Energy Calculators

Electricity rates in Minnesota

The average residential electricity price in Minnesota was 17.20¢/kWh in August 2026, 5.3% below the U.S. average of 18.16¢/kWh (EIA).

Average price (Aug 2026)
17.20¢/kWh
Change vs Aug 2025
+1.8%+0.31¢/kWh
Rank (1 = most expensive)
21stof 51
vs U.S. average
−5.3%−0.96¢/kWh

Minnesota residential electricity price, last 12 months

Minnesota vs U.S. average residential electricity price, last 12 monthsMinnesota: 17.1¢ in Sep 2025, 17.2¢ in Aug 2026. Low 14.9¢, high 17.5¢.14.0¢15.0¢16.0¢17.0¢18.0¢19.0¢20.0¢Nov 2025Feb 2026May 2026Aug 2026
· cents per kWh
Show data table
MonthMinnesotaU.S. average
Aug 202617.2¢18.2¢
Jul 202617.4¢18.3¢
Jun 202617.5¢18.4¢
May 202616.9¢18.4¢
Apr 202616.4¢18.9¢
Mar 202615.7¢18.6¢
Feb 202615.4¢17.6¢
Jan 202615.0¢17.4¢
Dec 202514.9¢17.1¢
Nov 202515.7¢17.8¢
Oct 202516.3¢17.9¢
Sep 202517.1¢18.1¢

Source: U.S. Energy Information Administration (Aug 2026). Retrieved November 5, 2026. About our data

What common appliances cost to run in Minnesota

Worked examples at 17.20¢/kWh, the August 2026 average:

  • Running a 1,500 W space heater 6 hours a day for 30 days uses 270 kWh and costs about $46.44.
  • Running a 3,500 W central air conditioner 8 hours a day for 30 days uses 840 kWh and costs about $144.48.
  • Running a refrigerator using 500 kWh per year uses 500 kWh and costs about $86.00 a year.

Try your own appliance in the appliance cost calculator.

Typical monthly use and bill

Minnesota residential customers used an average of 743 kWh a month in 2025 (EIA annual data). At 17.20¢/kWh, that works out to about $127.80 a month.

States with similar prices

Compare all 50 states and DC

Frequently asked questions

Is electricity expensive in Minnesota?

Minnesota ranked 21st most expensive of 51 (50 states and DC) in August 2026, at 17.20¢/kWh versus the U.S. average of 18.16¢/kWh.

How have Minnesota electricity prices changed over the past year?

The average residential price rose from 16.89¢/kWh in August 2025 to 17.20¢/kWh in August 2026, a change of +1.8%.

What is a typical electric bill in Minnesota?

Residential customers in Minnesota used an average of 743 kWh a month in 2025. At 17.20¢/kWh that is about $127.80 a month. Use the electric bill calculator for your own usage.

Why might my Minnesota rate differ from this average?

The state average blends every utility, rate plan and fixed charge in the state. Utilities, co-ops and municipal providers set different tariffs, and time-of-use or tiered plans change the price of each kWh. Divide your bill total by your kWh for your own average rate.

Data last updated: