Our Pricing
We're modernizing the way we serve our customers, while keeping our rates among the lowest in the nation.
And our conservation programs can help customers use energy wisely and save even more.
Anticipated cost changes
While we’ve selected low-cost options to meet customer needs, they still come with a price. We anticipate that all customers averaged together will see a bill increase of less than 2% a year from 2018 through 2027. The increases will vary by state, year, and size.
Learn about how price changes are approved.
Competitive rates
We're dedicated to keeping our prices below state and national averages.
Residential rates (cents/kWh) | |||
---|---|---|---|
Minnesota | North Dakota | South Dakota | |
State average | 13.19 | 10.10 | 11.70 |
Otter Tail Power Company | 10.62 | 9.53 | 10.48 |
Residential rates (cents/kWh) | |
---|---|
United States residential average | 12.87 |
Otter Tail Power Company total system average* | 10.17 |
Source: Typical Bills and Average Rates Report, Edison Electric Institute, Winter 2020. The report surveys typical electric bills for investor-owned utility companies in the United States.
*Weighted average based on customers in each state