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.
$0.16
per kWh · EIA, Apr 2026
Residential
$0.16
per kWh
Commercial
$0.12
per kWh
Industrial
$0.10
per kWh
vs US average
-13%
cheaper
Price rank
#27
of 51 (1 = highest)
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
$81.95
≈ $983.4/year
900 kWh / month
$147.51
≈ $1,770.12/year
1200 kWh / month
$196.68
≈ $2,360.16/year
Minnesota electricity bill calculator
Prefilled with Minnesota's average residential rate. Adjust usage, add fixed charges, or switch to a tiered tariff.
$108.34
600 kWh · ≈ $3.56/day
Per day
$3.56
Per year
$1,300.08
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.