Electricity Rate
16.10¢/kWh
0.85¢ below the Minnesota average
Natural Gas Rate
$1.01/therm
per therm
Avg Electric Bill
$101
per month
Avg Gas Bill
$102
per month
Gas & Electricity in New Hope, Minnesota
New Hope residents in Minnesota receive electric service through Xcel Energy (Northern States Power) and natural gas distribution from CenterPoint Energy Minnesota. Minnesota's energy assistance programs, including LIHEAP and weatherization, are available to income-qualified New Hope households.
Compared to the Minnesota state average of 16.95¢/kWh/kWh, New Hope's electricity rate of 16.10¢/kWh is 0.85¢ below the Minnesota average. As Minnesota has a regulated market, your utility is determined by your address.
Electric Utility in New Hope
- Xcel Energy (Northern States Power)
- Minnesota Power (ALLETE)
- Otter Tail Power
- Great Plains Energy
Natural Gas Utility in New Hope
- CenterPoint Energy Minnesota
- Xcel Energy Gas
- Great Plains Natural Gas
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New Hope vs Minnesota Energy Rates
| Metric | New Hope | Minnesota Average | US Average |
|---|---|---|---|
| Electric Rate (¢/kWh) | 16.10¢ | 16.95¢ | 16.00¢ |
| Gas Rate ($/therm) | $1.01 | $1.00 | $1.47 |
| Monthly Electric Bill | $101 | $106 | $117 |
| Monthly Gas Bill | $102 | $101 | $73 |
Energy Assistance Programs for New Hope Residents
As a Minnesota city, New Hope residents can access the following state and local assistance programs:
- Minnesota Energy Assistance Program (EAP)
- Conservation Applied to Residential Housing (CARH)
- Weatherization Assistance
- CenterPoint Energy Rebates
Energy-Saving Tips for New Hope Residents
- Ensure attic insulation is at least R-49 — Michigan and Wisconsin winters demand maximum insulation.
- Install a high-efficiency furnace (95%+ AFUE) if your system is over 15 years old.
- Insulate your basement ceiling and rim joists — a major source of heat loss.
- Apply weatherstripping and caulk around all windows and doors before winter.
- Use a programmable thermostat to automatically lower heat overnight.
FAQ — Gas & Electricity in New Hope, Minnesota
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The average residential electricity rate in New Hope is approximately 16.10¢/kWh per kWh. The average household pays around $101 per month for electricity.
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Natural gas customers in New Hope pay an average of $102 per month. The rate is approximately $1.01/therm per therm.
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Electricity in New Hope is distributed by Xcel Energy (Northern States Power) and Minnesota Power (ALLETE). Contact your provider at your local service address to confirm which utility serves your home.
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New Hope natural gas service is provided by CenterPoint Energy Minnesota and Xcel Energy Gas. Call them directly for new service connections or to report a gas leak.
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New Hope's electricity rate of 16.10¢/kWh is below the Minnesota state average of 16.95¢/kWh. This can reflect a municipal utility or favorable regional generation mix.
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To start electric service in New Hope, contact Xcel Energy (Northern States Power) and Minnesota Power (ALLETE). For gas service, contact CenterPoint Energy Minnesota and Xcel Energy Gas. You'll typically need a photo ID, your new address, and a move-in date. Service can usually be established within 1-3 business days.