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Minnesota electricity prices, October 2025

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

In October 2025, residential customers in Minnesota paid an average of 16.37¢ per kilowatthour, up 2.6% on the same month a year earlier (15.96¢). The US average for the month was 17.97¢; Minnesota was 8.9% below that. It ranked 22nd highest among the 50 states and the District of Columbia.

Residential sales were 1,658,229 MWh, up 7.9% on a year earlier, and the average residential bill for the month was $103.20 on 631 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.

16.37¢residential, per kWh+2.6% on Oct 2024
$103.20average residential bill for the monthon 631 kWh
1.7 TWhresidential sales+7.9% on a year earlier
22ndhighest residential price of 51US 17.97¢

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

SectorOct 2025Oct 2024ChangeUS, Oct 2025
Residential16.37¢15.96¢+2.6%17.97¢
Commercial12.04¢11.98¢+0.5%13.49¢
Industrial9.40¢9.07¢+3.6%8.65¢
All sectors12.58¢12.20¢+3.1%13.66¢

Sales and customers

MeasureOct 2025Oct 2024Change
Residential sales1.7 TWh1.5 TWh+7.9%
Sales, all sectors5.2 TWh5.1 TWh+2.6%
Residential customers2,629,9522,593,872+1.4%
Average residential bill$103.20$94.57+9.1%
Average residential use, kWh631592+6.6%
US residential price17.97¢17.09¢+5.1%

The two years to October 2025

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

Minnesota residentialUS residential

Cents per kWh, Form EIA-861M.
← September 2025November 2025 →

Questions and answers

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

16.37¢ per kilowatthour for residential customers, 12.04¢ for commercial and 9.40¢ for industrial customers. EIA marks the month as preliminary.

How does that compare with a year earlier?

The residential average was 15.96¢ in October 2024, a change of +2.6%. Residential sales changed by +7.9% over the same period.

What was the average residential bill that month?

$103.20, on average use of 631 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.