Electricity rates in Minnesota

See the latest average electricity prices in Minnesota and estimate your bill with a calculator prefilled with the local residential rate.

Minnesota residential rate

$0.17

per kWh · EIA, Jul 2026

Residential

$0.17

per kWh

Commercial

$0.13

per kWh

Industrial

$0.10

per kWh

vs US average

-5%

cheaper

Price rank

#21

of 51 (1 = highest)

Avg monthly bill

$155

at 886 kWh typical usage

How Minnesota compares

Residential price per kWh vs the national average and the cheapest/most expensive states.

$0.13
Lowest
$0.18
US avg
$0.17
MN
$0.48
Highest

Typical electric bills by home size in Minnesota

Estimated energy cost at Minnesota's average residential rate of $0.17/kWh, before fixed charges and tax.

Home sizeTypical usageMonthlyYearly
1-bedroom apartment≈ 550 kWh/mo$95.98$1,151.7/yr
2-bedroom home≈ 700 kWh/mo$122.15$1,465.8/yr
3-bedroom house≈ 900 kWh/mo$157.05$1,884.6/yr
4-bedroom house≈ 1150 kWh/mo$200.67$2,408.1/yr

Minnesota electricity bill calculator

Prefilled with Minnesota's average residential rate. Adjust usage, add fixed charges, or switch to a tiered tariff.

/kWh
Billing period
kWh
$
%
Estimated monthly bill

$114.7

600 kWh · ≈ $3.77/day

Per day

$3.77

Per year

$1,376.4

7,200 kWh/yr

Cost breakdown

$114.7per month
  • Energy91%
  • Fixed charge9%

Estimate only. Check your official utility bill for exact charges.

Electricity rates in Minnesota: common questions

Minnesota's average residential electricity price is $0.17 per kWh (EIA, Jul 2026) — about 5% below the US average of $0.18. That ranks #21 of 51 states by residential price (1 = most expensive).