Minnesota electricity prices, May 2026
Average price, sales and bills for the month against the same month a year earlier and the US. Preliminary
In May 2026, residential customers in Minnesota paid an average of 16.95¢ per kilowatthour, up 7.0% on the same month a year earlier (15.84¢). The US average for the month was 18.44¢; Minnesota was 8.1% below that. It ranked 22nd highest among the 50 states and the District of Columbia.
Residential sales were 1,650,977 MWh, up 2.5% on a year earlier, and the average residential bill for the month was $106.13 on 626 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 | May 2026 | May 2025 | Change | US, May 2026 |
|---|---|---|---|---|
| Residential | 16.95¢ | 15.84¢ | +7.0% | 18.44¢ |
| Commercial | 12.88¢ | 12.31¢ | +4.6% | 13.54¢ |
| Industrial | 9.80¢ | 9.44¢ | +3.8% | 8.71¢ |
| All sectors | 13.17¢ | 12.55¢ | +4.9% | 13.83¢ |
Sales and customers
| Measure | May 2026 | May 2025 | Change |
|---|---|---|---|
| Residential sales | 1.7 TWh | 1.6 TWh | +2.5% |
| Sales, all sectors | 5.2 TWh | 5 TWh | +4.4% |
| Residential customers | 2,637,112 | 2,612,642 | +0.9% |
| Average residential bill | $106.13 | $97.66 | +8.7% |
| Average residential use, kWh | 626 | 617 | +1.5% |
| US residential price | 18.44¢ | 17.37¢ | +6.2% |
The two years to May 2026
Minnesota residentialUS residential
Questions and answers
What was the average electricity price in Minnesota in May 2026?
16.95¢ per kilowatthour for residential customers, 12.88¢ for commercial and 9.80¢ for industrial customers. EIA marks the month as preliminary.
How does that compare with a year earlier?
The residential average was 15.84¢ in May 2025, a change of +7.0%. Residential sales changed by +2.5% over the same period.
What was the average residential bill that month?
$106.13, on average use of 626 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.