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Comprehensive Local Electricity Guide

Loretto Electricity Rates

Commercial Electricity in Loretto

^ The average commercial electricity rate in Loretto, MN is 8.73¢/kWh.[1]

Residential Electricity in Loretto

^ The average residential electricity rate in Loretto, MN is 11.48¢/kWh.[1]

Industrial Electricity in Loretto

^ The average industrial electricity rate in Loretto, MN is 6.83¢/kWh.[1]

MN Electricity

Loretto, MN Electricity Statistics

Commercial electricity rates in Loretto


  • Commercial Electricity in Loretto
    • The average commercial electricity rate in Loretto is 8.73¢/kWh.[1]
    • This average (commercial) electricity rate in Loretto is 1.24% less than the Minnesota average rate of 8.84¢/kWh.[2]
    • The average (commercial) electricity rate in Loretto is 13.48% less than the national average rate of 10.09¢/kWh. Commercial rates in the U.S. range from 6.86¢/kWh to 34.88¢/kWh.[2]

Residential electricity rates in Loretto


  • Residential Electricity in Loretto
    • The average residential electricity rate in Loretto is 11.48¢/kWh.[1]
    • This average (residential) electricity rate in Loretto is 1.15% greater than the Minnesota average rate of 11.35¢/kWh.[2]
    • The average (residential) electricity rate in Loretto is 3.37% less than the national average rate of 11.88¢/kWh. Residential rates in the U.S. range from 8.37¢/kWh to 37.34¢/kWh.[2]

Industrial electricity rates in Loretto


  • Industrial Electricity in Loretto
    • The average industrial electricity rate in Loretto is 6.83¢/kWh.[1]
    • This average (industrial) electricity rate in Loretto is 4.43% greater than the Minnesota average rate of 6.54¢/kWh.[2]
    • The average (industrial) electricity rate in Loretto is 2.4% greater than the national average rate of 6.67¢/kWh. Industrial rates in the U.S. range from 4.13¢/kWh to 30.82¢/kWh.[2]
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Minnesota Electricity Rates & Consumption

Commercial electricity in Minnesota


  • Commercial electricity rates in MN [3]
    • The average commercial electricity rate in Minnesota is 8.84¢/kWh, which ranks 31st in the nation and is 12.39% less than the national average rate of 10.09¢/kWh.[3]
  • Commercial electricity consumption in MN [3]
    • Commercial electricity consumption in Minnesota averages 6,732 kWh/month, which ranks 15th in the nation and is 7.92% greater than the national average of 6,238 kWh/month.
  • Commercial electricity bills in MN [3]
    • The average monthly commercial electricity bill in Minnesota is $595, which ranks 20th in the nation and is 5.41% less than the national average of $629.
  • electricity Learn more about commercial electricity in Minnesota

Residential electricity in Minnesota


  • Residential electricity rates in Minnesota [3]
    • The average residential electricity rate in Minnesota is 11.35¢/kWh, which ranks 26th in the nation and is 4.46% less than the national average rate of 11.88¢/kWh.
  • Residential electricity consumption in MN [3]
    • Residential electricity consumption in Minnesota averages 793 kWh/month, which ranks 33rd in the nation and is
  • Residential electricity bills in MN [3]
    • The average monthly residential electricity bill in Minnesota is $90, which ranks 39th in the nation and is 15.89% less than the national average of $107 per month.
  • electricity Learn more about residential electricity in Minnesota

Industrial electricity in Minnesota


  • Industrial electricity rates in Minnesota [3]
    • The average industrial electricity rate in Minnesota is 6.54¢/kWh, which ranks 25th in the nation and is 1.95% less than the national average rate of 6.67¢/kWh.
  • Industrial electricity consumption in MN [3]
    • Industrial electricity consumption in Minnesota averages 177,231 kWh/month, which ranks 19th in the nation and is 58.02% greater than the national average of 112,158 kWh/month.
  • Industrial electricity bills in MN [3]
    • The average monthly industrial electricity bill in Minnesota is $11,585, which ranks 21st in the nation and is 54.82% greater than the national average of $7,483.
  • electricity Learn more about industrial electricity in Minnesota

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Household Income in Loretto, MN

Loretto, MN Income Breakdown [4]


Income Summary for Loretto, MN


    • Household income: The city of Loretto has a median household income of $122,541, versus $58,522 for the U.S.[4]
    • Compared to the U.S.: Median household income in Loretto is approximately 109 percent greater than the median income for the entire United States.[4]
    • Poverty level: Approximately 14 percent of Loretto households have incomes below poverty level.[4]
    • Electric bills: The average residential electricity bill in Minnesota is about $90/month, ranking 39th in the U.S. and 15.89% less than the national average of $107.[5]

Income: Loretto vs. Nation [4]


Additional information about Loretto

About Loretto

Loretto is a city located in Hennepin County in the state of Minnesota, and has a population of approximately 650.[6]

MN Electricity

More about Loretto utilities

For more information about Loretto electricity, or for additional resources regarding electricity & utilities in your state, visit the Energy Information Administration.

Did you know?

In the U.S., electricity plants use more than 900 million short tons of coal to produce electricity every year.

Additional Cities in MN

References

1. ^ National Renewable Energy Laboratory

2. ^ U.S. Department of Energy

3. ^ U.S. Energy Information Administration (2012)

4. ^ United States Census Bureau

5. ^ U.S. Energy Information Administration

6. ^ United States Census Bureau

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