Minnesota
Electricity costs 15.82¢/kWh residential, ranking #29 cheapest in the US. 32.6% renewable energy.
15.82¢
Residential Rate
#29
Price Rank (Cheapest)
32.6%
Renewable Energy
#18
Renewable Rank
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Electricity Rates
| Residential | 15.82¢/kWh |
| Commercial | 12.27¢/kWh |
| Industrial | 9.32¢/kWh |
| National Average | 17.92¢/kWh |
Electricity Generation Mix
Natural Gas
27.1%
Wind
25.2%
Nuclear
20.2%
Coal
19.5%
Solar
3.9%
Other
2.6%
Hydro
1.5%
Frequently Asked Questions
The residential electricity rate in Minnesota is 15.82¢ per kilowatt-hour, ranking #29 cheapest out of 51 states. The national average is 17.92¢/kWh, making Minnesota 12% below average.
32.6% of Minnesota's electricity comes from renewable sources, ranking #18 among all states. The largest generation source is Natural Gas at 27.1%.
Minnesota's residential rate of 15.82¢/kWh is 12% below the national average of 17.92¢/kWh. Commercial rates are 12.27¢/kWh and industrial rates are 9.32¢/kWh.
Related State Energy Profiles
15.37¢/kWh residential · 61.4% renewable
15.41¢/kWh residential · 7.0% renewable
15.47¢/kWh residential · 29.4% renewable
15.85¢/kWh residential · 41.3% renewable
16.10¢/kWh residential · 9.0% renewable
22.92¢/kWh residential · 99.8% renewable
Electricity rates from EIA retail sales data. Prices in cents per kilowatt-hour. Generation mix from EIA electric power operational data. Rankings based on residential rates.
Residential electricity in Minnesota runs 15.82¢/kWh, 12% below the 17.92¢/kWh national average and the 29th cheapest of 51 states and territories.
Across rate classes, commercial customers pay 12.27¢/kWh and industrial customers 9.32¢/kWh — a 2.95¢/kWh gap that reflects the volume discounts large industrial loads receive. Renewables account for 32.6% of generation in Minnesota (18th highest nationally). The largest single source is natural gas at 27.1%, followed by wind at 25.2%.
In 2024, Minnesota generated about 58,595 GWh of electricity in total.
Source: U.S. Energy Information Administration, 2026.