Rates and Pricing

Anticipated Cost Changes

We're taking proactive steps to keep the price our customers pay for electricity as economical as possible. New technologies and infrastructure investments, which cost less than other options to produce and move low-cost electricity, will help to keep the price our customers pay among the lowest in the region. And our conservation programs can help customers use electricity wisely and save even more.

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 about 3 to 4 percent a year from 2010 through 2020. The increases will vary by state, year, and size.

Learn about:

Competitive Rates

We're dedicated to keeping our prices below state and national averages.

Residential rates (cents/kwh)
State average Minnesota 11.78
Otter Tail Power Company Minnesota 8.86
State average North Dakota 8.91
Otter Tail Power Company North Dakota 8.05
State average South Dakota 10.36
Otter Tail Power Company South Dakota 8.34
United States residential average   12.56
Otter Tail Power Company total system average*   8.43

Source: Typical Bills and Average Rates Report, Edison Electric Institute, summer 2014

*Weighted average based on customers in each state

Maintaining Manageable Rates

We are resourceful, stretch our budgets, and make prudent decisions as we:

  • Control our expenses while optimizing power plant efficiencies.
  • Improve and expand our load-management system, which includes energy control.
  • Emphasize energy efficiency and conservation.
  • Manage the size of our workforce.
  • Take steps to reduce employee benefit cost increases.

Learn how you can help manage your energy costs.