EIA data through August 2026 · updated 2026-10-29

Adjustment 2024 electricity rates

Adjustment 2024 residential customers paid about 14.1¢ per kWh (2024 average) — an average bill of $123 for 871 kWh a month.

Avg. home price14.1¢per kWh
Residential customers251,565MN, 2024
Avg. monthly use871kWh
Commercial11.3¢per kWh
Industrial9.9¢per kWh

What a month costs with Adjustment 2024

500 kWh / month$70
900 kWh / month$127
1,200 kWh / month$169

Monthly cost at the average price of 14.1¢ per kWh. Real bills add or subtract fixed charges, tiers, time-of-use and fuel adjustments.

Price trend

11¢13¢15¢17¢19¢20222023202420252026Minnesota averageU.S. average 11¢13¢15¢17¢19¢20222023202420252026Minnesota averageU.S. average
Minnesota averageU.S. average
Aug 202617.2¢per kWh
vs. 1 year ago+1.8%16.9¢
vs. 5 years ago+22.8%14.0¢
Record high17.5¢Jun 2026
Avg. home bill$145844 kWh, Aug
EIA forecast, West North Central13.1¢Dec 2027

Hover or tap the chart for exact monthly values. Source: EIA-861M (monthly, latest months preliminary); forecast: EIA Short-Term Energy Outlook (October 2026) for the West North Central region, which includes Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota, South Dakota.

EIA publishes monthly figures only for larger utilities; this one reports yearly, so the chart shows the state.

By state

StateHome price (2024)Avg. billCustomers
Minnesota14.1¢$123251,565
Iowa13.0¢$130205,531
Missouri13.7¢$138202,297
Kansas15.4¢$129201,994
Wisconsin15.8¢$126170,766
Ohio15.0¢$140158,141
Indiana14.5¢$148158,037
Nebraska12.1¢$125148,124
Georgia13.8¢$144141,355
North Carolina14.2¢$135135,513
Texas12.6¢$155108,312
Oklahoma12.5¢$111104,410
Utah12.5¢$9597,407
Illinois16.4¢$20392,730
South Dakota12.4¢$16285,708
Pennsylvania17.5¢$15482,058
Michigan15.1¢$9180,712
Montana12.2¢$12378,442
South Carolina15.8¢$15971,136
Virginia14.6¢$15170,076
Oregon12.1¢$12862,653
Washington11.4¢$12362,548
Alabama14.4¢$14461,619
New Mexico16.2¢$10046,439
Wyoming15.3¢$10639,894
Vermont20.5¢$12239,156
Louisiana11.6¢$13137,455
Colorado16.2¢$20337,084
Mississippi13.4¢$13136,250
Idaho10.0¢$11634,854
New York8.4¢$40029,682
Kentucky11.4¢$11129,228
Arkansas12.4¢$13725,649
Alaska30.7¢$18125,355
North Dakota12.3¢$13623,746
Massachusetts19.3¢$1,17022,960
Delaware16.9¢$17913,026
West Virginia16.4¢$1259,785
Maine14.5¢$1127,901
Florida12.3¢$6277,145
District of Columbia17.7¢$8423,674
New Hampshire15.3¢$2001,954

Averages, not a quote. Prices here are what each utility’s residential customers paid on average (revenue ÷ kWh sold, fixed charges included), as reported to the U.S. Energy Information Administration. Your own rate depends on your plan, season and usage — check your bill or your utility’s tariff.

Questions

What is Adjustment 2024’s electricity rate?

About 14.1¢ per kWh for residential customers (2024 average, EIA-861), including fixed charges spread over usage.

What is the average Adjustment 2024 electric bill?

$123 a month in 2024, for an average of 871 kWh (EIA-861).

Is Adjustment 2024 cheaper than the Minnesota average?

Yes: 14.1¢ versus the Minnesota average of 17.2¢ (Aug 2026).