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Minnesota electricity prices, February 2025

Average price, sales and bills for the month against the same month a year earlier and the US. Preliminary

In February 2025, residential customers in Minnesota paid an average of 14.60¢ per kilowatthour, little changed on the same month a year earlier (14.58¢). The US average for the month was 16.43¢; Minnesota was 11% below that. It ranked 28th highest among the 50 states and the District of Columbia.

Residential sales were 2,136,278 MWh, up 15.0% on a year earlier, and the average residential bill for the month was $119.66 on 820 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.

14.60¢residential, per kWh+0.1% on Feb 2024
$119.66average residential bill for the monthon 820 kWh
2.1 TWhresidential sales+15.0% on a year earlier
28thhighest residential price of 51US 16.43¢

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

SectorFeb 2025Feb 2024ChangeUS, Feb 2025
Residential14.60¢14.58¢+0.1%16.43¢
Commercial11.60¢11.66¢-0.5%12.98¢
Industrial9.22¢8.94¢+3.1%8.24¢
All sectors12.15¢11.88¢+2.3%13.18¢

Sales and customers

MeasureFeb 2025Feb 2024Change
Residential sales2.1 TWh1.9 TWh+15.0%
Sales, all sectors5.4 TWh5.2 TWh+3.7%
Residential customers2,606,5242,564,578+1.6%
Average residential bill$119.66$105.55+13.4%
Average residential use, kWh820724+13.3%
US residential price16.43¢16.10¢+2.0%

The two years to February 2025

0¢5¢10¢15¢20¢Feb 2023Jun 2023Oct 2023Feb 2024Jun 2024Oct 2024Feb 2025

Minnesota residentialUS residential

Cents per kWh, Form EIA-861M.
← January 2025March 2025 →

Questions and answers

What was the average electricity price in Minnesota in February 2025?

14.60¢ per kilowatthour for residential customers, 11.60¢ for commercial and 9.22¢ for industrial customers. EIA marks the month as preliminary.

How does that compare with a year earlier?

The residential average was 14.58¢ in February 2024, a change of +0.1%. Residential sales changed by +15.0% over the same period.

What was the average residential bill that month?

$119.66, on average use of 820 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.