States › Minnesota › March 2025
Minnesota electricity prices, March 2025
Average price, sales and bills for the month against the same month a year earlier and the US. Preliminary
In March 2025, residential customers in Minnesota paid an average of 15.09¢ per kilowatthour, up 1.4% on the same month a year earlier (14.88¢). The US average for the month was 17.09¢; Minnesota was 12% below that. It ranked 27th highest among the 50 states and the District of Columbia.
Residential sales were 1,890,959 MWh, up 5.1% on a year earlier, and the average residential bill for the month was $109.42 on 725 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 | Mar 2025 | Mar 2024 | Change | US, Mar 2025 |
|---|---|---|---|---|
| Residential | 15.09¢ | 14.88¢ | +1.4% | 17.09¢ |
| Commercial | 11.87¢ | 11.79¢ | +0.7% | 13.16¢ |
| Industrial | 9.03¢ | 9.01¢ | +0.2% | 8.26¢ |
| All sectors | 12.15¢ | 11.96¢ | +1.6% | 13.23¢ |
Sales and customers
| Measure | Mar 2025 | Mar 2024 | Change |
|---|---|---|---|
| Residential sales | 1.9 TWh | 1.8 TWh | +5.1% |
| Sales, all sectors | 5.4 TWh | 5.3 TWh | +1.9% |
| Residential customers | 2,608,732 | 2,569,279 | +1.5% |
| Average residential bill | $109.42 | $104.19 | +5.0% |
| Average residential use, kWh | 725 | 700 | +3.6% |
| US residential price | 17.09¢ | 16.67¢ | +2.5% |
The two years to March 2025
Minnesota residentialUS residential
Questions and answers
What was the average electricity price in Minnesota in March 2025?
15.09¢ per kilowatthour for residential customers, 11.87¢ for commercial and 9.03¢ for industrial customers. EIA marks the month as preliminary.
How does that compare with a year earlier?
The residential average was 14.88¢ in March 2024, a change of +1.4%. Residential sales changed by +5.1% over the same period.
What was the average residential bill that month?
$109.42, on average use of 725 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.