Xcel Energy MN
Xcel Energy MN is a electric & gas utility serving 1,200,000 customers in Minnesota. Average residential rate: 15.63¢/kWh (9.2% below national average).
15.63¢
per kWh
1,200,000
customers
MN
state
Electric & Gas
service type
Rate Comparison
| Metric | Xcel Energy MN | Minnesota Avg | National Avg |
|---|---|---|---|
| Avg Rate | 15.63¢/kWh | 15.63¢/kWh | 17.22¢/kWh |
| Est. Monthly Bill (900 kWh) | $140.67 | $140.67 | $154.98 |
| Est. Annual Bill (900 kWh/mo) | $1,688.04 | $1,688.04 | $1,859.76 |
About Xcel Energy MN
Xcel Energy MN is one of the major electric utilities serving Minnesota. With 1,200,000 customers, it ranks among the largest utilities in the state.
The utility's average rate of 15.63¢/kWh is 9.2% below the national average of 17.22¢/kWh.
Visit the official Xcel Energy MN website for current rates, outage maps, and payment options.
Other Utilities in Minnesota
| Utility | Rate (¢/kWh) | Customers | Type |
|---|---|---|---|
| Minnesota Power | 14.20¢ | 150,000 | electric |
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Data verified March 2026 · Source: U.S. Energy Information Administration (EIA)