South Central Electric Assn Cooperative 4.7K 15.20¢
City of Worthington - (MN) Municipal 4.7K 12.08¢
Agralite Electric Coop Cooperative 4.3K 13.94¢
Sioux Valley SW Elec Coop Cooperative 3.4K 12.61¢
Glencoe Light & Power Comm Municipal 2.6K 11.17¢
City of Lake Crystal - (MN) Municipal 1.1K 20.97¢
Northwestern Wisconsin Elec Co Investor Owned 88 14.45¢
Heartland Power Coop Cooperative 38 12.14¢

For generation mix and price history statewide, see electricity rates in Minnesota.

Ownership class peers

Investor Owned utilities with similar residential prices

Beyond Minnesota, these indexable investor owned utilities report the closest residential averages to ALLETE, Inc. in the same Form 861 release. Peer sets differ by ownership class and price, not a shared national list.

Same-ownership utilities outside Minnesota nearest in residential price
Utility State Customers Avg ¢/kWh
Jersey Central Power & Lt Co New Jersey 964.8K 15.65¢
Tucson Electric Power Co Arizona 412.7K 15.63¢
Public Service Co of NM New Mexico 492.9K 15.57¢
Duke Energy Progress - (NC) North Carolina 1.4M 15.54¢
Northern States Power Co Wisconsin 220.6K 15.83¢

FAQ

Common questions about ALLETE, Inc. rates

How much does ALLETE, Inc. charge per kWh?
ALLETE, Inc. reported an average residential price of 15.66¢ per kWh across its bundled residential customers in the 2024 EIA Form 861 release. That is an annual average across all its residential customers, not a rate schedule, so an individual bill depends on the tariff, usage pattern and season.
Is ALLETE, Inc. expensive compared with the rest of Minnesota?
Its average residential price is close to the Minnesota customer-weighted average of 15.89¢ per kWh, a difference of -1.4%. The state figure is weighted by customers across the 46 utilities reporting residential service in Minnesota.
What is the average electricity bill for ALLETE, Inc. customers?
Dividing reported residential sales by residential customers gives about 7,813 kWh per customer per year. At the reported average price that implies roughly $1,224 a year, or about $102 a month. This is RateWatt's arithmetic on two EIA columns, not a figure EIA publishes.
Who owns ALLETE, Inc.?
EIA classifies ALLETE, Inc. as Investor Owned, a shareholder-owned company whose retail rates are set through a state regulatory commission. Nationally, the customer-weighted average across Investor Owned utilities was 18.37¢ per kWh in the 2024 Form 861 release.

Limitations

What this page does and does not tell you

  • An average across bundled residential customers for the year, revenue divided by sales, not a rate schedule.
  • Form 861 presence is not evidence of availability at an address or of customer choice.

See our methodology and understanding rate structures .

Source: U.S. Energy Information Administration (EIA), Form 861 annual electric power industry report, 2024 release. Retrieved and formatted by RateWatt.

Disclaimer: This information is provided for informational purposes only and does not constitute professional or financial advice. Data is sourced from the U.S. Energy Information Administration (EIA). Rates change and averages do not describe any individual account. Consult your utility or a qualified professional before making decisions based on this data.

Every figure on RateWatt is rendered directly from official U.S. Energy Information Administration (EIA) data, no number is typed in by an editor. Average price, customers and sales are reported by EIA Form 861 (2024). Per-customer annual usage, the implied annual bill, the customer-weighted state average, the Form 861 US customer-weighted average, the ownership-class customer-weighted average, and every percentage difference are RateWatt's arithmetic on those reported columns, never the separate EIA retail-sales statewide series. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2025.