Independent rate reference - not affiliated with any utility or energy supplier. Data: EIA Electric Power Monthly, April 2026.Full disclaimer
ElectricityRatePerKWh

Electricity Rate in Minnesota (2026): 15.09c/kWh Average

Residential Rate
15.09¢
per kWh
vs US Avg
-15%
2.56c below
Avg Monthly Bill
$117
774 kWh
Provider Choice
No
Regulated monopoly

Minnesota Electricity Rate: What You Need to Know

Minnesota electricity averages 15.09 cents per kWh for residential customers as of April 2026, according to the EIA Electric Power Monthly. This is 2.56c below the US average of 17.65c/kWh. The average monthly bill for Minnesota households is $117 based on typical usage of 774 kWh.

Generation mix: Wind 35%, natural gas 30%, nuclear 25%, coal 10%. The fuel mix is a primary driver of electricity rates - states with abundant hydro or nuclear tend to have lower rates, while states dependent on imported petroleum (Hawaii) or natural gas pay more.

Year-over-year change: Minnesota rates rose 4.1% year-over-year as of April 2026. This compares to the US average increase of 5.4% over the same period.

Regulated: You Cannot Switch Electricity Suppliers

Xcel Energy MN / Great Plains Energy operates as the regulated utility in Minnesota. Retail electricity choice is not available for residential customers. Options for reducing your bill include: time-of-use rate optimization, energy efficiency upgrades, and rooftop solar.

Your Minnesota Electricity Bill Components

Energy charge (774 kWh x 15.09c)$116.80
Fixed customer charge (estimated)~$10.00
Estimated monthly total$126.80
All Sectors - Minnesota
Residential15.09c
Commercial12.34c
Industrial8.12c
Dominant Utility
Xcel Energy MN / Great Plains Energy
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Adjacent States
Wisconsin17.32c
Iowa13.71c
North Dakota11.64c
South Dakota12.37c
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State pre-selected in our full bill calculator with TOU and commercial modes.

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Minnesota Electricity: Frequently Asked Questions

What is the electricity rate in Minnesota in 2026?+
The average residential electricity rate in Minnesota is 15.09 cents per kWh as of April 2026, according to the EIA Electric Power Monthly. This is 2.56c below the US average of 17.65c/kWh (-15%). The average monthly electricity bill in Minnesota is approximately $117 based on 774 kWh typical monthly usage.
Can I switch electricity providers in Minnesota?+
No - Minnesota operates a regulated electricity market. Xcel Energy MN / Great Plains Energy serves as the regulated monopoly utility. Customers cannot switch electricity generation suppliers. Options for reducing bills include time-of-use rate optimization (where available), energy efficiency upgrades, and solar installation.
What is the average monthly electricity bill in Minnesota?+
The average Minnesota household uses approximately 774 kWh per month. At 15.09c/kWh plus approximately $10 in fixed charges, the average monthly bill is $117. This varies by season (higher in summer for cooling-dominant states like Florida, higher in winter for heating-dominant states).
What is the primary electricity source in Minnesota?+
Minnesota's generation mix is primarily Wind 35%, natural gas 30%, nuclear 25%, coal 10%. This fuel mix is a key factor in the state's electricity rate - states relying on hydro or nuclear typically have lower rates, while states heavily dependent on natural gas or petroleum (like Hawaii) face higher costs.
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