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

Northern States Power Co. - Minnesota electricity rates

Northern States Power Co. - Minnesota (investor owned) residential customers paid about 17.3¢ per kWh (Jan–Aug 2026) — an average bill of $100 for 588 kWh a month.

Avg. home price17.3¢per kWh
Residential customers1,230,057MN, 2024
Avg. monthly use588kWh
Commercial12.8¢per kWh
Industrial9.7¢per kWh

What a month costs with Northern States Power Co. - Minnesota

500 kWh / month$86
900 kWh / month$155
1,200 kWh / month$207

Monthly cost at the average price of 17.3¢ 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. averageNorthern States Power Co. - Minnesota 11¢13¢15¢17¢19¢20222023202420252026Minnesota averageU.S. averageNorthern States Power Co. - Minnesota
Minnesota averageU.S. averageNorthern States Power Co. - Minnesota
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.

By state

StateHome price (2024)Avg. billCustomers
Minnesota17.0¢$1001,230,057
South Dakota13.9¢$10392,204
North Dakota12.1¢$8982,987

ZIP codes served

55001Afton55003Bayport55005Bethel55009Cannon Falls55010Castle Rock55011Cedar55012Center City55013Chisago City55014Circle Pines55016Cottage Grove55018Dennison55019Dundas55020Elko New Market55021Faribault55024Farmington55025Forest Lake55026Frontenac55027Goodhue55030Grasston55031Hampton55032Harris55033Hastings55036Henriette55037Hinckley55038Hugo55040Isanti55041Lake City55042Lake Elmo55043Lakeland55044Lakeville55045Lindstrom55046Lonsdale55047Marine On Saint Croix55049Medford55052Morristown55053Nerstrand55054Elko New Market55055Newport55056North Branch55057Northfield55060Owatonna55063Pine City55065Randolph55066Red Wing55068Rosemount55069Rush City55070Saint Francis55071Saint Paul Park55072Sandstone55073Scandia55074Shafer55075South Saint Paul55076Inver Grove Heights55077Inver Grove Heights55078Stacy55079Stacy55082Stillwater55083Stillwater55084Taylors Falls55085Vermillion55087Warsaw55088Webster55089Welch55092Wyoming55101Saint Paul55102Saint Paul55103Saint Paul55104Saint Paul55105Saint Paul55106Saint Paul55107Saint Paul55108Saint Paul55109Saint Paul55110Saint Paul55111Saint Paul55112Saint Paul55113Saint Paul55114Saint Paul55115Saint Paul55116Saint Paul55117Saint Paul55118Saint Paul55119Saint Paul55120Saint Paul55121Saint Paul55122Saint Paul55123Saint Paul55124Saint Paul55125Saint Paul55126Saint Paul55127Saint Paul55128Saint Paul55129Saint Paul55130Saint Paul55131Saint Paul55133Saint Paul55145Saint Paul55146Saint Paul55150Mendota55164Saint Paul55170Saint Paul55301Albertville55302Annandale55303Anoka55304Andover55305Hopkins55306Burnsville55307Arlington55308Becker55309Big Lake55310Bird Island55311Maple Grove55312Brownton55313Buffalo55314Buffalo Lake55315Carver55316Champlin55317Chanhassen55318Chaska55319Clear Lake55320Clearwater55321Cokato55322Cologne55323Crystal Bay55324Darwin55325Dassel55327Dayton55328Delano55329Eden Valley55330Elk River55331Excelsior55332Fairfax55333Franklin55334Gaylord55335Gibbon55336Glencoe55337Burnsville55338Green Isle55339Hamburg55340Hamel55341Hanover55342Hector55343Hopkins55344Eden Prairie55345Minnetonka55346Eden Prairie55347Eden Prairie55349Howard Lake55350Hutchinson55352Jordan

and 617 more.

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 Northern States Power Co. - Minnesota’s electricity rate?

About 17.3¢ per kWh for residential customers (Jan–Aug 2026 average, EIA-861M), including fixed charges spread over usage.

What is the average Northern States Power Co. - Minnesota electric bill?

$100 a month in 2024, for an average of 588 kWh (EIA-861).

Is Northern States Power Co. - Minnesota cheaper than the Minnesota average?

No: 17.3¢ versus the Minnesota average of 17.2¢ (Aug 2026).