WattBuy’s Guide toElectricity in
Electricity in
Lakeville
Minnesota
Minnesota
Here's the average monthly bill, usage, and carbon footprint of residents in Lakeville
January
$710highestFebruary
$605March
$294April
$233May
$167June
$166lowestJuly
$181August
$175September
$168October
$187November
$302December
$499Carbon Emissions
1,491 lbs CO₂
Monthly Usage
2,029 kWh
Lakeville's energy comes from Wind, Nuclear, Coal, Natural Gas, Solar, and Hydroelectric. Wind is the largest source of electricity, providing 34% of Lakeville's energy. Nuclear is the second largest source, making up 22%. Coal provides 18% of the energy in Lakeville. Natural Gas provides 16% of the energy in Lakeville. Solar provides 7% of the energy in Lakeville. Hydroelectric provides 2% of the energy in Lakeville.
34%
Wind
22%
Nuclear
18%
Coal
16%
Natural Gas
7%
Solar
2%
Hydroelectric
Solar power is on the rise, helping homeowners save on their electricity bills and power their homes sustainably.
1,096 kWh
Energy generated by average sized system
$14,026
Average system cost
(after federal incentive)
12 years
Payback period
Net metering policies in Lakeville 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 | TOU | 10¢ to 33¢ |
| Residential Electric Vehicle Service | TOU | 10¢ to 33¢ |
| Residential EV Accelerate At Home Voluntary Service | TOU | 10¢ to 33¢ |
| Residential Service (Standard) | Fixed | 17¢ to 19¢ |
| Residential Time of Day Service (Electric Space Heating) | TOU | 10¢ to 33¢ |
| Residential Time Of Use Pilot Program Service | TOU | 9¢ to 35¢ |
| Residential Service (Electric Space Heating) | Fixed | 12¢ to 19¢ |
| Residential EV Accelerate At Home Pay As You Go Service | TOU | 9¢ to 35¢ |
| Residential Service Standard (Water Heating) | Fixed | 17¢ to 19¢ |
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