Steele-Waseca Cooperative Electric Rates: Average Bill & Price per kWh

Residential rates for Steele-Waseca Cooperative Electric and how they compare to the Minnesota average — 2024 EIA-861 annual data.

Data through 2024 EIA-861, verified Oct 11, 2026

Residential customers of Steele-Waseca Cooperative Electric average $146.81/month at 15.63¢/kWh — above the Minnesota average of $124.46.

Avg bill (2024)$146.81/moannual average Rate15.63¢/kWh Res. customers10,725 Bill rank#15 in MNof tracked utilities

Where Steele-Waseca Cooperative Electric rates are heading

Annual residential figures from Form EIA-861, 2019–2024.

Steele-Waseca Cooperative Electric price per kWh (annual) ▲ 9.6% over 2019–2024
Steele-Waseca Cooperative Electric price per kWh (annual) 14.3¢ 14.9¢ 15.6¢ 15.6¢ 2019 2024
YearRateAvg billRes. customers
2019 14.26¢/kWh $143.43/mo 10,252
2020 14.56¢/kWh $145.03/mo 10,321
2021 14.53¢/kWh $142.34/mo 10,469
2022 14.51¢/kWh $144.74/mo 10,571
2023 15.39¢/kWh $149.82/mo 10,651
2024 15.63¢/kWh $146.81/mo 10,725

Rate context in Minnesota

Statewide residential price trend (12 months) — context for Steele-Waseca Cooperative Electric's 2024 annual figure.

Minnesota price per kWh (12 months) ▲ 3.5% over Jul 25–Jun 26
Minnesota price per kWh (12 months) 15.0¢ 16.2¢ 17.5¢ 17.5¢ Jul 25 Jun 26

Steele-Waseca Cooperative Electric vs its state

Annual utility averages next to the latest statewide monthly figure — different windows, both labeled.

MeasureSteele-Waseca Cooperative E…Minnesota (latest month)
Avg bill $146.81/mo $124.46/mo
Rate 15.63¢/kWh 17.52¢/kWh

Common questions

How much is the average electric bill with Steele-Waseca Cooperative Electric?

Steele-Waseca Cooperative Electric residential customers averaged $146.81 per month in 2024 (EIA-861 annual data) — about $1,761.67 per year.

What does Steele-Waseca Cooperative Electric charge per kWh?

Steele-Waseca Cooperative Electric averaged 15.63¢ per kWh for residential service in 2024 (annual revenue divided by sales, EIA-861). Actual rates depend on your plan and season.

How does Steele-Waseca Cooperative Electric compare to the Minnesota average?

Steele-Waseca Cooperative Electric bills average $146.81 — higher than the Minnesota average of $124.46 (latest EIA month).

How many customers does Steele-Waseca Cooperative Electric serve?

Steele-Waseca Cooperative Electric served 10,725 residential customers in 2024, per EIA-861 — one of the largest utilities we track in MN.

Data: Form EIA-861, 2024 annual residential figures for Steele-Waseca Cooperative Electric. Bill = residential revenue ÷ customers ÷ 12; rate = revenue ÷ sales. State context uses the latest EIA monthly data. See methodology.