Minnesota Power
Minnesota Power is a electric only utility serving 150,000 customers in Minnesota. Average residential rate: 14.20¢/kWh (17.5% below national average).
14.20¢
per kWh
150,000
customers
MN
state
Electric Only
service type
Rate Comparison
| Metric | Minnesota Power | Minnesota Avg | National Avg |
|---|---|---|---|
| Avg Rate | 14.20¢/kWh | 15.63¢/kWh | 17.22¢/kWh |
| Est. Monthly Bill (900 kWh) | $127.80 | $140.67 | $154.98 |
| Est. Annual Bill (900 kWh/mo) | $1,533.60 | $1,688.04 | $1,859.76 |
About Minnesota Power
Minnesota Power is one of the major electric utilities serving Minnesota. With 150,000 customers, it ranks among the smaller utilities in the state.
The utility's average rate of 14.20¢/kWh is 17.5% below the national average of 17.22¢/kWh.
Visit the official Minnesota Power website for current rates, outage maps, and payment options.
Other Utilities in Minnesota
| Utility | Rate (¢/kWh) | Customers | Type |
|---|---|---|---|
| Xcel Energy MN | 15.63¢ | 1,200,000 | both |
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Data verified March 2026 · Source: U.S. Energy Information Administration (EIA)