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
| Type of utility | Electric cooperative |
|---|---|
| Homes served in Minnesota | 10,788 |
| Average home bill | $161.25 a month (Minnesota average $117.67) |
| Average price | 16.5¢ per kWh (Minnesota average 15.8¢) |
| Average home use | 980 kWh a month (Minnesota average 743) |
| Business customers | 14.3¢ per kWh, average bill $641.92 a month (1,291 businesses; Minnesota business rates) |
| Power outages | 0.6 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 meters | 100% of home meters |
| Time-based rates for homes | Time-of-use pricing; 61 homes enrolled |
| Grid | MRO region; MISO market; buys its power |
| Counties served | Blue 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.
| Utility | Homes | Average bill | Price per kWh |
|---|---|---|---|
| Xcel Energy (Minnesota)Bill calculator on this site | 1,243,236 | $104.99 | 17.1¢ |
| Dakota Electric Association | 109,148 | $116.41 | 15.6¢ |
| Minnesota Valley Electric Cooperative | 43,682 | $145.67 | 14.4¢ |
| People's Cooperative Services | 21,741 | $157.98 | 17.2¢ |
| BENCO Electric Cooperative | 18,500 | $157.87 | 16.1¢ |
| Freeborn Mower Electric Cooperative | 17,664 | $136.36 | 15.3¢ |
| City of Owatonna | 11,597 | $97.67 | 15.0¢ |
| Federated Rural Electric Association | 5,733 | $159.91 | 12.8¢ |
| South Central Electric Association | 4,657 | $216.54 | 15.5¢ |
| City of Lake Crystal | 1,080 | $133.97 | 20.0¢ |
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.
- Steele-Waseca Cooperative Electric website
- State regulator: Minnesota Public Utilities Commission
- The average electric bill in Minnesota, the average bill in each state and the ZIP code finder
Do you want a Steele-Waseca Cooperative Electric bill calculator? Tell us.
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.