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Minnesota electricity prices, February 2026

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

In February 2026, residential customers in Minnesota paid an average of 15.39¢ per kilowatthour, up 5.4% on the same month a year earlier (14.60¢). The US average for the month was 17.65¢; Minnesota was 13% below that. It ranked 28th highest among the 50 states and the District of Columbia.

Residential sales were 1,983,055 MWh, down 7.2% on a year earlier, and the average residential bill for the month was $115.94 on 753 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.

15.39¢residential, per kWh+5.4% on Feb 2025
$115.94average residential bill for the monthon 753 kWh
2 TWhresidential sales-7.2% on a year earlier
28thhighest residential price of 51US 17.65¢

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 2026Feb 2025ChangeUS, Feb 2026
Residential15.39¢14.60¢+5.4%17.65¢
Commercial12.09¢11.60¢+4.2%14.37¢
Industrial9.33¢9.22¢+1.2%8.95¢
All sectors12.52¢12.15¢+3.0%14.36¢

Sales and customers

MeasureFeb 2026Feb 2025Change
Residential sales2 TWh2.1 TWh-7.2%
Sales, all sectors5.3 TWh5.4 TWh-1.8%
Residential customers2,632,4392,606,524+1.0%
Average residential bill$115.94$119.66-3.1%
Average residential use, kWh753820-8.2%
US residential price17.65¢16.43¢+7.4%

The two years to February 2026

0¢5¢10¢15¢20¢Feb 2024Jun 2024Oct 2024Feb 2025Jun 2025Oct 2025Feb 2026

Minnesota residentialUS residential

Cents per kWh, Form EIA-861M.
← January 2026March 2026 →

Questions and answers

What was the average electricity price in Minnesota in February 2026?

15.39¢ per kilowatthour for residential customers, 12.09¢ for commercial and 9.33¢ for industrial customers. EIA marks the month as preliminary.

How does that compare with a year earlier?

The residential average was 14.60¢ in February 2025, a change of +5.4%. Residential sales changed by -7.2% over the same period.

What was the average residential bill that month?

$115.94, on average use of 753 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.