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.
$0.18
per kWh · EIA, Jun 2026
Residential
$0.18
per kWh
Commercial
$0.14
per kWh
Industrial
$0.10
per kWh
vs US average
-4%
cheaper
Price rank
#20
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.
Sample monthly bills in Minnesota
Estimated energy cost at Minnesota's average residential rate (before fixed charges and tax).
500 kWh / month
$87.60
≈ $1,051.2/year
900 kWh / month
$157.68
≈ $1,892.16/year
1200 kWh / month
$210.24
≈ $2,522.88/year
Minnesota electricity bill calculator
Prefilled with Minnesota's average residential rate. Adjust usage, add fixed charges, or switch to a tiered tariff.
$115.12
600 kWh · ≈ $3.78/day
Per day
$3.78
Per year
$1,381.44
7,200 kWh/yr
Cost breakdown
- Energy91%
- Fixed charge9%
Estimate only. Check your official utility bill for exact charges.
About electricity prices in Minnesota
What the rate includes
The figures above are EIA average retail prices — the total revenue utilities collect divided by kWh sold. Your own rate depends on your utility, plan, and usage tier, so treat this as a Minnesota benchmark.
Lowering your bill
The fastest wins are usually heating, cooling, and water heating. Use the appliance calculator to find your biggest energy users, then shift heavy usage off-peak if your plan supports it.
Other states
View all ratesWant the bill side, not just the rate? See the average electric bill in Minnesota by home size.