Electricity rate details and in-depth statistics about ZIP Code 56118 in the state of Minnesota. View open electricity data and statistics about ZIP Code 56118 in Bingham Lake, MN in the U.S. View commercial, industrial and residential electricity rates in 56118 to those in Minnesota and also in the entire U.S. Additionally, compare both historical electricity usage in this Cottonwood County region.
View the charts and tables below for a snapshot of how electricity rates in ZIP Code 56118 (Bingham Lake, MN) compare to rates in Minnesota and to the U.S. overall.
The average residential electricity rate in ZIP Code 56118 of 12.98¢/kWh is lower than the average residential rate in the state of Minnesota overall.
ZIP Code 56118 vs. Minnesota
Minnesota's average residential electricity rate of 15.08¢/kWh is approximately 16% higher than the 12.98¢/kWh 56118 average rate.
ZIP Code 56118 vs. the U.S.
Additionally, the average residential electricity rate of 18.83¢/kWh in the U.S. overall is an estimated 45% higher than the average residential rate in 56118.
See the table below for a comparison of residential, commercial, and industrial electricity rates in ZIP Code 56118, Minnesota, and also in the U.S. as a whole.
| Region | Residential | Commercial | Industrial |
|---|---|---|---|
| ZIP Code 56118 | 12.98¢/kWh | 10.64¢/kWh | 5.51¢/kWh |
| Minnesota | 15.08¢/kWh | 11.18¢/kWh | 9.29¢/kWh |
| United States | 18.83¢/kWh | 13.92¢/kWh | 8.58¢/kWh |
View the charts and tables below for electricity usage estimates and comparisons for ZIP Code 56118. See how this Cottonwood County region compares to other regions in Minnesota.
This chart visualized the estimated monthly electricity usage rates in ZIP Code 56118 versus the average electricity usage a ZIP Code in Minnesota.
MkWh: Million Kilowatt-hours| Month | ZIP Code 56118 | Average MN ZIP | Minnesota |
|---|---|---|---|
| Apr 2025 | 0.11 MkWh | 1.66 MkWh | 1590 MkWh |
| May 2025 | 0.12 MkWh | 1.68 MkWh | 1611 MkWh |
| Jun 2025 | 0.13 MkWh | 1.92 MkWh | 1847 MkWh |
| Jul 2025 | 0.17 MkWh | 2.51 MkWh | 2411 MkWh |
| Aug 2025 | 0.15 MkWh | 2.23 MkWh | 2138 MkWh |
| Sep 2025 | 0.13 MkWh | 1.81 MkWh | 1737 MkWh |
| Oct 2025 | 0.12 MkWh | 1.73 MkWh | 1658 MkWh |
| Nov 2025 | 0.12 MkWh | 1.74 MkWh | 1675 MkWh |
| Dec 2025 | 0.16 MkWh | 2.33 MkWh | 2241 MkWh |
| Jan 2026 | 0.17 MkWh | 2.44 MkWh | 2342 MkWh |
| Feb 2026 | 0.14 MkWh | 2.07 MkWh | 1983 MkWh |
| Mar 2026 | 0.14 MkWh | 1.98 MkWh | 1900 MkWh |
The ZIP Code of 56118 is connected to Bingham Lake, MN in Cottonwood County. This Minnesota region currently has an approximate population of 416 residents and an estimated 161 total housing units contributing to overall electricity usage statistics in this locality.
* Local 56118 electricity data referenced here (rates and usage) obtained from loquol.
