WattBuy’s Guide toElectricity in
Electricity in
Lake Elmo
Minnesota
Minnesota
Here's the average monthly bill, usage, and carbon footprint of residents in Lake Elmo
January
$687highestFebruary
$582March
$280April
$224May
$162June
$159lowestJuly
$175August
$169September
$163October
$181November
$292December
$483Carbon Emissions
1,487 lbs CO₂
Monthly Usage
2,023 kWh
Lake Elmo's energy comes from Wind, Coal, Nuclear, Natural Gas, Solar, and Hydroelectric. Wind is the largest source of electricity, providing 29% of Lake Elmo's energy. Coal is the second largest source, making up 28%. Nuclear provides 23% of the energy in Lake Elmo. Natural Gas provides 15% of the energy in Lake Elmo. Solar provides 4% of the energy in Lake Elmo. Hydroelectric provides 1% of the energy in Lake Elmo.
29%
Wind
28%
Coal
23%
Nuclear
15%
Natural Gas
4%
Solar
1%
Hydroelectric
Solar power is on the rise, helping homeowners save on their electricity bills and power their homes sustainably.
934 kWh
Energy generated by average sized system
$14,278
Average system cost
(after federal incentive)
12 years
Payback period
Net metering policies in Lake Elmo can help solar panel owners save money and reduce their carbon footprint. When your solar panels generate more electricity than you use, you can send the excess back to the grid and receive credit on your next bill. Just something to keep in mind when considering solar panels.
Xcel Energy - Minnesota has several different electricity rates for residential customers, as shown in the table below.
| Rate Name | Rate Type | Cost Per kWh |
| Residential Time of Day Service (Overhead, Underground) | TOU | 10¢ to 32¢ |
| Residential Service Standard (Water Heating) | Fixed | 16¢ to 18¢ |
| Residential Service For Electric Space Heating (Overhead, Underground) | Fixed | 13¢ to 18¢ |
| Residential Electric Vehicle Service | TOU | 10¢ to 32¢ |
| Residential Time Of Use Pilot Program Service(Overhead, Underground) | TOU | 8¢ to 34¢ |
| Residential Service Standard (Overhead, Underground) | Fixed | 16¢ to 18¢ |
| Residential Time of Day Service For Electric Space Heating (Overhead, Underground) | TOU | 10¢ to 32¢ |
| ENERGY CONTROLLED SERVICE (NON-DEMAND METERED) | Fixed | 10¢ |
Enter your address and WattBuy's proprietary energy estimation model will find the best electricity options for your home