RUV CalculatorMinnesota Electricity Cost Calculatorhttps://calc.ruvlabs.com/c/electricity-cost-calculator/minnesota

Minnesota Electricity Cost Calculator

Monthly and yearly cost at your state's average rate

Monthly electricity cost

Yearly cost
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Breakdown
State average rate (12 months)
Averaging period
Latest month's rate
Rank of 51 (1 = most expensive)
U.S. average rate
Monthly difference vs U.S. average rate
Average home's monthly use in this state
Average home's monthly bill in this state
State applied

About $162.20 a month, or $1,946.40 a year, at the Minnesota average of 16.22 ¢/kWh.

Electricity rates in Minnesota: 16.22¢ per kWh

Homes in Minnesota paid an average of 16.22¢ per kilowatt-hour from August 2025 to July 2026, 10% below the U.S. average of 17.99¢. That is the 24th-highest of 51, between Alabama (16.44¢) and Texas (15.96¢).

The average Minnesota home used 742 kWh a month — the 18th-least of the 51 — so its typical bill came to $120 a month, the 8th-lowest. At the national rate the same 742 kWh would cost $13 more a month.

In July 2026, the latest month published, the Minnesota rate was 17.45¢.

Average residential rate, August 2025 to July 2026; average home use and bill over the same months
RankStateAverage rateLatest monthAverage home useAverage bill
22Virginia16.48¢17.55¢1,051 kWh/mo$173/mo
23Alabama16.44¢16.40¢1,125 kWh/mo$185/mo
24Minnesota16.22¢17.45¢742 kWh/mo$120/mo
25Texas15.96¢15.88¢1,103 kWh/mo$176/mo
26South Carolina15.64¢15.47¢1,057 kWh/mo$165/mo

What a month of electricity costs in Minnesota

At 16.22¢ per kWh, every extra 100 kWh a month adds $16.22 to the monthly bill and $195 to the year. The table runs from half to twice the Minnesota average home's 742 kWh, using the same calculation as the calculator above.

Cost at the Minnesota average of 16.22¢, from half to twice the average home's use
Monthly usePer monthPer yearvs. U.S. rate (17.99¢)
350 kWh (half the average)$57$681−$6
742 kWh (state average)$120$1,444−$13
1,100 kWh (1.5× the average)$178$2,141−$19
1,500 kWh (twice the average)$243$2,920−$27

Minnesota electricity through the year

The average Minnesota home's bill peaked at about $169 in July 2026 and was lowest, about $100, in November 2025. Use ran from 626 kWh in May 2026 to 971 kWh in July 2026, 1.6 times as much.

The rate moved too, from 14.96¢ in December 2025 to 17.52¢ in June 2026. A monthly rate includes that month's fuel and seasonal charges, which is why the calculator uses the 12-month average for a yearly estimate.

Average Minnesota home, month by month (EIA-861M, preliminary)
MonthRateUse per homeBill per home
Aug 202516.91¢815 kWh$138
Sep 202517.10¢662 kWh$113
Oct 202516.37¢631 kWh$103
Nov 202515.67¢639 kWh$100
Dec 202514.96¢852 kWh$127
Jan 202614.98¢891 kWh$133
Feb 202615.39¢753 kWh$116
Mar 202615.08¢721 kWh$109
Apr 202616.39¢629 kWh$103
May 202616.95¢626 kWh$106
Jun 202617.52¢711 kWh$125
Jul 202617.45¢971 kWh$169

Largest electricity providers in Minnesota

Among the 10 largest providers listed, average residential rates in 2024 ran from 11.33¢ at Otter Tail Power Co to 17.91¢ at Rochester Public Utilities. On the average Minnesota home's 742 kWh that is a difference of $49 a month.

These are 2024 figures, the latest final year. The Minnesota average was 15.45¢ that year and 16.22¢ over the last 12 months, up 5% — compare the providers with each other, not with today's average.

Together they serve 74% of Minnesota's 2,581,180 residential customers. The rates are each company's residential revenue divided by kilowatt-hours sold, so customer charges are included; a plan or tier can still differ.

Residential service, 2024 (EIA-861, final)
ProviderTypeHomes servedAverage rateUse per home
Northern States Power Co - MinnesotaInvestor-owned1,230,05716.98¢588 kWh/mo
Connexus EnergyCooperative134,09513.66¢772 kWh/mo
ALLETE, Inc.Investor-owned125,89615.66¢651 kWh/mo
Dakota Electric AssociationCooperative108,09714.00¢716 kWh/mo
East Central EnergyCooperative55,25016.89¢820 kWh/mo
Rochester Public UtilitiesMunicipal54,94317.91¢560 kWh/mo
Wright-Hennepin Coop Elec AssnCooperative53,71414.59¢897 kWh/mo
Otter Tail Power CoInvestor-owned50,11811.33¢842 kWh/mo
Lake Country PowerCooperative47,20417.90¢829 kWh/mo
Crow Wing Cooperative Power & Light CompCooperative44,69813.33¢809 kWh/mo

How the calculation works — Electricity Cost Calculator

Frequently asked questions

What is the average electricity rate in Minnesota?

16.22¢ per kWh for homes, averaged over August 2025 to July 2026 (U.S. Energy Information Administration). The latest single month, July 2026, was 17.45¢.

What is the average electric bill in Minnesota?

About $120 a month: the average home used 742 kWh a month at 16.22¢ per kWh. The U.S. average is $157 on 870 kWh.

How much does 1,000 kWh cost in Minnesota?

About $162 a month at the state average of 16.22¢, against $180 at the U.S. average of 17.99¢.

Is electricity expensive in Minnesota?

16.22¢ is the 24th-highest rate of the 51, 10% below the U.S. average. By the typical monthly bill it is the 8th-lowest, because Minnesota homes use less power than the U.S. average.

Which electricity provider serves the most homes in Minnesota?

Northern States Power Co - Minnesota, with 1,230,057 residential customers in 2024 and an average rate of 16.98¢ per kWh; next is Connexus Energy at 13.66¢.

Sources

Official documents the rates and rules on this page come from.

Electricity Cost Calculator in other states

This is a reference calculation using common energy assumptions and is not a substitute for professional advice. We accept no liability for decisions made from it — see the terms of use for details.