Northern States Power Co - Minnesota Electricity Rates and Average Bill (Minnesota)
Data through May 2026 (the latest month EIA has published) · Updated August 14, 2026
As of May 2026, Northern States Power Co - Minnesota's residential customers in Minnesota paid an average effective rate of 17.59¢/kWh with an average monthly bill of $94.88, per EIA Form 861-M data. That rate is 0.6¢ above the Minnesota average of 16.95¢/kWh; the U.S. average is 18.44¢/kWh.
Rate trend vs the Minnesota average
View this chart as a table (last 12 months)
| Month | Rate (¢/kWh) | Avg bill ($/mo) | Avg usage (kWh/mo) |
|---|---|---|---|
| June 2025 | 18.52 | 118.42 | 639 |
| July 2025 | 18.38 | 164.23 | 893 |
| August 2025 | 18.45 | 138.78 | 752 |
| September 2025 | 18.33 | 105.30 | 574 |
| October 2025 | 17.02 | 94.23 | 554 |
| November 2025 | 16.26 | 84.28 | 518 |
| December 2025 | 15.73 | 105.39 | 670 |
| January 2026 | 15.74 | 105.75 | 672 |
| February 2026 | 16.05 | 88.17 | 549 |
| March 2026 | 14.39 | 78.35 | 544 |
| April 2026 | 17.43 | 83.03 | 476 |
| May 2026 | 17.59 | 94.88 | 539 |
Northern States Power Co - Minnesota vs Minnesota vs the U.S.
| Northern States Power Co - Minnesota | Minnesota | U.S. average | |
|---|---|---|---|
| Rate (May 2026) | 17.59¢/kWh | 16.95¢/kWh | 18.44¢/kWh |
| Average monthly bill | $94.88 | $106.13 | $135.70 |
| Average monthly usage | 539 kWh | 626 kWh | 736 kWh |
| Rate change, 1 year | +9.9% | +7.0% | +6.2% |
Estimate a bill at Northern States Power Co - Minnesota rates
Worked example: 1,000 kWh at Northern States Power Co - Minnesota's average effective rate of 17.59¢/kWh is about $175.90. The utility's actual average usage is 539 kWh/month, which produces the $94.88 average bill. This is an all-in average (energy, delivery, fixed charges, riders); your tariff's marginal price will differ.
See the full Minnesota rate trend, look up another utility by ZIP code, or read why electric bills are rising.
Source: EIA Form 861-M (monthly utility-level sales to ultimate customers, residential), published with roughly a two-month lag. Rate = revenue ÷ sales; bill = revenue ÷ customers. Months failing basic sanity screens are excluded. See methodology.