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Minnesota Electricity Rates

Average price of electricity in Minnesota, July 2026, from the U.S. Energy Information Administration. Recent months are preliminary.

Residential
17.45¢/kWh
July 2026
Commercial
13.49¢/kWh
July 2026
Industrial
10.34¢/kWh
July 2026
Average home bill
$118/mo
2025, 743 kWh a month

Minnesota electricity prices, 5 years

Average cents per kilowatt-hour by month

ResidentialCommercialIndustrial
Show as a table
PeriodResidential
Jul 202617.45¢
Dec 202514.96¢
Dec 202414.10¢
Dec 202314.09¢
Dec 202213.15¢
Dec 202112.89¢

Residential price by month

Cents per kWh, homes, and change from the same month a year earlier

Swipe the table sideways to see more columns.

MonthPrice1 year changeCustomers
Jul 202617.45¢/kWh+3.1%2,645,042
Jun 202617.52¢/kWh+2.3%2,642,510
May 202616.95¢/kWh+7.0%2,637,112
Apr 202616.39¢/kWh+8.7%2,635,900
Mar 202615.08¢/kWh-0.1%2,635,864
Feb 202615.39¢/kWh+5.4%2,632,439
Jan 202614.98¢/kWh+3.2%2,629,589
Dec 202514.96¢/kWh+6.1%2,630,746
Nov 202515.67¢/kWh+4.4%2,622,091
Oct 202516.37¢/kWh+2.6%2,629,952
Sep 202517.10¢/kWh+4.0%2,624,168
Aug 202516.91¢/kWh+2.8%2,621,642
Jul 202516.92¢/kWh+2.5%2,618,531
Jun 202517.12¢/kWh+3.5%2,614,602
May 202515.84¢/kWh-0.1%2,612,642
Apr 202515.08¢/kWh-1.2%2,610,420
Mar 202515.10¢/kWh+1.5%2,608,732
Feb 202514.60¢/kWh+0.1%2,606,524
Jan 202514.51¢/kWh+1.9%2,606,048
Dec 202414.10¢/kWh+0.1%2,594,437
Nov 202415.01¢/kWh+3.4%2,597,848
Oct 202415.96¢/kWh+3.3%2,593,872
Sep 202416.45¢/kWh+6.5%2,586,042
Aug 202416.45¢/kWh+5.4%2,585,830

Electric utilities in Minnesota

Largest by customers, 2025. Price and bill are for homes served with bundled generation and delivery

All 172

Swipe the table sideways to see more columns.

UtilityCustomersHome priceHome bill
Northern States Power Co - MinnesotaInvestor Owned1,389,33117.07¢/kWh$105/mo
ALLETE, Inc.Investor Owned153,19215.86¢/kWh$107/mo
Connexus EnergyCooperative148,71614.11¢/kWh$113/mo
Dakota Electric AssociationCooperative117,91315.63¢/kWh$116/mo
Otter Tail Power CoInvestor Owned63,45011.27¢/kWh$102/mo
East Central EnergyCooperative62,56617.63¢/kWh$151/mo
Rochester Public UtilitiesMunicipal60,96318.58¢/kWh$108/mo
Wright-Hennepin Coop Elec AssnCooperative57,13015.00¢/kWh$140/mo
Lake Country PowerCooperative51,60318.34¢/kWh$160/mo
Minnesota Valley Electric CoopCooperative48,53114.39¢/kWh$146/mo
Crow Wing Cooperative Power & Light CompCooperative48,35414.30¢/kWh$123/mo
Lake Region Electric Cooperative - (MN)Cooperative30,32813.60¢/kWh$143/mo
Stearns Cooperative Elec AssnCooperative28,74614.07¢/kWh$177/mo
People's Cooperative ServicesCooperative24,01717.19¢/kWh$158/mo
Beltrami Electric Coop, IncCooperative22,59315.47¢/kWh$179/mo
Freeborn Mower Electric CooperativeCooperative21,32715.28¢/kWh$136/mo
Shakopee Public Utilities CommMunicipal21,00215.91¢/kWh$106/mo
City of Moorhead - (MN)Municipal20,76611.52¢/kWh$97/mo
BENCO Electric CooperativeCooperative20,08616.14¢/kWh$158/mo
MiEnergy CooperativeCooperative16,39616.90¢/kWh$166/mo
Mille Lacs Energy CooperativeCooperative16,05817.50¢/kWh$130/mo
Runestone Electric AssnCooperative15,46914.75¢/kWh$176/mo
Wild Rice Electric Coop, IncCooperative14,86214.70¢/kWh$182/mo
City of Elk RiverMunicipal13,61016.27¢/kWh$124/mo
City of AnokaMunicipal12,99116.20¢/kWh$92/mo
Itasca-Mantrap Co-op Electrical AssnCooperative12,80213.11¢/kWh$127/mo
City of Owatonna - (MN)Municipal12,65215.03¢/kWh$98/mo
City of Chaska - (MN)Municipal12,37616.75¢/kWh$112/mo
Steele-Waseca Cooperative ElectricCooperative12,12616.46¢/kWh$161/mo
City of Austin - (MN)Municipal12,04415.35¢/kWh$96/mo
City of Alexandria - (MN)Municipal10,81711.99¢/kWh$91/mo
Willmar Municipal Utilities (MN)Municipal10,60813.77¢/kWh$93/mo
Todd-Wadena Electric CoopCooperative9,389Not reportedNot reported
Meeker Coop Light & Power AssnCooperative9,34514.03¢/kWh$198/mo
Kandiyohi Power CoopCooperative9,079Not reportedNot reported
Brainerd Public UtilitiesMunicipal8,38412.10¢/kWh$80/mo
Hibbing Public Utilities CommMunicipal8,323Not reportedNot reported
City of Detroit Lakes - (MN)Municipal8,206Not reportedNot reported
Hutchinson Utilities CommMunicipal7,75111.02¢/kWh$78/mo
Grand Rapids Public Util CommMunicipal7,610Not reportedNot reported

Price is revenue divided by kilowatt-hours sold. Where customers can choose a retail electricity supplier, the utility that delivers power may report only delivery charges, so its price can look lower than what customers pay in total.

Frequently asked questions

What is the average electricity rate in Minnesota?
Homes in Minnesota paid an average of 17.45¢/kWh per kilowatt-hour in July 2026, compared with 16.92¢/kWh a year earlier. The U.S. average was 18.31¢/kWh.
Is electricity expensive in Minnesota?
Minnesota had the 21st highest average residential price of 51 states and DC in July 2026.
What is the average electric bill in Minnesota?
The average Minnesota home used 743 kWh a month and paid $117.67 a month in 2025, according to EIA.
What is the largest electric utility in Minnesota?
Northern States Power Co - Minnesota serves the most customers in Minnesota, about 1,389,331 in 2025.

Source: U.S. Energy Information Administration, Form EIA-861M and Form EIA-861 · Data for July 2026