MinnesotaElectricity Rates & Utility Costs
The average residential electricity rate in Minnesota is 15.63¢/kWh, which is around the national average. That's 9.2% lower than the national average.
Residential
15.63¢
per kWh
Commercial
12.55¢
per kWh
Industrial
9.15¢
per kWh
Avg Monthly Bill
$119
residential
Minnesota vs National Average
| Metric | Minnesota | National Avg | Difference |
|---|---|---|---|
| Residential Rate | 15.63¢/kWh | 17.22¢/kWh | -1.59¢ |
| Monthly Bill | $119 | $134 | $-15.00 |
| Renewable Energy | 29.0% | ~22% | Above avg |
| Primary Source | Wind | ||
Why Electricity Is Affordable in Minnesota
Minnesota's electricity rates are close to the national average. The state relies primarily on Wind for power generation, with renewable sources making up 29.0% of the mix. Competitive market options and moderate generation costs help keep rates stable.
Utility Companies in Minnesota
| Utility | Avg Rate | Customers | Type |
|---|---|---|---|
| Xcel Energy MN | 15.63¢/kWh | 1,200,000 | both |
| Minnesota Power | 14.20¢/kWh | 150,000 | electric |
Appliance Running Costs in Minnesota
Based on Minnesota's residential rate of 15.63¢/kWh.
| Appliance | Watts | Hours/Day | Monthly Cost | Annual Cost |
|---|---|---|---|---|
| Air Purifier | 50 | 24 | $5.63 | $67.52 |
| Blender | 400 | 0.1 | $0.19 | $2.25 |
| CFL Bulb (13W) | 13 | 8 | $0.49 | $5.85 |
| Cable / Satellite Box | 35 | 24 | $3.94 | $47.27 |
| Ceiling Fan | 75 | 12 | $4.22 | $50.64 |
| Central Air Conditioner | 3,500 | 8 | $131.29 | $1,575.50 |
| Chest Freezer | 80 | 24 | $9.00 | $108.03 |
| Clothes Dryer (Electric) | 3,000 | 1 | $14.07 | $168.80 |
| Coffee Maker | 900 | 0.25 | $1.06 | $12.66 |
| Crypto Mining Rig | 1,500 | 24 | $168.80 | $2,025.65 |
| Dehumidifier | 300 | 12 | $16.88 | $202.56 |
| Desktop Computer | 200 | 8 | $7.50 | $90.03 |
| Dishwasher | 1,800 | 1 | $8.44 | $101.28 |
| Electric Baseboard Heater | 1,000 | 10 | $46.89 | $562.68 |
| Electric Fireplace | 1,400 | 4 | $26.26 | $315.10 |
Compare With Other States
More Data for Minnesota
Frequently Asked Questions
What is the average electricity rate in Minnesota?
The average residential electricity rate in Minnesota is 15.63¢ per kWh, which is 9.2% below the national average of 17.22¢/kWh.
How much is the average monthly electric bill in Minnesota?
The average monthly residential electric bill in Minnesota is $119, compared to the national average of $134.
Why is electricity cheap in Minnesota?
Minnesota's electricity rates are close to the national average. The state relies primarily on Wind for power generation, with renewable sources making up 29.0% of the mix. Competitive market options and moderate generation costs help keep rates stable.
What is the main energy source in Minnesota?
The primary energy source in Minnesota is Wind, with 29.0% of electricity coming from renewable sources.
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Data verified March 2026 · Source: U.S. Energy Information Administration (EIA)