WattBuy’s Guide toElectricity in
Electricity in
New London
Minnesota
Minnesota
Here's the average monthly bill, usage, and carbon footprint of residents in New London
January
$279highestFebruary
$72March
$69April
$93May
$125June
$123July
$124August
$122September
$121October
$124November
$65lowestDecember
$76Carbon Emissions
405 lbs CO₂
Monthly Usage
777 kWh
New London's energy comes from Wind, Natural Gas, Coal, Nuclear, Solar, and Hydroelectric. Wind is the largest source of electricity, providing 31% of New London's energy. Natural Gas is the second largest source, making up 28%. Coal provides 19% of the energy in New London. Nuclear provides 18% of the energy in New London. Solar provides 4% of the energy in New London. Hydroelectric provides 1% of the energy in New London.
31%
Wind
28%
Natural Gas
19%
Coal
18%
Nuclear
4%
Solar
1%
Hydroelectric
Solar power is on the rise, helping homeowners save on their electricity bills and power their homes sustainably.
0 kWh
Energy generated by average sized system
$14,079
Average system cost
(after federal incentive)
12 years
Payback period
Net metering policies in New London 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 Service Standard (Overhead, Underground) | Fixed | 16¢ to 18¢ |
| Residential Service Standard (Water Heating) | Fixed | 16¢ to 18¢ |
| Residential Service For Electric Space Heating (Overhead, Underground) | Fixed | 13¢ to 18¢ |
| Residential Time of Day Service For Electric Space Heating (Overhead, Underground) | TOU | 9¢ to 32¢ |
| ENERGY CONTROLLED SERVICE (NON-DEMAND METERED) | Fixed | 10¢ |
| Residential Time Of Use Pilot Program Service(Overhead, Underground) | TOU | 8¢ to 34¢ |
| Residential Time of Day Service (Overhead, Underground) | TOU | 9¢ to 32¢ |
| Residential Electric Vehicle Service | TOU | 9¢ to 32¢ |
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