Typical customer: Close call

Mille Lacs Energy Cooperative and solar

Mille Lacs Energy Cooperative is an electric cooperative serving about 14,603 homes in Minnesota. Here's what its rates and export rules mean for solar: for a typical customer, solar is a close call.

Average price (2026 est.)
17.9¢11% above Minnesota average
Typical bill
$133743 kWh a month
Exports credited
RetailFull retail net metering
Typical payback
15.3 yrs6 kW, cash

Export rules for Mille Lacs Energy Cooperative customers

Full retail net metering (Minnesota rule).

Minnesota requires utilities to net meter systems under 40 kW; monthly excess is paid or credited at the 'average retail utility energy rate', which is close to retail (excludes fixed charges). This applies to IOUs, co-ops and munis, although co-ops/munis may add a monthly DG fee.

Minnesota net metering details

Solar for a typical Mille Lacs Energy Cooperative home

System6 kW (90% of 743 kWh/month)
Cost$23,000
First-year savings$1,434
Payback15.3 years
25-year net$18,990

Uses the utility's average price.

Solar adoption

Homes with solar (2025)
65
Share of customers
0.5%
Residential solar capacity
1 MW
Residential customers
14,603

EIA-861, 2025.

Questions about Mille Lacs Energy Cooperative and solar

Does Mille Lacs Energy Cooperative have net metering?

Mille Lacs Energy Cooperative follows Minnesota's rules: Minnesota requires utilities to net meter systems under 40 kW; monthly excess is paid or credited at the 'average retail utility energy rate', which is close to retail (excludes fixed charges). This applies to IOUs, co-ops and munis, although co-ops/munis may add a monthly DG fee.

How much does electricity cost with Mille Lacs Energy Cooperative?

Residential customers paid an average of 17.5¢ per kWh in 2025 (EIA), about 17.9¢ adjusted to 2026. The typical home uses 743 kWh a month, a bill of about $133.

Is solar worth it with Mille Lacs Energy Cooperative?

For a typical customer, solar is a close call: a 6 kW system costing about $23,000 pays back in about 15.3 years, with $18,990 net over 25 years.

How many Mille Lacs Energy Cooperative customers have solar?

About 65 homes had net-metered solar at the end of 2025, roughly 0.5% of residential customers (EIA-861).

Legal name: Mille Lacs Energy Cooperative (EIA ID 12546). Data: EIA-861 2025 and monthly data through 2026, state policy research October 2026.