Minnesota Electricity Rates (2026)

14.2¢/kWhstate average

12.3% below national average

Utilities in Minnesota

Xcel Energy (Northern States Power)

14.2¢/kWh~$112/mo

+9.1%12.3% below avgModerate DC Demand

Rate Outlook for Minnesota

How Accurate Were Past Forecasts?

EIA projections for Minnesota vs. actual observed rates

Data Sources: U.S. Energy Information Administration — Annual Energy Outlook (AEO2010, AEO2015, AEO2020, AEO2025) and Monthly Energy Review.

Methodology: State-level projections are derived by applying national rate trends from EIA's Annual Energy Outlook to Minnesota's current observed rate. EIA does not publish state-level projections.

Freshness: This data is checked weekly against EIA's open data APIs. The Monthly Energy Review updates monthly with observed rates. The Annual Energy Outlook publishes new projections annually.

View source data at EIA Open Data