Minnesota electric bills: $145/month (August 2026)

Updated with August 2026 data · Editor: Otto Pop · Methodology

$145/month
Average residential electric bill, Minnesota, August 2026
17.20¢/kWh · 844 kWh/month · rank 9 of 51 (1 = cheapest)
12-month average: $121/month (12 months to August 2026)
Source: EIA, Aug 2026

Minnesota households paid an average of $145 a month for electricity in August 2026, based on U.S. Energy Information Administration data. That is 5.1% higher than August 2025, and it ranks Minnesota 9th of 51 from the lowest average bill.

How much is the average electric bill in Minnesota?

In August 2026, a typical Minnesota home used 844 kWh and paid 17.20¢/kWh, for an average bill of $145. Use was below the U.S. average of 1,152 kWh. Enter your own figures in the calculator.

Estimated bill: $145 a month, $1,740 a year if every month matched this one

Defaults are the Minnesota averages for August 2026 (EIA). Use changes with the seasons: the actual average bills for the 12 months to August 2026 added up to $1,454. Enter the use and price from your own bill for a personal estimate. EIA's average price already spreads fixed customer charges across every kWh; your utility's own fixed charge and rate plan can differ.

How have Minnesota electricity prices changed?

Minnesota's price went from 14.30¢/kWh in September 2021 to 17.20¢/kWh, 20.3% higher. It bottomed at 12.84¢/kWh in January 2022 and reached a five-year high of 17.52¢/kWh (June 2026).

Average residential electricity price in Minnesota, last 12 months
14.6¢15.4¢16.2¢17.0¢17.8¢Sep 2025Dec 2025Mar 2026Jun 2026
Show the numbers
Average residential electricity price in Minnesota, last 12 months
MonthValue
Sep 202517.07¢/kWh
Oct 202516.34¢/kWh
Nov 202515.65¢/kWh
Dec 202514.94¢/kWh
Jan 202614.96¢/kWh
Feb 202615.37¢/kWh
Mar 202615.69¢/kWh
Apr 202616.39¢/kWh
May 202616.95¢/kWh
Jun 202617.52¢/kWh
Jul 202617.45¢/kWh
Aug 202617.20¢/kWh

Source: EIA, residential electricity data, Sep 2025–Aug 2026

Average residential electricity price in Minnesota, last 5 years
12.3¢13.7¢15.2¢16.6¢18.1¢Sep 2021Sep 2022Sep 2023Sep 2024Sep 2025
Show the numbers
Average residential electricity price in Minnesota, last 5 years
MonthValue
Sep 202114.30¢/kWh
Oct 202114.11¢/kWh
Nov 202113.54¢/kWh
Dec 202112.89¢/kWh
Jan 202212.84¢/kWh
Feb 202213.28¢/kWh
Mar 202213.49¢/kWh
Apr 202213.96¢/kWh
May 202214.60¢/kWh
Jun 202215.10¢/kWh
Jul 202215.25¢/kWh
Aug 202215.26¢/kWh
Sep 202215.53¢/kWh
Oct 202215.07¢/kWh
Nov 202214.18¢/kWh
Dec 202213.15¢/kWh
Jan 202313.25¢/kWh
Feb 202313.63¢/kWh
Mar 202313.94¢/kWh
Apr 202314.71¢/kWh
May 202315.32¢/kWh
Jun 202315.68¢/kWh
Jul 202315.60¢/kWh
Aug 202315.61¢/kWh
Sep 202315.44¢/kWh
Oct 202315.45¢/kWh
Nov 202314.52¢/kWh
Dec 202314.09¢/kWh
Jan 202414.24¢/kWh
Feb 202414.58¢/kWh
Mar 202414.88¢/kWh
Apr 202415.26¢/kWh
May 202415.86¢/kWh
Jun 202416.54¢/kWh
Jul 202416.50¢/kWh
Aug 202416.45¢/kWh
Sep 202416.45¢/kWh
Oct 202415.96¢/kWh
Nov 202415.01¢/kWh
Dec 202414.10¢/kWh
Jan 202514.51¢/kWh
Feb 202514.60¢/kWh
Mar 202515.09¢/kWh
Apr 202515.08¢/kWh
May 202515.82¢/kWh
Jun 202517.32¢/kWh
Jul 202516.90¢/kWh
Aug 202516.89¢/kWh
Sep 202517.07¢/kWh
Oct 202516.34¢/kWh
Nov 202515.65¢/kWh
Dec 202514.94¢/kWh
Jan 202614.96¢/kWh
Feb 202615.37¢/kWh
Mar 202615.69¢/kWh
Apr 202616.39¢/kWh
May 202616.95¢/kWh
Jun 202617.52¢/kWh
Jul 202617.45¢/kWh
Aug 202617.20¢/kWh

Source: EIA, residential electricity data, Sep 2021–Aug 2026

How does Minnesota compare with other states?

Minnesota ranked 9th of 51, 30.6% lower than the U.S. average of $209 in August 2026. North Dakota averaged $130 and Iowa $149.

RankStateAvg. bill¢/kWhkWh/month
1Wyoming$11814.43821
2Washington$12014.63819
3Montana$12215.57784
4North Dakota$13013.31979
5Oregon$13515.92847
6Idaho$13713.371,026
7Alaska$13929.41473
8Vermont$14223.84596
9Minnesota$14517.20844
10Wisconsin$14819.41761
11Iowa$14917.06872
12Nebraska$15513.541,144
…
47Oklahoma$25114.821,696
48Alabama$25416.331,555
49Texas$26615.911,670
50Arizona$26915.051,789
51Hawaii$26947.18570

1 = lowest average monthly bill. 50 states and DC.

StateAvg. bill¢/kWhvs. Minnesota
Minnesota$14517.20—
Iowa$14917.06+2.8%
North Dakota$13013.31-10.3%
South Dakota$16015.15+10.3%
Wisconsin$14819.41+2.1%

What is behind Minnesota's electric bills?

  • Summer peak: $169 in July 2026, against $100 in November 2025.
  • Over 12 months: $1,454.
  • Bill versus price: The bill was 5.1% higher than August 2025 and the price per kWh 1.8% higher, so homes used more electricity than a year earlier.

Frequently asked questions

How much is the average electric bill in Minnesota?

The average residential electric bill in Minnesota was $145 a month in August 2026, based on EIA data. That assumes the state's average use of 844 kWh at 17.20¢/kWh. Because use changes with the seasons, the average over the 12 months to August 2026 is a steadier guide: $121 a month.

How much does electricity cost in Minnesota?

Residential customers in Minnesota paid an average of 17.20¢/kWh in August 2026, 1.8% higher than a year earlier.

Is electricity in Minnesota more expensive than the U.S. average?

In August 2026 the average Minnesota electric bill was $145, 30.6% lower than the U.S. average of $209. Minnesota ranked 9th of 51 from the lowest average bill (the 50 states and the District of Columbia).

How much electricity does a typical Minnesota home use?

A typical residential customer in Minnesota used 844 kWh in August 2026, calculated as total residential sales divided by the number of residential customers reported to EIA.

How much does a Minnesota household spend on electricity in a year?

Adding up the last 12 monthly average bills gives about $1,454 a year for a typical Minnesota household (12 months to August 2026). The highest month was July 2026 at $169; the lowest was November 2025 at $100.

Methodology, sources and updates

The average bill is the EIA average residential price multiplied by average monthly use per residential customer. EIA's price is residential revenue divided by kWh sold, so the fixed customer charges utilities bill are already spread across every kWh; your own fixed charge, rate plan and taxes can differ. Read the full methodology.

  • — Updated with EIA data for August 2026.
  • — Updated with EIA residential retail sales data for July 2026.

General information based on public data, not financial advice. Your own bill depends on your utility, rate plan, fixed charge, use and any taxes added to it. Spotted an error? Tell us and we will correct it publicly.