Electricity in Lakeville, Minnesota
3 electric utilities serve homes in Dakota County, where Lakeville is: Xcel Energy (Minnesota), Dakota Electric Association and Minnesota Valley Electric Cooperative. The name of your utility is on your bill. In 2025, the average home bill of these utilities was $104.99 (Xcel Energy (Minnesota)) to $145.67 (Minnesota Valley Electric Cooperative) a month. The Minnesota average was $117.67.
- 79,270 people (2025 estimate)
- Dakota County
- EIA data, 2025
Electric utilities in Lakeville
EIA lists utilities by county, not by city. These utilities serve homes in Dakota County. Your address has one utility: its name is on your bill, or type your ZIP code in the utility finder.
| Utility | Homes in Minnesota | Average bill 2025 | 1,000 kWh now |
|---|---|---|---|
| Xcel Energy (Minnesota)Investor-owned utility · bill calculator | 1,243,236 | $104.99615 kWh, 17.1¢ | $162.11 |
| Dakota Electric AssociationElectric cooperative | 109,148 | $116.41745 kWh, 15.6¢ | — |
| Minnesota Valley Electric CooperativeElectric cooperative | 43,682 | $145.671,012 kWh, 14.4¢ | — |
1 smaller utility with fewer than 1,000 homes is also listed in the county. The average bill is the 2025 average of each utility's homes that bought their power from it (EIA-861); a dash means that its homes buy power from a retail supplier. The 1,000 kWh bill is from the official tariff, before taxes, for the utilities that have a calculator on this site. The Minnesota average was $117.67 a month for 743 kWh (15.8¢ per kWh).
Solar power in Lakeville
A home solar system on a south-facing roof in Lakeville makes about 1,333 kWh a year for each kW of panels (PVWatts, National Laboratory of the Rockies). A 6 kW system makes about 7,996 kWh a year. See what that saves on your utility's rates with the solar savings calculator.
Lower your electric bill in Lakeville
- Open your utility above for its average bill, outages and rates, or the bill calculator to check your own bill.
- Help paying the electric bill in Minnesota: bill assistance, payment plans and discounts.
- Why is my electric bill so high? and the appliance cost calculator.
More about Minnesota: Minnesota electric rates and all Minnesota utilities, business electricity rates and natural gas bills. All cities of the county: electricity in Dakota County. Other cities: Minneapolis, Austin, Blaine, Bloomington, Chaska, Duluth, Elk River, Faribault, Mankato, Moorhead, Owatonna, Rochester.
Who provides electricity in Lakeville, MN?
3 electric utilities serve homes in Dakota County, where Lakeville is: Xcel Energy (Minnesota), Dakota Electric Association and Minnesota Valley Electric Cooperative. The name of your utility is on your bill.
What is the average electric bill in Lakeville, MN?
In 2025, the average home bill of these utilities was $104.99 (Xcel Energy (Minnesota)) to $145.67 (Minnesota Valley Electric Cooperative) a month. The Minnesota average was $117.67 a month for 743 kWh. Your bill depends on your kWh and your rate plan.
utilityratecalc.com is not part of any utility or city government. Sources: Census Bureau city population estimates, Vintage 2025 (the city and its counties); EIA-861 data, 2025 (utilities by county, homes and average bills).