Kilowatt Atlas

Electric cooperative

BENCO Electric Cooperative Rates, Bills and Service Area

Average rate and bill, service area, reliability and rate options for this utility, taken from its 2025 filing with the EIA.

Reviewed Data: EIA Form EIA-861, released October 7, 2026

Independent profile. Kilowatt Atlas is not affiliated with BENCO Electric Cooperative, does not use its logo or branding and cannot take payments, start service or look up accounts. Figures come from public federal data for 2025.

Residential customers

19 thousand

18,500 homes

Average price

16.14 cents

Minnesota average 15.83

Average bill

$157.87

Per month at 978 kWh

Price rank

21 of 32

Lowest to highest in Minnesota

BENCO Electric Cooperative rates and average bill

BENCO Electric Cooperative reported 18,500 residential customers on bundled service in 2025, using 978 kWh a month on average at 16.14 cents per kWh. Bundled means the utility supplies the energy and delivers it, so the price covers both. Among the 32 Minnesota utilities with at least 10,000 bundled residential customers, BENCO Electric Cooperative ranks 21 from the lowest price.

BENCO Electric Cooperative compared with Minnesota and the United States
AverageCents per kWhkWh per monthMonthly bill
BENCO Electric Cooperative16.14978$157.87
Minnesota (all utilities)15.83744$117.67
United States17.23874$150.68

Source: U.S. Energy Information Administration, Form EIA-861 (final 2025 data), sales to ultimate customers. Price is revenue divided by sales and includes fixed charges.

Service area

EIA lists the counties where BENCO Electric Cooperative has distribution equipment. That covers 5 counties in Minnesota. A county can be served by more than one utility, so confirm your address with the utility or your bill.

Minnesota (5 counties)

Blue Earth, Faribault, Le Sueur, Nicollet, Sibley

Not sure who serves your address? Use find my electric company.

Reliability

For 2025, BENCO Electric Cooperative reported an average of 69 minutes without power per customer and 0.87 interruptions per customer, with major event days left out. The typical interruption lasted about 79 minutes. For comparison, the median state averaged 127 minutes of outage per customer.

BENCO Electric Cooperative had about 58 fewer minutes of outage per customer than the median state. The Minnesota figure across its utilities was 93 minutes. One interruption lasting 79 minutes and 0.87 interruptions a year per customer add up to the 69 minute total.

Source: U.S. Energy Information Administration, Form EIA-861 (final 2025 data), reliability schedule, measured under other standard. Utilities define events slightly differently, so compare with care.

Rate options and rooftop solar

  • Time-of-use pricing. BENCO Electric Cooperative reports a residential time-of-use pricing program in its 2025 EIA filing, with about 59 residential customers enrolled in dynamic pricing programs of all kinds. Ask the utility which rate schedules you qualify for. How time-of-use rates work.
  • Rooftop solar and net metering. EIA shows 181 residential net-metered systems on the BENCO Electric Cooperative grid in 2025, with 3.2 megawatts of capacity. How net metering works.

Who owns and regulates it

Owned by the members it serves. An elected board sets the rates, and members may receive capital credits when the co-op has margins to return.

For questions about state consumer protections, see the Minnesota Public Utilities Commission.

BENCO Electric Cooperative is an electric cooperative based in Minnesota.

BENCO Electric Cooperative operates in the MISO power market. Power markets set wholesale costs, but your retail rate is set by the rules described above.

BENCO Electric Cooperative compared with Minnesota

Minnesota has 43 utilities with residential customers in the 2025 EIA data. BENCO Electric Cooperative is 19th by size and serves about 0.71% of the state's homes. Among 23 other cooperatives in Minnesota, the median price is 14.75 cents per kWh, so BENCO Electric Cooperative at 16.14 cents is 1.39 cents above its peers. Over a year, the typical BENCO Electric Cooperative bill runs about $482 above the state average, with monthly use 234 kWh higher. BENCO Electric Cooperative lists distribution equipment in 5 counties, so check your county and your bill before you assume it serves you. 181 of its residential customers use net metering, or 9.8 per 1,000 homes, against 11.3 for Minnesota as a whole.

Source: U.S. Energy Information Administration, Form EIA-861 (final 2025 data). Peers are other utilities of the same type in Minnesota with at least 1,000 residential customers and a reported price.

Other Minnesota utilities

Utilities in Minnesota close in size to BENCO Electric Cooperative
UtilityTypeHomesCents per kWh
BENCO Electric CooperativeCooperative18,50016.14
Shakopee Public Utilities CommissionMunicipal18,97015.91
City of MoorheadMunicipal18,55611.52
Freeborn Mower Electric CooperativeCooperative17,67015.27
Mille Lacs Energy CooperativeCooperative14,60317.50
Runestone Electric AssociationCooperative14,34914.75

See every one on the electric companies in Minnesota page.

Official site and where to get help

Kilowatt Atlas is not BENCO Electric Cooperative and does not take payments, start service or manage accounts. To pay a bill, report an outage or start service, use the website, app or phone number printed on your bill. Be careful with search ads and lookalike sites that offer to pay your bill for a fee.

BENCO Electric Cooperative questions

What is the average residential electric rate for BENCO Electric Cooperative?

BENCO Electric Cooperative residential customers on bundled service paid an average of 16.14 cents per kWh in 2025, with average use of 978 kWh a month and an average bill of $157.87 (EIA Form EIA-861). The Minnesota average was 15.83 cents.

How many customers does BENCO Electric Cooperative have?

EIA reports about 18,500 residential customers for BENCO Electric Cooperative in 2025.

Who regulates BENCO Electric Cooperative?

Owned by the members it serves. An elected board sets the rates, and members may receive capital credits when the co-op has margins to return. See the regulator for Minnesota on the Minnesota state page.

How reliable is BENCO Electric Cooperative?

For 2025, BENCO Electric Cooperative reported an average of 69 minutes of outage per customer and 0.87 interruptions per customer, excluding major event days (other standard). Utilities measure outages in slightly different ways, so compare with care.

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