⚡ US Energy Price Monitorby KadoaUpdated weekly

Xcel Energy (Northern States Power Minnesota) electricity rates

What homes pay Xcel Energy (Northern States Power Minnesota) for electricity, from EIA.

Investor-owned utility, 95,356 homes in South Dakota. EIA lists it as Northern States Power Co - Minnesota.

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Average price
14.8¢ a kWh
Up 6.5% on a year ago
Average bill
$115 a month
Up 8.2% on a year ago
Average use
776 kWh
A month. South Dakota 986 kWh
Price rank in South Dakota
4 of 8
1 is the most expensive

Over the 12 months to July 2026, Xcel Energy (Northern States Power Minnesota) homes paid 14.8¢ a kWh, against 14.2¢ across South Dakota.

Xcel Energy (Northern States Power Minnesota) vs South Dakota

Xcel Energy (Northern States Power Minnesota)South Dakota
Average price, 12 months to July 202614.8¢14.2¢
Price in July 202617.4¢15.4¢
Average monthly bill, 12 months$115$140
Bill in July 2026$202$176
Average monthly use776 kWh986 kWh
Price change, past year+6.5%+7.6%
Price change since 2019+23%+23%

Electricity price

Average residential price a kilowatt-hour, by month.

Up to and including July 2026

Source: EIA-861M monthly utility survey. Revenue over kilowatt-hours sold, including fixed charges.

Average monthly bill

What an average home pays a month.

Up to and including July 2026

Source: EIA-861M monthly utility survey.