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Minnesota electricity prices, July 2026

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

In July 2026, residential customers in Minnesota paid an average of 17.45¢ per kilowatthour, up 3.1% on the same month a year earlier (16.92¢). The US average for the month was 18.31¢; Minnesota was 4.7% below that. It ranked 21st highest among the 50 states and the District of Columbia.

Residential sales were 2,568,694 MWh, up 6.5% on a year earlier, and the average residential bill for the month was $169.45 on 971 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.

17.45¢residential, per kWh+3.1% on Jul 2025
$169.45average residential bill for the monthon 971 kWh
2.6 TWhresidential sales+6.5% on a year earlier
21sthighest residential price of 51US 18.31¢

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

SectorJul 2026Jul 2025ChangeUS, Jul 2026
Residential17.45¢16.92¢+3.1%18.31¢
Commercial13.49¢13.17¢+2.4%14.53¢
Industrial10.34¢9.77¢+5.8%9.77¢
All sectors14.17¢13.69¢+3.5%14.99¢

Sales and customers

MeasureJul 2026Jul 2025Change
Residential sales2.6 TWh2.4 TWh+6.5%
Sales, all sectors6.6 TWh6.3 TWh+5.5%
Residential customers2,645,0422,618,531+1.0%
Average residential bill$169.45$155.81+8.8%
Average residential use, kWh971921+5.4%
US residential price18.31¢17.45¢+4.9%

The two years to July 2026

0¢5¢10¢15¢20¢Jul 2024Nov 2024Mar 2025Jul 2025Nov 2025Mar 2026Jul 2026

Minnesota residentialUS residential

Cents per kWh, Form EIA-861M.
← June 2026Minnesota overview →

Questions and answers

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

17.45¢ per kilowatthour for residential customers, 13.49¢ for commercial and 10.34¢ for industrial customers. EIA marks the month as preliminary.

How does that compare with a year earlier?

The residential average was 16.92¢ in July 2025, a change of +3.1%. Residential sales changed by +6.5% over the same period.

What was the average residential bill that month?

$169.45, on average use of 971 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.