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Minnesota electricity rates and average bill

Minnesota households paid an average of 17.20¢ per kWh in August 2026, 5% below the US average and +1.8% on a year earlier. That ranks #21 of 51, most expensive first.

Source EIA, residential retail priceLatest month August 2026

Average residential priceMN

17.20 ¢/kWh
Typical bill
$121/mo
Average use
745kWh
EV, 1,000 mi
$45/mo

Thirteen months of prices

Average residential price by month, ¢/kWh (EIA). Highest 17.52¢ in June 2026, lowest 14.94¢ in December 2025. Download the data (CSV)

14.7¢15.5¢16.2¢17.0¢17.7¢Aug 2025Oct 2025Dec 2025Feb 2026Apr 2026Jun 2026Aug 2026

Utilities and rate plans

Each utility’s current residential tariffs, transcribed from its tariff sheets, with periods, tiers, fixed charge and a typical bill. Customer counts from EIA-861 (2025).

Compare rate plans in Minnesota

Rates by city

Cities of 100,000 or more whose utility is modeled here.

Against the national average and states with similar prices

Average residential ¢/kWh, August 2026 (EIA).

Minnesota17.20¢
United States18.16¢
Colorado17.17¢
Iowa17.06¢
Indiana17.02¢
Virginia17.64¢

Charging an electric car in Minnesota

Driving a Tesla Model Y Long Range AWD 1,000 miles a month takes 275 kWh from the wall (EPA 27.5 kWh/100 mi), about $45 at the state average. A 25.5 mpg gasoline car covering the same distance at $4.18 a gallon (Minnesota average, October 2026) costs about $164.

On a time-of-use plan, charging in the cheapest hours beats the flat average. The table shows, for each utility, the plan with the lowest total bill for a typical Minnesota home that adds 1,000 EV miles a month, averaged over the year, and what plugging in at 6 pm would cost instead.

UtilityBest plan for an EVBest start1,000 mi, best startFrom 6 pm
Xcel EnergyA0212 am$24$62

Other models: cost to charge by model. Your car, miles and plan: EV charging cost calculator.

Average electric bill in Minnesota

Over the last 12 months the average price was 16.28¢ per kWh and the average home used 745 kWh a month, so a typical Minnesota household spent about $121 a month on electricity, or $1,455 a year. Use is 15% below the US average of 875 kWh a month, peaking in July at 971 kWh.

The state average hides the real spread. Utilities in the same state charge different prices, and on a time-of-use plan the same kWh costs more in the peak hours than off-peak; each utility page shows by how much. Open Xcel Energy’s page to see its plans, prices by hour and fixed charge, or run the calculators below with Minnesota preloaded.

Natural gas for homes averaged $1.08 per therm over the 12 months to August 2026 (EIA, all charges included), and a typical gas-heated home uses about 672 therms a year for heating. The heat pump calculator compares that with electric heating on your plan.

A south-facing, 20° rooftop array in Minnesota produces about 1,335 kWh per installed kW a year (NREL PVWatts at the state’s population center). What that is worth depends on your utility’s export rule, shown on each utility’s page.

Minnesota electricity: common questions

How much does electricity cost in Minnesota?

Homes in Minnesota paid an average of 17.20¢ per kWh in August 2026, against 18.16¢ for the US, which ranks the state #21 of 51 from most expensive. Over the last 12 months the average was 16.28¢. These are EIA averages of what households actually paid, fixed charges included; your utility and plan set your own price.

What is the average electric bill in Minnesota?

About $121 a month ($1,455 a year): the average Minnesota home used 745 kWh a month over the last 12 months at an average 16.28¢/kWh. Use peaks in July, at 971 kWh.

Are electricity prices going up in Minnesota?

Minnesota's average residential price was 17.20¢/kWh in August 2026, 1.8% higher than a year earlier. Over the last ten years the 12-month average has changed by +2.7% a year, against +3.7% a year for the US.

How much does it cost to charge an electric car in Minnesota?

Driving 1,000 miles a month in a Tesla Model Y Long Range AWD takes 275 kWh from the wall, about $45 at the state's average home price, against about $164 of gasoline for a 25.5 mpg car. On a time-of-use plan, charging overnight can cost less than that.

Do Minnesota utilities offer time-of-use plans?

Yes. Xcel Energy offers A02 (peak 9 am–9 pm on summer weekdays). Each utility's page shows every period and price.

Calculators with Minnesota preloaded