In July 2026, homes in Minnesota paid an average of 17.45¢ per kWh, the 21st most expensive of the 50 states and DC and 4.7% below the U.S. average of 18.31¢.
That price is up 3.1% from a year earlier.
Over the past 12 months the average home in Minnesota used 742 kWh a month, for an average bill of $120 (U.S.: $157).
About electricity in Minnesota
Minnesota's electricity comes from a near-even mix of wind, coal and nuclear power. Electric cooperatives serve a sizable share of the state's homes.
- wind 25%
- coal 23%
- nuclear 22%
- natural gas 21%
- solar 5%
- other 4%
The Minnesota Public Utilities Commission is the state agency that regulates electric utilities in Minnesota.
Average electric bill in Minnesota
Over the last 12 months the average Minnesota home paid $120 a month for electricity, the 8th lowest of the 50 states and DC. In July 2026 the average bill was $169 for 971 kWh.
Over the last 12 months, homes in Minnesota used the most electricity in July, when air conditioning drives usage up: an average of 971 kWh and a $169 bill. The lightest month was May, at 626 kWh and $106.
What would I pay?
| Monthly use | Per month | Per year |
|---|---|---|
| 500 kWh × 17.45¢typical | $87.25 | $1,047 |
| 1,000 kWh × 17.45¢ | $174.50 | $2,094 |
| 1,500 kWh × 17.45¢ | $261.75 | $3,141 |
| 2,000 kWh × 17.45¢ | $349.00 | $4,188 |
Estimate your own bill
Cost of electricity in Minnesota by month
Businesses in Minnesota paid 13.49¢ per kWh in July 2026 (the 23rd most expensive for business power), and industrial users paid 10.34¢.
Electric companies in Minnesota
46 utilities deliver electricity to homes in Minnesota. The largest is Northern States Power Co - Minnesota, serving 1,243,236 homes.
| Utility | Homes served | Avg. home rate |
|---|---|---|
| Northern States Power Co - Minnesota | 1,243,236 | 17.07¢ |
| Connexus Energy | 136,082 | 14.11¢ |
| ALLETE, Inc. | 126,520 | 15.86¢ |
| Dakota Electric Association | 109,148 | 15.63¢ |
| East Central Energy | 55,839 | 17.63¢ |
| Rochester Public Utilities | 55,728 | 18.58¢ |
| Wright-Hennepin Coop Elec Assn | 54,582 | 15.00¢ |
| Otter Tail Power Co | 50,219 | 11.27¢ |
| Lake Country Power | 47,386 | 18.34¢ |
| Crow Wing Cooperative Power & Light Comp | 45,155 | 14.30¢ |
"Avg. home rate" is what each utility's full-service residential customers paid on average in 2025 (revenue ÷ kWh sold). Delivery-only utilities have no full-service rate.
Can you choose your electricity supplier in Minnesota?
No. Households in Minnesota buy electricity from the utility that serves their address. Rates are set by the state utility commission (for investor-owned utilities) or by the utility's own board (for co-ops and city-owned utilities).
Minnesota compared with neighboring states
| State | Price per kWh | Avg. monthly bill (12 mo.) |
|---|---|---|
| North Dakota | 13.41¢ | $132 |
| South Dakota | 15.37¢ | $140 |
| Iowa | 15.99¢ | $121 |
| Minnesota | 17.45¢ | $120 |
| Wisconsin | 19.06¢ | $124 |
Minnesota electricity FAQ
What is the average electric bill in Minnesota?
The average home in Minnesota paid $120 a month over the last 12 months, using 742 kWh. That is the 8th lowest of the 50 states and DC. In July 2026 alone, the average bill was $169.
How much does electricity cost per kWh in Minnesota?
Homes paid an average of 17.45¢ per kWh in July 2026, 4.7% below the U.S. average of 18.31¢. Businesses paid 13.49¢ per kWh.
Which month has the highest electric bills in Minnesota?
July, in the last 12 months of data: the average bill reached $169 (971 kWh), compared with $106 in May, the lowest month.
Can I choose my electricity provider in Minnesota?
No. Households in Minnesota buy electricity from the utility that serves their address, at rates set by regulators or the utility's board.
What are the largest electric companies in Minnesota?
By number of residential customers in 2025: Northern States Power Co - Minnesota (1,243,236), Connexus Energy (136,082), ALLETE, Inc. (126,520).
Latest MN electric rates, bills and usage: U.S. Energy Information Administration retail sales data (forms EIA-861M and EIA-861), latest month July 2026. Utilities and suppliers: EIA-861 (2025). Bills and usage are revenue and sales divided by customers. Last updated 2026-10-20.