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
- FL size
Florida Power & Light Co
5,236,277 residential customers
- CA rate 307,982
San Diego Gas & Electric Co
307,982 residential customers
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.
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
- NM
Public Service Co of NM
16 ¢/kWh
- AZ
Tucson Electric Power Co
16 ¢/kWh
- NJ
Jersey Central Power & Lt Co
16 ¢/kWh
- this util
ALLETE, Inc.
16 ¢/kWh
- CO
United Power, Inc
16 ¢/kWh
What this shows ALLETE, Inc. reports 15.66¢/kWh, corpus customer-rank 164 of 194.
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
- Implied annual bill against state peers
- 62/100
- State renewable generation context
- 66/100
15.66¢/kWh · median 14.35¢/kWh
$1,224/yr · median $1,470/yr
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
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
| Benchmark | Price / kWh | Difference |
|---|---|---|
| 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
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.
| 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.
| 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.