Average Electric Bill in Minnesota
Residential · 12-month average, September 2025 – August 2026.
That works out to about $1,451 a year. Among the 50 states and DC, Minnesota has the 44th highest average residential bill.
Data current through August 2026 — the latest available from the U.S. EIA, which publishes monthly figures on a roughly two-month delay.
What makes up the bill
Price × usage = bill, exactly: 16.25¢/kWh × 744 kWh ≈ $121. A state can land high on either factor — Minnesota is below the U.S. average on both.
Compared with nearby states
| Minnesota | $121 | |
|---|---|---|
| U.S. average | $158 | |
| South Dakota | $141 | |
| North Dakota | $133 | |
| Wisconsin | $125 | |
| Iowa | $121 |
Minnesota is $37 a month below (-23.7%) the U.S. average of $158. Neighboring states share fuel mixes, weather, and often a grid operator, which makes them a closer benchmark than the national average.
Trend since 2008
Each point is a trailing 12-month average, which strips out the summer/winter swing and leaves the underlying trend. Bills start in January 2008 because that is when EIA began reporting customer counts.
Seasonal swing
- Highest month
- $169
- July 2026
- Lowest month
- $100
- November 2025
- Swing
- $69
- peak minus low
- Latest month
- $145
- August 2026
Actual bills are far from flat: Minnesota peaks in July 2026 and bottoms out in November 2025. The headline figure above is the average across all twelve months.
Minnesota electricity bills in context
The average monthly electricity bill in Minnesota from September 2025 through August 2026 was $121, ranking 44th among the 50 states and DC. This sits well below the national average of $158, a difference of $37 per month. Minnesota's lower bill stems from two factors working in tandem: the state's price of 16.25¢/kWh runs 1.82¢/kWh below the national average of 18.07¢/kWh, and households use less electricity, averaging 744 kWh per month against the national average of 876 kWh.
Over the past year, Minnesota's bill climbed 4.8%, rising from $115 to $121. The longer trajectory shows steeper growth: since August 2021, the bill has climbed 15.8% from $104, and since records began in December 2008, it has risen 52% from $80. Seasonally, bills swing sharply, reaching a peak of $169 in July 2026 and dropping to a low of $100 in November 2025, a spread of $69 around the twelve-month average.
Compared with neighboring states, Minnesota's bill matches Iowa's $121 exactly, sits below Wisconsin at $125 and North Dakota at $133, and runs well under South Dakota at $141. The state occupies a middle ground among its region, neither the cheapest nor the most expensive to power an average home.
Written from the EIA figures on this page, covering data through August 2026.
Frequently asked questions
›How much is the average electric bill in Minnesota?
›Is the electric bill in Minnesota higher than the national average?
›Why is electricity relatively cheap in Minnesota?
›When is the electric bill highest in Minnesota?
›How does Minnesota compare with neighboring states?
How this is calculated
EIA’s retail-sales dataset reports, for every state and month, total residential revenue and the number of residential customers served. The average monthly bill is simply the first divided by the second — total spending across all households, spread evenly over all accounts.
bill = revenue ÷ customers · averaged over 12 months (September 2025 – August 2026)
Two caveats worth knowing. It is an average, so it blends apartments with large houses — a typical household in Minnesota may pay well above or below $121. And it counts what was actually billed for electricity, including fixed service charges, so it is not the same as multiplying your own usage by the advertised rate.
Looking for the rate rather than the bill? See Minnesota electricity prices by sector.