Our Pricing

We’re committed to providing electricity that’s dependable and cost effective. Our people work every day to keep costs as low as possible while offering programs and tools to help you manage your energy use.

From upgrading infrastructure and investing in new technologies to creating energy-saving programs, we’re focused on delivering safe, reliable power—and finding solutions to keep prices low along the way.

Anticipated cost changes

While we’ve selected cost-effective options to meet your needs, some improvements come with added expense. When we request cost changes from state commissions, those requests are based on both forecasted and historical data. Any adjustments will vary by state, year, and customer size.

Learn more about how price changes are approved

Average rate comparisons

Below are average rate comparisons in cents per kilowatt-hour, or kWh. 

	Minnesota
	State average	Otter Tail Power average
Residential	15.45	11.33
Commercial	12.15	9.31

  Source: U.S. Energy Information Administration, Total Electric Industry-Average Retail Price, October 2024