States › Minnesota › January 2025
Minnesota electricity prices, January 2025
Average price, sales and bills for the month against the same month a year earlier and the US. Preliminary
In January 2025, residential customers in Minnesota paid an average of 14.51¢ per kilowatthour, up 1.9% on the same month a year earlier (14.24¢). The US average for the month was 15.94¢; Minnesota was 9.0% below that. It ranked 25th highest among the 50 states and the District of Columbia.
Residential sales were 2,375,375 MWh, up 4.4% on a year earlier, and the average residential bill for the month was $132.28 on 911 kWh. Weather moves monthly sales far more than prices do, so bills swing with the season.
EIA marks this month as preliminary. Preliminary months come from the Form EIA-861M sample and are revised when the annual census is complete.
Average price is revenue divided by sales for the sector and year; it is not a tariff rate. Reliability figures are as reported by utilities to EIA on Form 861 and may use different calculation methods. Monthly figures come from the Form EIA-861M sample and are revised when EIA finalises the year.
Price by sector
| Sector | Jan 2025 | Jan 2024 | Change | US, Jan 2025 |
|---|---|---|---|---|
| Residential | 14.51¢ | 14.24¢ | +1.9% | 15.94¢ |
| Commercial | 11.56¢ | 11.46¢ | +0.9% | 12.82¢ |
| Industrial | 9.08¢ | 9.16¢ | -0.9% | 8.34¢ |
| All sectors | 12.06¢ | 11.90¢ | +1.3% | 13.09¢ |
Sales and customers
| Measure | Jan 2025 | Jan 2024 | Change |
|---|---|---|---|
| Residential sales | 2.4 TWh | 2.3 TWh | +4.4% |
| Sales, all sectors | 6 TWh | 5.9 TWh | +3.0% |
| Residential customers | 2,606,048 | 2,567,228 | +1.5% |
| Average residential bill | $132.28 | $126.22 | +4.8% |
| Average residential use, kWh | 911 | 887 | +2.7% |
| US residential price | 15.94¢ | 15.41¢ | +3.4% |
The two years to January 2025
Minnesota residentialUS residential
Questions and answers
What was the average electricity price in Minnesota in January 2025?
14.51¢ per kilowatthour for residential customers, 11.56¢ for commercial and 9.08¢ for industrial customers. EIA marks the month as preliminary.
How does that compare with a year earlier?
The residential average was 14.24¢ in January 2024, a change of +1.9%. Residential sales changed by +4.4% over the same period.
What was the average residential bill that month?
$132.28, on average use of 911 kWh. This is residential revenue divided by residential customers for the month.
Provenance
Source: U.S. Energy Information Administration, Form EIA-861M sales and revenue workbook (state by sector and month), status "Preliminary" for this month, series published through July 2026. Public domain. Price = revenue ÷ sales; bill = residential revenue ÷ residential customers. Utility-level annual figures are on the Minnesota page.