⚡ US Energy Price Monitorby KadoaUpdated weekly

Electricity prices in Minnesota

What homes in Minnesota pay for electricity, from EIA.

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Headlines

Average price
16.2¢ a kWh
Up 4.1% on a year ago
Average bill
$120 a month
Up 5.0% on a year ago
Average use
742 kWh
A month. US 870 kWh
Price rank
24 of 51
1 is the most expensive

Over the 12 months to July 2026, Minnesota homes paid 16.2¢ a kWh, against a US average of 18.0¢.

Minnesota vs the US

MinnesotaUS
Average price, 12 months to July 202616.2¢18.0¢
Price in July 202617.4¢18.3¢
Average monthly bill, 12 months$120$156
Bill in July 2026$169$212
Average monthly use742 kWh870 kWh
Price change, past year+4.1%+6.6%
Price change since 2019+24%+38%

Electricity price

Average residential price a kilowatt-hour, by month.

Up to and including July 2026

Source: EIA Electric Power Monthly. Revenue over kilowatt-hours sold, including fixed charges.

Average monthly bill

What an average home pays a month. Bills peak in summer and winter.

Up to and including July 2026

Source: EIA Electric Power Monthly. EIA's own method for its average bill table.

Natural gas price

Average residential price a thousand cubic feet, by month. Summer prices are high because fixed charges are spread over little gas.

Up to and including June 2026

Source: EIA Natural Gas Monthly.

Utilities in Minnesota

Past 12 months, utilities with 10,000 homes or more. These utilities serve 70% of homes in Minnesota; smaller utilities serve the rest.

Xcel Energy (Northern States Power Minnesota)Investor-owned17.1¢+1.3%$1061,254,820
Connexus EnergyCooperative15.1¢+8.6%$123137,649
ALLETEInvestor-owned16.6¢+7.0%$113127,437
Dakota Electric AssociationCooperative15.9¢+6.3%$119110,081
Rochester Public UtilitiesMunicipal19.4¢+6.0%$11356,097
East Central EnergyCooperative17.9¢+3.6%$15556,008
Wright-Hennepin Cooperative Electric AssociationCooperative15.4¢+4.9%$14654,989
Otter Tail PowerInvestor-owned11.8¢+4.0%$10850,889

Heating fuels in Minnesota: heating oil, propane.