Utility Check
Regulated Market

Minnesota Electricity Rates

Compare rates from 2 utilities serving Minnesota. Find the best rates and learn how to save on your electricity bill.

Avg. Rate

13.8¢/kWh

Lowest Rate

13.2¢/kWh

Highest Rate

14.5¢/kWh

Customers

1.3M

Minnesota Utilities
2 utilities ranked by average electricity rate
1

Minnesota Power

Lowest Rate

145,000 customers

Budget BillingRenewable Programs

13.2¢/kWh

+2.5% YoY
18% below

national avg

Service Areas:

Duluth
2

Xcel Energy Minnesota

1.3 million customers

Time-of-Use RatesBudget BillingWind Energy

14.5¢/kWh

+3.8% YoY
9% below

national avg

Service Areas:

MinneapolisSt. Paul
Market Overview

This state operates a regulated electricity market where your local utility provides both delivery and supply. Rates are set by the state public utility commission.

Money-Saving Tips
  • •Enroll in Budget Billing to spread costs evenly throughout the year
  • •Check for utility rebate programs on efficient appliances
  • •Review your rate plan options - you may qualify for lower rates
  • •Contact your utility about assistance programs if you're struggling to pay
Assistance Programs
  • 1Low Income Home Energy Assistance Program (LIHEAP)
  • 2Weatherization Assistance Program

Verify Your Bill

Upload your Minnesota utility bill for a detailed rate analysis and personalized savings recommendations.

Frequently Compared: Minnesota City Rates

Compare electricity rates and utility providers across popular Minnesota cities. Each city guide includes rate plans, bill breakdowns, and local assistance programs.

Minneapolis

Xcel Energy

St. Paul

Xcel Energy

Bloomington

Xcel Energy

Rochester

Xcel Energy

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