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Minnesota Electricity Cost & Rates

The July 2026 EIA residential average is 17.45¢/kWh. Compare typical household costs, supported utility rate plans and calculator estimates for Minnesota.

17.45¢/kWh+3.1% year over year

Equivalent to $0.1745 per kWh · July 2026 residential average

July 202516.92¢
vs. U.S. average-4.7%
U.S. high-price rank#21
Calculate a Minnesota electricity billBrowse utility rate plans

What this rate means in everyday costs

Examples below use fixed usage assumptions so states can be compared consistently.

$174.501,000 kWh household electricity example
$54.841,000 EV miles at 3.5 mi/kWh + 10% charging loss
$31.411.5 kW appliance, 4 h/day for 30 days
$1,745.00Value of 10,000 kWh/year of offset electricity

Use Minnesota in a calculator

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EV charging calculator

Starts from 17.45¢/kWh.

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Electricity bill calculator

Estimate usage cost from kWh.

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Appliance cost calculator

Convert wattage and runtime to dollars.

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Solar savings calculator

Value estimated solar output at the state rate.

Source and update date

U.S. Energy Information Administration, Electric Power Monthly Table 5.6.A, Form EIA-861M. Data period: July 2026. Release date: September 24, 2026. Status: preliminary.

Open the EIA source table →

Related Minnesota page

See a concrete application of this rate in the Tesla Model Y charging-cost page.

Tesla Model Y charging cost in Minnesota →

Utility coverage in Minnesota

1 tracked provider profile; 1 calculator-ready.

All utilities →

Xcel Energy Minnesota

Xcel Energy electric service territory in Minnesota

Residential rate profile

Xcel Energy Minnesota EV Home Service uses a three-period EV charging rate with midnight–6 a.m. off-peak pricing and weekday 3–8 p.m. on-peak pricing.

Calculator-readyView utility →
usage calculator

How much does electricity cost in Minnesota at 500–2,000 kWh?

Monthly at 17.45¢/kWh$174.50
Annual at same usage$2,094.00
U.S. average comparison$183.10
Monthly difference vs U.S.−$8.60
$87.25500 kWh / month
$174.501,000 kWh / month
$261.751,500 kWh / month
$349.002,000 kWh / month

Open the full electricity bill calculator →

This is a state-average energy-cost benchmark, not a utility tariff or complete bill. Utility rate plans, fixed charges, taxes, riders and time-of-use schedules can change the actual amount.

Rate source: EIA Electric Power Monthly Table 5.6.A · data period 2026-07 · released 2026-09-24 · preliminary.

Continue this cost analysis

Use the same state electricity context across transportation, solar and storage decisions.

EV charging in MinnesotaTranslate the same electricity market into vehicle charging cost.Minnesota solar savingsEstimate how local solar production and electricity prices affect savings.Minnesota home battery economicsEstimate storage value, self-consumption and payback in the same state.