Electricity cost in Minnesota

The average residential electric rate in Minnesota is 16.39¢ per kWh as of 2026-04 (EIA). Over the past year it peaked at 17.12¢ in 2025-06 and bottomed at 14.96¢ in 2025-12.

Monthly average rate, last 12 reported months

Month¢/kWh
2025-0515.84¢
2025-0617.12¢
2025-0716.92¢
2025-0816.91¢
2025-0917.1¢
2025-1016.37¢
2025-1115.67¢
2025-1214.96¢
2026-0114.98¢
2026-0215.39¢
2026-0315.08¢
2026-0416.39¢

Averages hide your utility's actual tariff — the calculator takes your real rate, fees, and taxes, and can model seasonal costs per appliance.

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