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Minnesota electricity rates

Updated October 7, 2026

16.0¢per kWh, customer-weighted average3% lower than the U.S. average

$108average monthly bill

0utilities with a pending rate case

Utilities in Minnesota

Filter utilities

Utility	¢/kWh	Homes	Avg bill
Xcel Energy Minnesota Investor Owned	16.98	1,230,057	$100
Connexus Energy Cooperative	13.66	134,095	$105
ALLETE Investor Owned	15.66	125,896	$102
Dakota Electric Association Cooperative	14	108,097	$100
East Central Energy Cooperative	16.89	55,250	$138
Rochester Public Utilities Municipal	17.91	54,943	$100
Wright-Hennepin Coop Elec Assn Cooperative	14.59	53,714	$131
Otter Tail Power Investor Owned	11.33	50,118	$95
Lake Country Power Cooperative	17.9	47,204	$148
Crow Wing Cooperative Power & Light Comp Cooperative	13.33	44,698	$108
Minnesota Valley Electric Coop Cooperative	13.98	43,412	$132
Lake Region Electric Cooperative Cooperative	13.28	27,239	$132
Stearns Cooperative Elec Assn Cooperative	13.88	26,138	$167
People's Cooperative Services Cooperative	16.7	21,665	$146
Beltrami Electric Coop Cooperative	14.4	20,732	$159
Shakopee Public Utilities Comm Municipal	15.54	18,517	$97
BENCO Electric Cooperative Cooperative	15.03	18,361	$142
City of Moorhead Municipal	11.38	18,180	$93
Freeborn Mower Electric Cooperative Cooperative	15.15	17,842	$128
MiEnergy Cooperative Cooperative	16.56	15,224	$154
Mille Lacs Energy Cooperative Cooperative	17.58	14,546	$123
Runestone Electric Assn Cooperative	14.36	14,282	$161
Wild Rice Electric Coop Cooperative	14.35	13,948	$168
City of Elk River Municipal	15.83	11,776	$116
City of Anoka Municipal	15.88	11,646	$87
City of Owatonna Municipal	15.27	11,434	$96
Itasca-Mantrap -op Electrical Assn Cooperative	13.44	11,200	$122
City of Chaska Municipal	16.28	10,954	$105
City of Austin Municipal	15.34	10,795	$92
Steele-Waseca Cooperative Electric Cooperative	15.63	10,725	$147

Rate cases in Minnesota

Xcel Energy Minnesota Approved
About +$6/month on a typical bill. Xcel asked for $353 million (9.6%) in 2025 plus $137.5 million (3.6%) in 2026; the PUC on June 18, 2026 (written order July 31, 2026) approved $82.9 million (2.3%) for 2025 and $127.3 million (3.4%) for 2026, about 5.8% total and nearly 60% below the request. Customers paid a 5.2% interim increase since January 2025 and will receive refunds for the difference; residential dollar impact to be confirmed in a compliance filing. Order also cut ROE to 9.6%, lowered late fees and created an arrears management program.