Data · April 2026 · 304-month history

Minnesota Electricity Prices

Homes in Minnesota paid an average of 16.39¢ per kilowatt-hour for electricity in April 2026. Rates there are 15.2% cheaper than the 19.32¢ U.S. average. Prices have risen 8.7% year over year. For a household near the U.S. average of 10,500 kWh a year, that works out to about $1,721 annually — which is what a solar array would aim to cut.

What we measure: Average residential retail price of electricity published by the EIA for the state, in cents per kilowatt-hour — a statewide monthly average, not a personalized utility tariff or the rate any single household pays. EIA publishes state retail-price data on a lag of roughly two to three months; the latest period shown reflects that lag.