Minnesota Electricity Rates and Average Bill
Data through July 2026 (the latest month EIA has published) · Updated October 13, 2026
As of July 2026, the average residential electricity rate in Minnesota is 17.45¢/kWh (the 21st-highest in the U.S.) and the average monthly bill is $169.45, per EIA data. That rate is 0.9¢ below the U.S. average of 18.31¢/kWh.
Rate trend, last three years
View this chart as a table (last 12 months)
| Month | Rate (¢/kWh) | Avg bill ($/mo) | Avg usage (kWh/mo) |
|---|---|---|---|
| August 2025 | 16.91 | 137.93 | 815 |
| September 2025 | 17.10 | 113.19 | 662 |
| October 2025 | 16.37 | 103.20 | 631 |
| November 2025 | 15.67 | 100.12 | 639 |
| December 2025 | 14.96 | 127.44 | 852 |
| January 2026 | 14.98 | 133.46 | 891 |
| February 2026 | 15.39 | 115.94 | 753 |
| March 2026 | 15.08 | 108.71 | 721 |
| April 2026 | 16.39 | 103.18 | 629 |
| May 2026 | 16.95 | 106.13 | 626 |
| June 2026 | 17.52 | 124.46 | 711 |
| July 2026 | 17.45 | 169.45 | 971 |
Minnesota vs the U.S. average
| Minnesota | U.S. average | |
|---|---|---|
| Rate (July 2026) | 17.45¢/kWh | 18.31¢/kWh |
| Average monthly bill | $169.45 | $212.44 |
| Average monthly usage | 971 kWh | 1160 kWh |
| Rate change, 1 year | +3.1% | +4.9% |
| Rate change, 5 years | +24.1% | +32.4% |
Minnesota's average residential rate of 17.45¢/kWh for July 2026 ranks 31st of 51 (1 = lowest). Over the past year the rate moved +3.1% (Minnesota) versus +4.9% nationally; over five years, +24.1% versus +32.4% nationally. Average usage of 971 kWh/month compares with 1160 kWh nationally, which is why the bill and rate ranks can differ. For how Minnesota's recent increase ranks against every other state (12-month, 3-year and 5-year changes), see electricity rate increases by state.
Largest utilities in Minnesota
Average effective rates and bills for Minnesota's largest utilities, from EIA Form 861-M (July 2026). Or find yours by ZIP code.
| Utility | Rate (¢/kWh) | Avg bill ($/mo) | Avg usage (kWh/mo) | Residential customers |
|---|---|---|---|---|
| Northern States Power Co - Minnesota | 18.50 | 177.04 | 957 | 1,254,820 |
| Connexus Energy | 15.47 | 193.74 | 1,252 | 137,649 |
| ALLETE, Inc. | 17.24 | 137.06 | 795 | 127,437 |
| Dakota Electric Association | 15.66 | 183.43 | 1,172 | 110,081 |
| Rochester Public Utilities | 20.11 | 178.03 | 885 | 56,097 |
| East Central Energy | 17.98 | 173.17 | 963 | 56,008 |
| Wright-Hennepin Coop Elec Assn | 17.32 | 182.95 | 1,056 | 54,989 |
| Otter Tail Power Co | 14.31 | 135.10 | 944 | 50,889 |
Average bill = rate × average usage. Utilities with similar rates can show very different average bills because their customers' average usage differs (housing mix, heating fuel, climate).
Estimate a bill at Minnesota rates
Worked example: 1,000 kWh at Minnesota's average rate of 17.45¢/kWh is about $174.50. The state's actual average usage is 971 kWh/month, which is what produces the $169.45 average bill. These are average effective rates including all charges; your utility's tariff will differ.
Wondering what's behind rising rates nationally? See Why is my electric bill so high?, our data-led explainer on demand growth, data centers, and grid costs. Also: Minnesota gas prices and why they are what they are, and the cheapest way to heat a home by fuel and state.
Source: EIA retail sales data (residential sector, monthly), published with roughly a two-month lag. Rate = revenue ÷ sales; bill = revenue ÷ customers. We do not project unpublished months. See methodology.