Minnesota Electricity Rates & Average Electricity Bills

Electricity Rates in Minnesota

Electricity Rates, Plans & Statistics

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Electricity Companies & Statistics in Minnesota

  • Population
    see rank
    5,717,184
  • Total Production
    see rank
    57,526,216 MWh / 10.06 MWh per capita
  • Total Consumption
    see rank
    66,486,756 MWh / 11.63 MWh per capita
  • Total Production from Renewable
    see rank
    18,522,038 MWh / 3.24 MWh per capita
  • CO2 Emissions from Consumption
    see rank
    23,319,815,547 kg / 4,078.9 kg per capita
  • Total Production from Non-Renewable
    see rank
    39,004,979 MWh / 6.82 MWh per capita
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Average Residential Electricity Bills & Rates in Minnesota

Minnesota residential electric rates are highest in January and the highest average bill is in April.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.155/kWh$0.120/kWh$136.21/mo.$82.61/mo.
29th14.67¢Average residential price per kWh in the state of Minnesota
11th$111.66Average residential monthly electricity bill for Minnesota Residents

Minnesota Electricity Fuel Mix

MonthlyWe report production data as it is published. Due to reporting methods and timing, data from 2023 and 2022 may be incomplete. Data is released in full each fall for the previous calendar year. For clarification on any data points, please contact our team.
AnnualAnnual data for 2022 will be finalized in the fall of 2023. Until that time, some data may be incomplete. Data for 2023 is a summation of all information released to date, which may only represent a portion of the actual production that has occurred. For clarification on any data points, please contact our team.

Minnesota's Electricity Prices and Usage

Consumers in Minnesota enjoy a lower residential electricity rate than most people around the nation, with an average state electric rate of 14.67 cents per kilowatt hour compared to the US average price of 16.01 cents. Minnesota is the 29th lowest priced state in the US by average electricity rate. There are over 170 electric vendors that operate in the state, but due to the electricity market regulations in place citizens usually have only one or two electricity supplier options determined by where they live. The state is the 36th highest generator of electricity per capita, averaging 10.06 megawatt hours generated per capita per year. The average monthly residential power bill for a resident in Minnesota is $111.66 per month, while the nationwide average is $138.02. The state has a deficiency of 8960540.027000003 megawatt hours due to the fact that residents are using 15.58% more electricity than the state's electricity facilities produce. This leads to the state needing to import additional electricity from other states. The state uses over 66,400,000 megawatt hours to meet their electricity needs, making Minnesota the 24th ranked state for total electricity consumption.

Residential Electricity Providers in Minnesota

ProviderService TypeResidential Rate (¢)Residential Average Bill ($)Residential Sales (MWh)Residential Revenues ($)State Production (MWh)
Northern States Power CompanyBUNDLED16.49102.39,042,026.591,490,591,90729,115,104.63
Connexus EnergyBUNDLED13.48108.561,279,476.24172,489,288
Minnesota PowerBUNDLED14.3295.481,004,993.18143,878,2495,299,286.1
Dakota Electric AssociationBUNDLED13.51100.02948,528128,180,000
Wright-Hennepin ElectricBUNDLED13.68130.84602,141.1682,359,384
East Central EnergyBUNDLED15.93135.89557,507.3488,805,829
Otter Tail Power CompanyBUNDLED10.9797.66534,479.658,614,334113,208
Lake Country PowerBUNDLED15.66144.31516,10680,800,800
Minnesota Valley Electric CooperativeBUNDLED13.62138.62512,49069,808,000
Crow Wing PowerBUNDLED12.80113.44464,80359,482,300
166 providers total

Commercial Electricity Providers in Minnesota

ProviderService TypeCommercial Rate (¢)Commercial Average Bill ($)Commercial Sales (MWh)Commercial Revenues ($)State Production (MWh)
Northern States Power CompanyBUNDLED13.36968.0312,518,796.111,672,312,03829,115,104.63
Minnesota PowerBUNDLED13.83562.761,230,630.54170,187,4405,299,286.1
Otter Tail Power CompanyBUNDLED9.41618.821,042,279.998,122,927113,208
Dakota Electric AssociationBUNDLED9.52866.27895,56285,252,000
Rochester Public UtilitiesBUNDLED12.951,418.95678,608.1687,865,91778,469.02
Connexus EnergyBUNDLED10.36454629,007.2165,163,706
Minnesota Valley Electric CooperativeBUNDLED9.27705.39379,23935,154,000
Wright-Hennepin ElectricBUNDLED11.02729.23275,220.130,317,017
East Central EnergyBUNDLED12.01405.3263,757.8631,685,718
City of Chaska UtilitiesBUNDLED13.022,108.6191,49224,923,600733
166 providers total

Power Plants in Minnesota

PlantCity/CountyPrimary Fuel TypeProduction (MWh)Emission (KG)Emissions/MWh (KG/MWh)Toxic Chemical ReleaseClosing Date
Sherburne CountySouthern Minnesota Municipal Power Agency (15.70%)Northern States Power Company (84.30%)
Becker Coal 6,643,534.016,270,044,373.42943.7812/2034
Prairie IslandNorthern States Power Company (100.00%)
Red Wing Nuclear 6,223,529
Clay BoswellMinnesota Power (88.33%)WPPI Energy (11.67%)
Cohasset Coal 5,072,7405,374,574,539.341,059.5
Monticello Nuclear FacilityNorthern States Power Company (100.00%)
Monticello Nuclear 4,795,027
High BridgeNorthern States Power Company (100.00%)
St. Paul Natural Gas 2,569,317876,734,097.82341.23
Riverside (MN)Northern States Power Company (100.00%)
Minneapolis Natural Gas 2,564,087986,482,746.05384.73
Mankato Energy CenterMEC Holdings, LLC (100.00%)
Mankato Natural Gas 1,753,840707,472,049.05403.38
Allen S KingNorthern States Power Company (100.00%)
Oak Park Heights Coal 1,148,8291,136,471,300.28989.24
Nobles 2 Wind ProjectALLETE South Wind, LLC (49.00%)Tenaska Nobles 2 Holdings, LLC, (51.00%)
Nobles County Wind 943,179
Odell Wind FarmAlgonquin Power (100.00%)
Cottonwood County Wind 869,721
703 power plants total

Quick Facts

In the state of Minnesota, the usage of renewable fuels for electricity production has declined by 1.50% throughout the previous year.

Minnesota generates 14,627,869.79 megawatts from wind turbines. That is enough to rank it 9th in the nation for wind electricity generation.

The burning of natural gas in Minnesota yields a total of 14,666,705.22 megawatts of electricity, propelling the state into its ranking of 31st in the US for total natural gas production.

The state of Minnesota generates 710,069.37 megawatt hours from hydroelectric plants, which gives them a rank of 33rd highest hydroelectric production in the nation.

Minnesota ranks 12th highest in the United States for electricity per person produced from wind power. With total production of 14,627,869.79 megawatt hours from wind turbines and a state population of 5,717,184, the state averages 2.56 megawatt hours per citizen per year from wind power.

Nuclear power accounts for 11,018,556 megawatt hours a year in Minnesota, which is 1.93 megawatt hours per capita.

CountyPopulationProvidersPlantsResidential Rate (¢)Residential Avg. Electric Bill
Aitkin County15,747415.44$128.73/mo
Anoka County368,8644313.87$107.49/mo
Becker County34,9956112.55$150.79/mo
Beltrami County46,0335113.76$170.67/mo
Benton County41,08751515.96$131.94/mo
Big Stone County5,155511.82$193.55/mo
Blue Earth County69,63171715.07$143.98/mo
Brown County25,8948312.58$191.71/mo
Carlton County36,1455615.31$128.91/mo
Carver County110,03451715.11$133.93/mo
Cass County29,9177213.97$131.83/mo
Chippewa County12,50971112.06$212.72/mo
Chisago County56,32854116.12$121.45/mo
Clay County65,92981012.58$189.55/mo
Clearwater County8,525213.35$165.83/mo
Cook County5,5742214.79$144.40/mo
Cottonwood County11,4846713.07$186.90/mo
Crow Wing County67,9485113.28$111.15/mo
Dakota County443,34133314.41$100.71/mo
Dodge County20,79861715.61$127.03/mo
Douglas County38,7424512.36$147.92/mo
Faribault County13,9333614.84$150.99/mo
Fillmore County21,17910614.84$124.01/mo
Freeborn County30,8826614.71$131.61/mo
Goodhue County47,50352813.88$176.13/mo
Grant County6,0455112.05$159.55/mo
Hennepin County1,260,1214915.82$108.44/mo
Houston County18,8066115.38$152.80/mo
Hubbard County21,219513.09$146.23/mo
Isanti County40,6042515.11$126.76/mo
Itasca County44,9697416.48$132.90/mo
Jackson County10,01661011.04$145.02/mo
Kanabec County16,0042215.83$134.41/mo
Kandiyohi County43,50471113.44$150.88/mo
Kittson County4,213313.31$207.17/mo
Koochiching County12,2034215.14$145.99/mo
Lac qui Parle County6,753310.97$220.23/mo
Lake County10,8356114.65$133.36/mo
Lake of the Woods County3,757314.62$162.50/mo
Le Sueur County28,56781613.90$131.74/mo
Lincoln County5,65552411.73$199.08/mo
Lyon County25,47771311.74$199.36/mo
Mahnomen County5,429112.97$171.10/mo
Marshall County9,082813.35$196.43/mo
Martin County20,0708711.66$151.53/mo
McLeod County36,66261813.70$190.68/mo
Meeker County23,2685612.35$173.11/mo
Mille Lacs County26,3973115.67$128.58/mo
Morrison County33,8768313.28$118.76/mo
Mower County39,9856714.80$132.48/mo
Murray County8,22431212.35$219.51/mo
Nicollet County34,2956714.18$161.52/mo
Nobles County22,22371111.96$224.73/mo
Norman County6,5005112.32$205.71/mo
Olmsted County164,02041515.95$138.02/mo
Otter Tail County59,7284311.62$127.28/mo
Pennington County14,0632112.68$180.33/mo
Pine County28,9974215.75$132.35/mo
Pipestone County9,37032815.72$123.89/mo
Polk County31,30310212.78$193.85/mo
Pope County11,21651712.81$164.60/mo
Ramsey County536,4134416.40$102.38/mo
Red Lake County3,9212112.65$179.93/mo
Redwood County15,43551113.21$166.90/mo
Renville County14,76871413.08$233.72/mo
Rice County67,69362415.06$128.92/mo
Rock County9,7182611.94$178.58/mo
Roseau County15,321414.39$192.15/mo
Scott County154,52061014.19$126.84/mo
Sherburne County100,82452614.08$109.61/mo
Sibley County14,94810313.72$177.55/mo
St. Louis County199,53213615.27$136.15/mo
Stearns County160,40593612.54$143.07/mo
Steele County37,36351314.73$135.64/mo
Stevens County9,6694312.15$183.73/mo
Swift County9,8105112.22$183.95/mo
Todd County25,121612.21$141.53/mo
Traverse County3,362210.98$204.38/mo
Wabasha County21,4255615.92$127.61/mo
Wadena County14,009511.56$153.22/mo
Waseca County18,97281715.52$121.48/mo
Washington County275,91231616.08$103.15/mo
Watonwan County11,2233213.13$188.44/mo
Wilkin County6,495511.55$143.94/mo
Winona County49,88951315.59$143.75/mo
Wright County148,00362314.28$125.01/mo
Yellow Medicine County9,6165311.42$224.36/mo

Power Plant Fuel Types, Emissions & Pollution Factors

Minnesota's electricity generating facilities mainly use Natural Gas, which accounts for 14,666,705.22 megawatt hours (or 25.50%) of the fuel used for electricity generation in the state. Taken together with Wind (25.43%) and Coal (22.54%), the three fuel types make up 73.46% of the production in the state. The state is the 22nd highest ranked state when it comes to total CO2 pollution, with the state consuming enough electricity to account for 23,319,815,547.44 kilograms of CO2 emissions. The state also ranks 29th highest in pollution per resident, averaging 4,078.9 kilograms of CO2 emissions emissions per citizen. Minnesota has 703 power generation plants within the state. This is the 5th highest number of power plants within a state and the 3rd highest number of plants per capita in the country.

NATURAL GAS
Natural Gas
Natural Gas
Natural Gas
25.50%
WIND
Wind
Wind
Wind
25.43%
COAL
Coal
Coal
Coal
22.54%
NUCLEAR
Nuclear
Nuclear
19.15%
SOLAR
Solar
3.48%
OTHER
Other
3.91%

Minnesota Net Metering

Companies offering net metering in Minnesota include Northern States Power Company, Minnesota Power, and Otter Tail Power Company. At the state level, Minnesota has highly favorable laws and regulations for consumers interested in investing in personal solar.

Energy Loss

There are 42 companies in Minnesota that reported energy loss, including Northern States Power Company, Minnesota Power, and Connexus Energy. Combined, these 42 electricity companies average an annual energy loss of 3.21% of electricity produced. The countrywide average is 2.87%, resulting in Minnesota receiving a rank of 26th best in the nation for energy loss efficiency.

Solar Taxes And Rebates

States that want to support home installs of solar can do this by enacting solar related tax and rebate incentives. Minnesota, unfortunately, has no statewide tax credits offered to residents who install solar panels. The state has no overarching rebate program, but local rebates are available to many citizens who wish to install private solar. Fortunately, Minnesota offers a 100% tax exemption to homeowners. at their home. There is currently a 100% sales tax exemption in place for the purchase of private solar at a home.

State Level Initiatives

State level legislation plays a huge part in determining whether a state is friendly towards customers searching for renewable energy sources. Renewable Portfolio Standards (RPS) encourage or require electricity suppliers to produce a certain amount of their electricity from green fuels. Minnesota has taken the initiative to create an RPS program that requires between 16-24% of electricity creation to be fueled by renewable fuels. Additionally, the state has a low income solar program in place to help low income households installing solar panels.

Learn about going solar in Minnesota, find out which system size is best for you, compare local installers and see which incentives are available in your area.

FAQ: Common Questions About Electricity in Minnesota

Where does Minnesota get its electricity?

The primary fuel source used for electricity generation in Minnesota is Natural Gas, making up 25.50% of the fuel used in the state. Additionally, Wind accounts for 25.43% and Coal accounts for 22.54%.

How much does electricity cost in Minnesota?

The average cost per kilowatt hour of electricity in Minnesota in 2024 is 14.67 cents.

Which electricity company is the largest provider in Minnesota?

By total megawatt hours sold, Northern States Power Company is the largest electricity supplier in Minnesota.

How many power plants are in Minnesota?

There are 703 active electricity plants in Minnesota.

What power companies offer service in Minnesota?

What is the average electric bill in Minnesota?

The average electricity bill in Minnesota in 2024 is $112 while the countrywide average is $138.

How many electric companies offer service in Minnesota?

Minnesota has 166 electricity suppliers operating in the area.

Does Minnesota have a deregulated electricity market?

Minnesota has a regulated electricity market, rather than a deregulated market. This means that consumers in the state usually have only one or two electricity provider options when it comes time to choose who they purchase electricity from.

What is the cheapest electricity company in Minnesota?

Matt Hope
Last Reviewed By: Matt Hope
Published: 2024-04-02