Steele-Waseca Cooperative Electric: electric rates and average bill

Steele-Waseca Cooperative Electric is an electric cooperative that serves 10,788 homes in Minnesota. In 2025, its average home used 980 kWh a month and paid $161.25 (16.5¢ per kWh), more than the Minnesota average of $117.67.

  • Electric cooperative
  • 10,788 homes
  • EIA data, 2025

Steele-Waseca Cooperative Electric at a glance

Steele-Waseca Cooperative Electric (Minnesota), 2025
Type of utilityElectric cooperative
Homes served in Minnesota10,788
Average home bill$161.25 a month (Minnesota average $117.67)
Average price16.5¢ per kWh (Minnesota average 15.8¢)
Average home use980 kWh a month (Minnesota average 743)
Business customers14.3¢ per kWh, average bill $641.92 a month (1,291 businesses; Minnesota business rates)
Power outages0.6 outages and 56 minutes without power for the average customer in a normal year; 0.7 outages and 90 minutes with major storms (fewer minutes than the middle Minnesota utility, 65 minutes)
Smart meters100% of home meters
Time-based rates for homesTime-of-use pricing; 61 homes enrolled
GridMRO region; MISO market; buys its power
Counties servedBlue Earth, Dodge, Faribault, Freeborn, Goodhue, Le Sueur, Rice, Steele, Waseca

Price rank: Steele-Waseca Cooperative Electric has the 35th lowest average price of the 44 Minnesota utilities with 1,000 or more homes.

Other utilities in the same counties

These utilities also serve homes in one or more of the counties of Steele-Waseca Cooperative Electric. Your address has one utility: it is on your bill.

Utilities that share counties with Steele-Waseca Cooperative Electric (2025 averages)
UtilityHomesAverage billPrice per kWh
Xcel Energy (Minnesota)Bill calculator on this site1,243,236$104.9917.1¢
Dakota Electric Association109,148$116.4115.6¢
Minnesota Valley Electric Cooperative43,682$145.6714.4¢
People's Cooperative Services21,741$157.9817.2¢
BENCO Electric Cooperative18,500$157.8716.1¢
Freeborn Mower Electric Cooperative17,664$136.3615.3¢
City of Owatonna11,597$97.6715.0¢
Federated Rural Electric Association5,733$159.9112.8¢
South Central Electric Association4,657$216.5415.5¢
City of Lake Crystal1,080$133.9720.0¢

Steele-Waseca Cooperative Electric rates and your bill

This site does not have a bill calculator for Steele-Waseca Cooperative Electric yet: we add a calculator only after we check every charge in the official rate schedule. The current rates are on the Steele-Waseca Cooperative Electric rates page. The averages on this page come from the yearly report that each utility files with the U.S. Energy Information Administration (Form EIA-861, 2025 data), so they show the past year, not today's rates.

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What is the average Steele-Waseca Cooperative Electric electric bill (MN)?

In 2025, its average home used 980 kWh a month and paid $161.25 (16.5¢ per kWh), more than the Minnesota average of $117.67.

How often does the power go out with Steele-Waseca Cooperative Electric (MN)?

In 2025, the average Steele-Waseca Cooperative Electric customer had 0.6 outages and 56 minutes without power, not counting major storms (0.7 outages and 90 minutes with them).

Does Steele-Waseca Cooperative Electric (MN) have time-of-use rates?

Steele-Waseca Cooperative Electric reported these time-based rates for homes to EIA in 2025: Time-of-use pricing; 61 homes enrolled. The rate schedules have the hours and prices.

utilityratecalc.com is not part of Steele-Waseca Cooperative Electric. Source: EIA-861 data, 2025. The averages include all charges that the utility reports as revenue from homes that buy their power from it.