Minnesota Electricity Rates and Average Bill
Data through August 2026 (the latest month EIA has published) · Updated October 31, 2026
As of August 2026, the average residential electricity rate in Minnesota is 17.20¢/kWh (the 21st-highest in the U.S.) and the average monthly bill is $145.27, per EIA data. That rate is 1.0¢ below the U.S. average of 18.16¢/kWh.
Rate trend, last three years
View this chart as a table (last 12 months)
| Month | Rate (¢/kWh) | Avg bill ($/mo) | Avg usage (kWh/mo) |
|---|---|---|---|
| September 2025 | 17.07 | 113.32 | 664 |
| October 2025 | 16.34 | 103.33 | 632 |
| November 2025 | 15.65 | 100.24 | 641 |
| December 2025 | 14.94 | 127.64 | 854 |
| January 2026 | 14.96 | 133.28 | 891 |
| February 2026 | 15.37 | 115.80 | 753 |
| March 2026 | 15.69 | 113.11 | 721 |
| April 2026 | 16.39 | 103.18 | 629 |
| May 2026 | 16.95 | 106.14 | 626 |
| June 2026 | 17.52 | 124.46 | 711 |
| July 2026 | 17.45 | 169.45 | 971 |
| August 2026 | 17.20 | 145.27 | 844 |
Minnesota vs the U.S. average
| Minnesota | U.S. average | |
|---|---|---|
| Rate (August 2026) | 17.20¢/kWh | 18.16¢/kWh |
| Average monthly bill | $145.27 | $209.23 |
| Average monthly usage | 844 kWh | 1152 kWh |
| Rate change, 1 year | +1.8% | +3.4% |
| Rate change, 5 years | +22.8% | +30.5% |
Minnesota's average residential rate of 17.2¢/kWh for August 2026 ranks 31st of 51 (1 = lowest). Over the past year the rate moved +1.8% (Minnesota) versus +3.4% nationally; over five years, +22.8% versus +30.5% nationally. Average usage of 844 kWh/month compares with 1152 kWh nationally, which is why the bill and rate ranks can differ. For how Minnesota's recent increase ranks against every other state (12-month, 3-year and 5-year changes), see electricity rate increases by state.
Largest utilities in Minnesota
Average effective rates and bills for Minnesota's largest utilities, from EIA Form 861-M (August 2026). Or find yours by ZIP code.
| Utility | Rate (¢/kWh) | Avg bill ($/mo) | Avg usage (kWh/mo) | Residential customers |
|---|---|---|---|---|
| Northern States Power Co - Minnesota | 18.39 | 144.22 | 784 | 1,256,017 |
| Connexus Energy | 14.94 | 146.81 | 983 | 137,811 |
| ALLETE, Inc. | 16.87 | 109.20 | 647 | 127,596 |
| Dakota Electric Association | 14.62 | 140.10 | 958 | 110,333 |
| Rochester Public Utilities | 20.50 | 161.30 | 787 | 56,248 |
| East Central Energy | 17.97 | 173.42 | 965 | 56,075 |
| Wright-Hennepin Coop Elec Assn | 17.05 | 211.49 | 1,240 | 55,335 |
| Otter Tail Power Co | 14.06 | 122.93 | 875 | 50,854 |
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 17.20¢/kWh is about $172.00. The state's actual average usage is 844 kWh/month, which is what produces the $145.27 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.