Home Cost Pulse

Minnesota electricity rates and average bill

Residential price, August 2026

Homes in Minnesota paid an average of 17.20¢ per kWh in August 2026, 5% below the U.S. average of 18.16¢. That is the 21st highest among the 50 states and D.C. The price is up 1.8% vs August 2025.

The average Minnesota home12 months to August 2026
Electricity used per month
745 kWh
U.S. average home
875 kWh
Average monthly bill
$121.27

Same usage at the Aug 2026 price$128.11

Bills are revenue divided by customers, so they include the fixed charges and fees utilities collect.

Price over the last 36 months

13.5¢16.5¢19.4¢Sep 2023Mar 2025Aug 202617.20¢
MinnesotaU.S. average
Show the monthly numbers
MonthPrice
August 202617.20¢
July 202617.45¢
June 202617.52¢
May 202616.95¢
April 202616.39¢
March 202615.69¢
February 202615.37¢
January 202614.96¢
December 202514.94¢
November 202515.65¢
October 202516.34¢
September 202517.07¢
August 202516.89¢
July 202516.90¢
June 202517.32¢
May 202515.82¢
April 202515.08¢
March 202515.09¢
February 202514.60¢
January 202514.51¢
December 202414.10¢
November 202415.01¢
October 202415.96¢
September 202416.45¢

What everyday things cost in Minnesota

At 17.20¢ per kWh, before any fixed monthly charge:

ItemEnergyCost
1,000 kWh
a round reference amount		1,000 kWh$172.00
Central air conditioner
3.5 kW running 8 hours a day for 30 days		840 kWh$144.48
Space heater
1.5 kW running 8 hours a day for 30 days		360 kWh$61.92
Electric car, 1,000 miles
3.5 miles per kWh with 10% charging losses		317 kWh$54.60
Electric clothes dryer
3 kW, twelve one-hour loads		36 kWh$6.19
LED TV
100 W for 5 hours a day for 30 days		15 kWh$2.58

Thermostat-controlled appliances cycle on and off, so real use is often lower. Price your own appliance.

Rooftop solar in Minnesota

A 1 kW rooftop system near Minneapolis produces about 1,333 kWh a year, according to the NLR PVWatts model. At Minnesota's average price that output is worth about $229 a year per kW. A typical 7 kW system would make about 9,330 kWh, worth about $1,605 a year.

The 30% federal tax credit for solar you buy (Section 25D) ended on December 31, 2025. Work out payback with your own quote.

Estimate your Minnesota bill

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Minnesota compared with the Midwest

StatePriceAverage bill
North Dakota13.31¢$133
Nebraska13.54¢$122
South Dakota15.15¢$140
Kansas15.47¢$134
Missouri16.02¢$145
Indiana17.02¢$157
Iowa17.06¢$120
Minnesota17.20¢$121
Illinois19.32¢$132
Ohio19.38¢$159
Wisconsin19.41¢$125
Michigan22.99¢$134

Source: U.S. Energy Information Administration (EIA), residential retail sales, latest month August 2026. Average bill and usage: 12 months to August 2026, computed from EIA revenue, sales and customer counts.

Solar: PVWatts v8 by the National Laboratory of the Rockies, 1 kW fixed roof system, 20° tilt, facing south, 14% losses.

How we calculate. Page updated 2026-11-15.