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ElectricityRatePerKWh

Electricity Rate in Minnesota (2026): 17.52c/kWh Average

The EIA residential electricity price in Minnesota is 17.52 cents per kWh as of June 2026, 0.82c below the US average of 18.34c/kWh. The Minnesota commercial rate is 13.68c/kWh and the industrial rate is 10.23c/kWh (EIA Electric Power Monthly, Table 5.6.A).

Residential Rate
17.52ยข
per kWh
vs US Avg
-4%
0.82c below
Avg Monthly Bill
$117
738 kWh
Provider Choice
No
Regulated monopoly

Minnesota Electricity Rate: What You Need to Know

Minnesota electricity averages 17.52 cents per kWh for residential customers as of June 2026, according to the EIA Electric Power Monthly. This is 0.82c below the US average of 18.34c/kWh. The average monthly bill for Minnesota households is $117 based on typical usage of 738 kWh.

Minnesota's 17.52c/kWh rate (June 2026) is below the US average of 18.34c and has been climbing under a multi-year rate plan. Xcel Energy (Northern States Power) is the largest utility, serving the Minneapolis-St. Paul metro and much of the state; Minnesota Power serves the Duluth area and Iron Range, Great River Energy wholesales to rural cooperatives, and Otter Tail Power serves the west. Minnesota is a regulated market with no residential retail choice, overseen by the Minnesota Public Utilities Commission. In November 2024 Xcel filed a two-year request to raise rates $353 million (9.6%) in 2025 and a further $138 million (3.6%) in 2026 - about $490 million (13.2%) combined - with interim rates already in effect and a final decision expected in summer 2026. Minnesota's grid is unusually clean for the Midwest: Xcel's Monticello and Prairie Island nuclear plants supply around a quarter of the state's electricity (the company plans to seek 20-year federal license extensions for both), and wind supplies roughly a third, anchored by the 10,000 MW of wind capacity Xcel operates across the upper Midwest.

Generation mix: Wind 35%, natural gas 30%, nuclear 25%, coal 10%. The fuel mix is a primary driver of electricity rates - states with abundant hydro or nuclear tend to have lower rates, while states dependent on imported petroleum (Hawaii) or natural gas pay more.

Year-over-year change: Minnesota rates rose 2.3% year-over-year as of June 2026. This compares to the US average increase of 5% over the same period.

Regulated: You Cannot Switch Electricity Suppliers

Xcel Energy MN / Great Plains Energy operates as the regulated utility in Minnesota. Retail electricity choice is not available for residential customers. Options for reducing your bill include: time-of-use rate optimization, energy efficiency upgrades, and rooftop solar.

Your Minnesota Electricity Bill Components

Energy charge (738 kWh x 17.52c)$129.30
Fixed customer charge (estimated)~$10.00
Estimated monthly total$139.30
Minnesota Rate by Sector - June 2026
Residential (US 18.34c)17.52c
Commercial (US 14.19c)13.68c
Industrial (US 9.17c)10.23c
Source: EIA Electric Power Monthly, Table 5.6.A.
Dominant Utility
Xcel Energy MN / Great Plains Energy
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Electric Utilities in Minnesota: 171 Listed (2024 EIA-861)

EIA's Form 861 census records 171 entities with 2024 retail electricity sales in Minnesota: 47 distribution utilities filing the full form, 124 small utilities filing the short form (EIA-861S). By ownership: 120 municipal, 46 cooperative, 4 investor owned, 1 federal. The state-wide average realised residential price in 2024 was 15.45 cents per kWh across 2,581,180 residential customers and 22,062,758 MWh of sales; EIA's latest monthly figure is 17.52c (June 2026). The largest utility by residential accounts served (bundled plus delivery-only) is Northern States Power Co - Minnesota with 1,230,057 (16.98c per kWh, 39.3% of state residential sales by MWh). 46 of the 47 distribution utilities have a detail page; the rest are listed here only.

Distribution utilities (47), ranked by residential accounts served (bundled + delivery-only), 2024; residential price = bundled service where offered
#UtilityOwnershipRes. accountsResidentialCommercialCounties
1Northern States Power Co - Minnesotaalso SD, NDInvestor Owned1,230,05716.98c12.85c52
2Connexus EnergyCooperative134,09513.66c10.60c8
3ALLETE, Inc.Investor Owned125,89615.66c14.49c17
4Dakota Electric AssociationCooperative108,09714.00c9.83c4
5East Central Energyalso WICooperative55,25016.89c12.38c10
6Rochester Public UtilitiesMunicipal54,94317.91c13.56c1
7Wright-Hennepin Coop Elec AssnCooperative53,71414.59c11.56c7
8Otter Tail Power Coalso ND, SDInvestor Owned50,11811.33c9.31c30
9Lake Country PowerCooperative47,20417.90c15.33c8
10Crow Wing Cooperative Power & Light CompCooperative44,69813.33c11.50c4
11Minnesota Valley Electric CoopCooperative43,41213.98c10.54c9
12Lake Region Electric Cooperative (MN)Cooperative27,23913.28c10.47c8
13Stearns Cooperative Elec AssnCooperative26,13813.88c11.74c6
14People's Cooperative ServicesCooperative21,66516.70c13.94c6
15Beltrami Electric Coop, IncCooperative20,73214.40c8.35c6
16Shakopee Public Utilities CommMunicipal18,51715.54c13.20c1
17BENCO Electric CooperativeCooperative18,36115.03c12.75c5
18City of Moorhead (MN)Municipal18,18011.38c12.10c1
19Freeborn Mower Electric Cooperativealso IACooperative17,84215.15c12.13c7
20MiEnergy Cooperativealso IACooperative15,22416.56c12.13c5
21Mille Lacs Energy CooperativeCooperative14,54617.58c12.96c3
22Runestone Electric AssnCooperative14,28214.36c13.20c7
23Wild Rice Electric Coop, IncCooperative13,94814.35c11.53c5
24City of Elk RiverMunicipal11,77615.83c15.25c3
25City of AnokaMunicipal11,64615.88c11.88c2
26City of Owatonna (MN)Municipal11,43415.27c12.78c1
27Itasca-Mantrap Co-op Electrical AssnCooperative11,20013.44c12.68c5
28City of Chaska (MN)Municipal10,95416.28c12.85c1
29City of Austin (MN)Municipal10,79515.34c12.29c1
30Steele-Waseca Cooperative ElectricCooperative10,72515.63c13.47c9
31City of Alexandria (MN)Municipal8,75811.57c11.86c1
32Willmar Municipal UtilitiesMunicipal8,66212.21c11.03c1
33Meeker Coop Light & Power AssnCooperative8,57214.09c12.05c6
34Brainerd Public UtilitiesMunicipal6,95612.15c7.55c1
35Hutchinson Utilities CommMunicipal6,65311.09c9.50c1
36City of Marshall (MN)Municipal5,8579.70c8.39c1
37Federated Rural Electric Assnalso IACooperative5,72711.64c11.00c7
38Minnesota Valley Coop L&P AssnCooperative4,93112.22c12.11c8
39South Central Electric AssnCooperative4,66515.20c13.28c8
40City of Worthington (MN)Municipal4,66212.08c9.96c1
41Agralite Electric CoopCooperative4,33313.94c9.09c6
42Sioux Valley SW Elec Coopalso SDCooperative3,37012.61c16.33c5
43Glencoe Light & Power CommMunicipal2,58511.17c4.20c1
44City of Lake Crystal (MN)Municipal1,07020.97c17.77c1
45Northwestern Wisconsin Elec Coalso WIInvestor Owned8814.45c15.09c1
46Heartland Power Coopalso IACooperative3812.14cn/a3
47WAPA-- Western Area Power Administrationalso CA, AZ, CO, KS, MT, ND, NE, NM, NV, SD, UT, WYFederal0n/a2.74c10
Small utilities filing the EIA-861S short form (124): totals across all sectors, no residential split+
UtilityOwnershipCustomers (all)Avg price (all)Counties
Todd-Wadena Electric CoopCooperative9,31312.49c8
Kandiyohi Power CoopCooperative9,04914.24c4
Hibbing Public Utilities CommMunicipal8,33115.05c1
City of Detroit Lakes (MN)Municipal8,14010.56c1
Grand Rapids Public Util CommMunicipal7,61011.67c1
New Ulm Public Utilities CommMunicipal7,42413.91c1
McLeod Cooperative Power AssnCooperative7,06412.95c7
Nobles Cooperative ElectricCooperative7,05811.75c9
North Star Electric Coop, IncCooperative6,95715.19c4
City of Buffalo (MN)Municipal6,92015.52c1
Roseau Electric Coop, IncCooperative6,72213.39c4
City of North St Paul (MN)Municipal6,69715.62c2
Cooperative L&P Assn Lake CountyCooperative6,51515.53c2
Fairmont Public Utilities CommMunicipal5,87411.86c1
Red Lake Electric Coop, IncCooperative5,81113.61c6
North Itasca Electric Coop IncCooperative5,63819.28c3
Goodhue County Coop Elec AssnCooperative5,27414.51c6
City of Thief River FallsMunicipal5,27310.08c1
City of Virginia (MN)Municipal4,98213.54c1
Red River Valley Coop Pwr AssnCooperative4,85312.04c3
City of Saint PeterMunicipal4,66413.29c2
Arrowhead Electric Coop, IncCooperative4,58216.15c2
Clearwater-Polk Elec Coop IncCooperative4,57215.20c6
Brown County Rural Elec AssnCooperative4,56612.64c8
City of East Grand Forks (MN)Municipal4,49410.07c1
Redwood Electric CoopCooperative4,48112.16c5
City of Waseca (MN)Municipal4,21112.67c1
P K M Electric Coop, IncCooperative4,06313.62c3
Lyon Electric Cooperative, Inc.Cooperative3,95612.02c5
New Prague Utilities CommMunicipal3,74510.40c2
Delano Municipal UtilitiesMunicipal3,41711.76c1
City of Lake City (MN)Municipal3,36110.35c2
Litchfield Public UtilitiesMunicipal3,2888.56c1
Redwood Falls Public Util CommMunicipal2,88611.84c1
Princeton Public Utils CommMunicipal2,84512.78c2
City of KassonMunicipal2,83512.32c1
City of WindomMunicipal2,56410.63c1
City of Wadena (MN)Municipal2,5178.20c2
City of Sauk Centre (MN)Municipal2,44010.69c1
City of Luverne (MN)Municipal2,34810.76c1
City of Le Sueur (MN)Municipal2,3389.35c2
City of St James (MN)Municipal2,25510.05c1
Traverse Electric Coop, IncCooperative2,21310.30c5
City of Ely (MN)Municipal2,1179.15c1
City of Two Harbors- (MN)Municipal2,04015.03c1
Aitkin Public Utilities CommMunicipal2,00613.00c1
Blue Earth Light & WaterMunicipal1,98111.51c1
City of Jackson (MN)Municipal1,97112.66c1
City of Mora (MN)Municipal1,94710.10c1
Melrose Public UtilitiesMunicipal1,9278.10c1
City of St Charles (MN)Municipal1,89415.54c1
Sleepy Eye Public Utility CommMunicipal1,88410.84c1
Renville-Sibley Coop Pwr AssnCooperative1,8818.98c6
City of Benson (MN)Municipal1,8399.44c1
City of Breckenridge- (MN)Municipal1,80310.15c1
City of Caledonia (MN)Municipal1,68013.47c1
City of Granite Falls (MN)Municipal1,56714.36c2
City of Barnesville (MN)Municipal1,55011.13c1
City of Roseau (MN)Municipal1,49911.42c1
Proctor Public Utilities CommMunicipal1,45311.67c1
City of Staples- (MN)Municipal1,43012.31c1
City of Madelia (MN)Municipal1,42114.99c1
City of Wells (MN)Municipal1,38213.89c1
Spring Valley Pub Utils CommMunicipal1,35917.00c1
City of Ortonville (MN)Municipal1,34010.46c1
City of Olivia (MN)Municipal1,31012.50c1
City of Grand Marais (MN)Municipal1,30911.84c1
City of Mountain Iron (MN)Municipal1,24910.60c1
Springfield Public Utils Comm (MN)Municipal1,24014.33c1
City of Janesville (MN)Municipal1,20812.70c1
Hawley Public Utilities CommMunicipal1,20113.11c1
City of Ada (MN)Municipal1,19710.62c1
City of WarroadMunicipal1,1519.28c1
City of Arlington (MN)Municipal1,14313.79c1
Kenyon Municipal UtilitiesMunicipal1,09412.71c1
City of Mountain Lake (MN)Municipal1,06511.43c1
City of Blooming Prairie (MN)Municipal1,04315.31c2
City of Lakefield (MN)Municipal1,01110.41c1
City of Warren (MN)Municipal1,0028.33c1
City of Madison (MN)Municipal9939.86c1
City of GilbertMunicipal96910.21c1
Moose Lake Water & Light CommMunicipal92613.53c1
City of Rushford (MN)Municipal91013.14c1
Preston Public Utilities CommMunicipal88914.30c1
City of Fosston (MN)Municipal86912.11c1
City of Spring GroveMunicipal82214.92c1
City of Pierz (MN)Municipal81810.91c1
City of Winthrop (MN)Municipal79213.02c1
Bagley Public Utilities CommMunicipal78711.38c1
City of Baudette (MN)Municipal77512.84c1
City of Fairfax (MN)Municipal7229.96c1
City of Tyler (MN)Municipal72211.40c1
City of Elbow Lake (MN)Municipal72011.70c1
Adrian Public Utilities CommMunicipal69713.01c1
City of Harmony (MN)Municipal68810.89c1
Truman Public Utilities CommMunicipal67522.04c1
Lanesboro Public Utility CommMunicipal6289.57c1
City of Lake Park (MN)Municipal61211.56c1
City of Biwabik (MN)Municipal61111.87c1
City of Nashwauk (MN)Municipal56011.73c1
City of Henning (MN)Municipal5488.70c1
City of Buhl (MN)Municipal53810.41c1
Keewatin Public UtilitiesMunicipal52812.50c1
City of WestbrookMunicipal50612.28c1
City of Mabel (MN)Municipal46511.64c1
City of Brownton (MN)Municipal43910.20c1
City of Grove CityMunicipal42413.61c1
City of Kasota (MN)Municipal38111.15c1
City of Randall (MN)Municipal34912.00c1
City of Halstad (MN)Municipal32013.25c1
City of Round Lake (MN)Municipal27613.50c1
City of Brewster (MN)Municipal26813.86c1
City of Newfolden (MN)Municipal24013.41c1
City of Ceylon (MN)Municipal2379.43c1
City of Rushmore (MN)Municipal22012.33c1
City of Alvarado (MN)Municipal18912.60c1
City of Eitzen (MN)Municipal16411.96c1
City of Peterson (MN)Municipal14812.26c1
City of Shelly (MN)Municipal13611.90c1
City of Alpha (MN)Municipal7014.39c1
City of Whalan (MN)Municipal5812.39c1
City of Nielsville (MN)Municipal4813.88c1
H-D Electric Coop IncCooperative1112.74c2
City of Stephen (MN)Municipal0n/a1
Source and method

Source: U.S. Energy Information Administration, Form EIA-861 Annual, 2024 final data (public domain), retrieved 28 August 2026; prices are average realised revenue per kWh, not tariffs. Final 2024 file f8612024.zip (released 3 December 2025) from the EIA-861 detailed data files. Preliminary 2025 figures come from the early-release file f8612025er.zip (4 August 2026), which EIA has not yet validated; they are labelled as such wherever shown and never mixed into a final figure.

Minnesota Electricity: Frequently Asked Questions

What is the electricity rate in Minnesota in 2026?+
The average residential electricity rate in Minnesota is 17.52 cents per kWh as of June 2026, according to the EIA Electric Power Monthly. This is 0.82c below the US average of 18.34c/kWh (-4%). The average monthly electricity bill in Minnesota is approximately $117 based on 738 kWh typical monthly usage.
What is the commercial electricity rate in Minnesota?+
The average commercial electricity rate in Minnesota is 13.68 cents per kWh as of June 2026, according to the EIA Electric Power Monthly (Table 5.6.A). That compares with the US commercial average of 14.19c/kWh. Commercial rates apply to businesses, offices, schools, and retail. They are usually lower per kWh than residential rates, but a commercial bill can still be much larger because of higher volume and demand charges.
What is the industrial electricity rate in Minnesota?+
The average industrial electricity rate in Minnesota is 10.23 cents per kWh as of June 2026, according to the EIA Electric Power Monthly (Table 5.6.A), versus a US industrial average of 9.17c/kWh. Industrial customers such as factories, manufacturers, and large facilities pay the lowest per-kWh price of the three EIA sectors because they buy power at high volume, often at higher voltage, under demand-based rate structures.
Can I switch electricity providers in Minnesota?+
No - Minnesota operates a regulated electricity market. Xcel Energy MN / Great Plains Energy serves as the regulated monopoly utility. Customers cannot switch electricity generation suppliers. Options for reducing bills include time-of-use rate optimization (where available), energy efficiency upgrades, and solar installation.
What is the average monthly electricity bill in Minnesota?+
The average Minnesota household uses approximately 738 kWh per month. At 17.52c/kWh plus approximately $10 in fixed charges, the average monthly bill is $117. This varies by season (higher in summer for cooling-dominant states like Florida, higher in winter for heating-dominant states).
What is the primary electricity source in Minnesota?+
Minnesota's generation mix is primarily Wind 35%, natural gas 30%, nuclear 25%, coal 10%. This fuel mix is a key factor in the state's electricity rate - states relying on hydro or nuclear typically have lower rates, while states heavily dependent on natural gas or petroleum (like Hawaii) face higher costs.
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