Electricity Price per kWh in Minnesota

This page shows the latest statewide residential electricity price per kWh for Minnesota, along with usage-based cost estimates and national comparison context.

Current average rate
16.04 ¢/kWh
Estimated 1000 kWh cost
$160.40
Data period
February 2026
Published monthly

Key metrics

MetricValue
Current average rate16.04 ¢/kWh
Estimated 1000 kWh cost$160.40
Data periodFebruary 2026

How Minnesota compares nationally

Minnesota rate
16.04 ¢/kWh
U.S. average
17.57 ¢/kWh
Difference
-8.7%
Category
close to national average

Minnesota is below the U.S. average by 1.53¢ per kWh.

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Source & Method

Source: U.S. Energy Information Administration (EIA) Retail Sales of Electricity. Last dataset period: February 2026. Costs are energy-only estimates and exclude delivery charges, taxes, and fixed utility fees.

Disclaimers