States › Minnesota › January 2026
Minnesota electricity prices, January 2026
Average price, sales and bills for the month against the same month a year earlier and the US. Preliminary
In January 2026, residential customers in Minnesota paid an average of 14.98¢ per kilowatthour, up 3.2% on the same month a year earlier (14.51¢). The US average for the month was 17.45¢; Minnesota was 14% below that. It ranked 28th highest among the 50 states and the District of Columbia.
Residential sales were 2,342,333 MWh, down 1.4% on a year earlier, and the average residential bill for the month was $133.46 on 891 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 2026 | Jan 2025 | Change | US, Jan 2026 |
|---|---|---|---|---|
| Residential | 14.98¢ | 14.51¢ | +3.2% | 17.45¢ |
| Commercial | 11.40¢ | 11.56¢ | -1.4% | 13.64¢ |
| Industrial | 9.30¢ | 9.08¢ | +2.4% | 9.29¢ |
| All sectors | 12.24¢ | 12.06¢ | +1.5% | 14.17¢ |
Sales and customers
| Measure | Jan 2026 | Jan 2025 | Change |
|---|---|---|---|
| Residential sales | 2.3 TWh | 2.4 TWh | -1.4% |
| Sales, all sectors | 6 TWh | 6 TWh | -0.3% |
| Residential customers | 2,629,589 | 2,606,048 | +0.9% |
| Average residential bill | $133.46 | $132.28 | +0.9% |
| Average residential use, kWh | 891 | 911 | -2.2% |
| US residential price | 17.45¢ | 15.94¢ | +9.5% |
The two years to January 2026
Minnesota residentialUS residential
Questions and answers
What was the average electricity price in Minnesota in January 2026?
14.98¢ per kilowatthour for residential customers, 11.40¢ for commercial and 9.30¢ for industrial customers. EIA marks the month as preliminary.
How does that compare with a year earlier?
The residential average was 14.51¢ in January 2025, a change of +3.2%. Residential sales changed by -1.4% over the same period.
What was the average residential bill that month?
$133.46, on average use of 891 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.