Xcel Energy rates and bills in Minnesota
Xcel Energy's 1,243,236 residential customers in Minnesota paid an average of 17.07¢ per kWh in 2025, for an average bill of $104.99 a month on 615 kWh.1 Over the last 12 months (Sep 2025–Aug 2026) the average was 17.22¢, and 18.39¢ in August 2026.2
EIA-861 2025 final (released October 7, 2026) and EIA's monthly utility survey through August 2026 (preliminary); next monthly update expected November 24, 2026. Averages are revenue divided by kWh, all charges included: not the rate printed in a tariff.
52 of 87 Minnesota counties served (EIA-861 2025)
Xcel Energy's Minnesota homes paid more per kWh than the state average in 2025 (7.8% above the Minnesota average) and more than at the other Xcel state utilities covered here, yet their average bill of $104.99 was below Minnesota's $117.674, because they used less electricity. The price itself has barely moved: +0.5%1 from 2024 to 2025, and −0.3%2 in August 20263 against a year earlier.
What Xcel's Minnesota homes pay per kWh
Xcel Energy delivered and sold electricity to 1,243,236 Minnesota homes in 2025, 52.8%1 of the state's residential customers. The average they paid depends on the period asked about:
| Period | Average residential price | Source |
|---|---|---|
| Year 2025 | 17.07¢ per kWh1 | EIA-861, every utility, final |
| Last 12 months (September 2025 to August 2026) | 17.22¢ per kWh | EIA-861M monthly sample, 2026 preliminary |
| August 20263 alone | 18.39¢ per kWh2 | EIA-861M, preliminary, a summer month |
All three are average revenue per kWh: total residential revenue, including the monthly customer charge, fuel cost recovery and riders, divided by the kWh sold. None of them is a tariff line. A single summer month is not a guide to the year; the 12-month figure is.
In 2025 Xcel's average was 7.8% above the Minnesota average and the 6th highest of the 30 Minnesota utilities with 10,000 or more residential customers. Nationally it was 4.0% below the national average for investor-owned utilities and ranked 58th highest of 177 among large US utilities, whose median was 15.07¢ per kWh1.
A higher price than the co-ops, a smaller bill
Xcel's neighbours in Minnesota averaged less per kWh in 2025: the state's cooperatives 15.22¢ per kWh, its municipal utilities 15.04¢ per kWh, Connexus Energy 14.11¢ per kWh, Dakota Electric Association 15.63¢ per kWh and Minnesota Power 15.86¢ per kWh, against 17.07¢ per kWh1 at Xcel.
The bill ranking runs the other way. An Xcel home bought 615 kWh a month on average in 2025, less than at Minnesota Power (673 kWh), Dakota Electric (745 kWh) or Connexus (802 kWh), and well under the statewide 744 kWh4. So its average bill, $104.99, was lower than Connexus's $113.11 and Dakota Electric's $116.41, and slightly lower than Minnesota Power's $106.801.
Source: EIA-861 annual electric power industry report, 2025 final. EIA-861 2025 final. Average revenue per kWh is all charges divided by kWh; it is not a tariff rate.
Show the numbers
| Utility | average monthly residential use |
|---|---|
| Xcel Energy (MN) | 615 |
| Minnesota Power (MN) | 673 |
| Dakota Electric Association (MN) | 745 |
| Connexus Energy (MN) | 802 |
Source: EIA-861 annual electric power industry report, 2025 final. EIA-861 2025 final. Average revenue per kWh is all charges divided by kWh; it is not a tariff rate.
Show the numbers
| Utility | average monthly residential bill |
|---|---|
| Xcel Energy (MN) | $104.99 |
| Minnesota Power (MN) | $106.80 |
| Connexus Energy (MN) | $113.11 |
| Dakota Electric Association (MN) | $116.41 |
Rate increase: a flat price, a larger bill
From 2024 to 2025 Xcel's residential average moved from 16.98¢ per kWh to 17.07¢ per kWh, up 0.5%, less than the statewide rise of 2.5%6. The average bill rose more, from $99.82 to $104.99 (+5.2%), because use per home went from 588 kWh5 to 615 kWh1 a month.
The monthly survey shows the same steadiness into 2026. The last 12 months to August 2026 averaged 17.22¢ per kWh, a little above the 2025 figure, and the August 2026 average was −0.3% against August 2025. In the same comparison, Minnesota Power's August 20263 average was +11.6% and Xcel's Wisconsin utility's +11.1%2. These 2026 figures are preliminary until EIA's final data in August 2027.
Source: EIA-861M monthly sales and revenue by utility; EIA, Electric Power Monthly / EIA-861M sales and revenue by state. Residential revenue divided by kWh in each month, as reported to EIA's monthly survey (EIA-861M; months since January 2026 preliminary).
Show the numbers
| Month | Xcel Energy (¢/kWh) | kWh per customer | Bill per customer |
|---|---|---|---|
| January 2025 | 16.26¢ | 677 | $110.09 |
| February 2025 | 16.54¢ | 570 | $94.36 |
| March 2025 | 16.75¢ | 522 | $87.36 |
| April 2025 | 15.15¢ | 472 | $71.50 |
| May 2025 | 16.00¢ | 536 | $85.79 |
| June 2025 | 18.52¢ | 639 | $118.42 |
| July 2025 | 18.38¢ | 893 | $164.23 |
| August 2025 | 18.45¢ | 752 | $138.78 |
| September 2025 | 18.33¢ | 574 | $105.30 |
| October 2025 | 17.02¢ | 554 | $94.23 |
| November 2025 | 16.26¢ | 518 | $84.28 |
| December 2025 | 15.73¢ | 670 | $105.39 |
| January 2026 | 15.74¢ | 672 | $105.75 |
| February 2026 | 16.05¢ | 549 | $88.17 |
| March 2026 | 16.14¢ | 544 | $87.90 |
| April 2026 | 17.43¢ | 476 | $83.03 |
| May 2026 | 17.59¢ | 539 | $94.88 |
| June 2026 | 18.34¢ | 640 | $117.41 |
| July 2026 | 18.50¢ | 957 | $177.04 |
| August 2026 | 18.39¢ | 784 | $144.22 |
Xcel's Minnesota rates are set by the Minnesota Public Utilities Commission, whose website has a page for the Xcel Energy electric rate case. An approved change reaches EIA's averages only as bills are issued, so the monthly figures above lag a commission decision. The guide to rate increases explains the steps.
Northern States Power, not Minnesota Power
Many searches for this utility use its legal name. Northern States Power Company (Minnesota) is Xcel Energy's Minnesota operating company; EIA lists it as utility number 13781. Minnesota Power is a separate investor-owned utility, ALLETE, Inc. (Minnesota Power), with 126,520 residential customers in 177 counties and its own average price, 15.86¢ per kWh1 in 2025.
Xcel reports residential customers in 52 Minnesota counties, and in every one of them (527) at least one other utility reports customers too. A county or city name does not settle which utility serves a home; Xcel's and its neighbours' service maps decide by address.
Source: EIA-861 2025, service territory; Census Bureau, Cartographic boundary file, counties. EIA-861 2025 service territory: 52 counties. Counts whole counties even where the utility serves only part of one; check the utility's own service-area map for an address.
Show the numbers
| County | Other utilities reporting service |
|---|---|
| Anoka County | Connexus Energy, City of Anoka |
| Benton County | Minnesota Power, East Central Energy |
| Blue Earth County | Minnesota Valley Electric Cooperative, BENCO Electric Cooperative, Steele-Waseca Cooperative Electric, South Central Electric Association, Brown County Rural Electric Association, City of Lake Crystal |
| Brown County | New Ulm Public Utilities Comm, South Central Electric Association, Brown County Rural Electric Association, Redwood Electric Cooperative, Sleepy Eye Public Utility Comm, Springfield Public Utils Comm |
| Carver County | Wright-Hennepin Cooperative Electric Association, Minnesota Valley Electric Cooperative, City of Chaska, McLeod Cooperative Power Association |
| Chippewa County | Otter Tail Power Co, Kandiyohi Power Cooperative, Minnesota Valley Cooperative L&P Association, Agralite Electric Cooperative, Renville-Sibley Cooperative Power Association, City of Granite Falls, WAPA-- Western Area Power Administration |
| Chisago County | Connexus Energy, East Central Energy |
| Clay County | Otter Tail Power Co, Lake Region Electric Cooperative, City of Moorhead, Wild Rice Electric Cooperative, Red River Valley Cooperative Power Association, City of Barnesville, Hawley Public Utilities Comm, WAPA-- Western Area Power Administration |
| Dakota County | Dakota Electric Association, Minnesota Valley Electric Cooperative, Goodhue County Cooperative Electric Association |
| Dodge County | People's Cooperative Services, Freeborn Mower Electric Cooperative, Steele-Waseca Cooperative Electric, Goodhue County Cooperative Electric Association, City of Kasson, City of Blooming Prairie |
| Douglas County | Otter Tail Power Co, Lake Region Electric Cooperative, Stearns Cooperative Electric Association, Runestone Electric Association, Todd-Wadena Electric Cooperative, City of Alexandria |
| Faribault County | BENCO Electric Cooperative, Freeborn Mower Electric Cooperative, Steele-Waseca Cooperative Electric, Federated Rural Electric Association, Blue Earth Light & Water, City of Wells, Heartland Power Cooperative |
| Freeborn County | Freeborn Mower Electric Cooperative, Steele-Waseca Cooperative Electric, Heartland Power Cooperative |
| Goodhue County | Dakota Electric Association, Steele-Waseca Cooperative Electric, Goodhue County Cooperative Electric Association, City of Lake City, Kenyon Municipal Utilities |
| Hennepin County | Connexus Energy, Wright-Hennepin Cooperative Electric Association, Minnesota Valley Electric Cooperative, City of Elk River, City of Anoka |
| Houston County | MiEnergy Cooperative, City of Caledonia, City of Spring Grove, City of Eitzen |
| Kandiyohi County | Otter Tail Power Co, Stearns Cooperative Electric Association, Kandiyohi Power Cooperative, Meeker Cooperative Light & Power Association, Willmar Municipal Utilities, McLeod Cooperative Power Association, Agralite Electric Cooperative, Renville-Sibley Cooperative Power Association |
| Lac qui Parle County | Otter Tail Power Co, Minnesota Valley Cooperative L&P Association, City of Madison, H-D Electric Cooperative, WAPA-- Western Area Power Administration |
| Le Sueur County | Minnesota Valley Electric Cooperative, BENCO Electric Cooperative, Steele-Waseca Cooperative Electric, City of Saint Peter, New Prague Utilities Comm, City of Le Sueur, City of Kasota |
| Lincoln County | Otter Tail Power Co, Nobles Cooperative Electric, Minnesota Valley Cooperative L&P Association, Lyon Electric Cooperative, Sioux Valley SW Electric Cooperative, City of Tyler |
| Lyon County | Otter Tail Power Co, Nobles Cooperative Electric, City of Marshall, Minnesota Valley Cooperative L&P Association, Redwood Electric Cooperative, Lyon Electric Cooperative |
| McLeod County | Wright-Hennepin Cooperative Electric Association, Meeker Cooperative Light & Power Association, McLeod Cooperative Power Association, Hutchinson Utilities Comm, Glencoe Light & Power Comm, City of Brownton |
| Meeker County | Wright-Hennepin Cooperative Electric Association, Meeker Cooperative Light & Power Association, McLeod Cooperative Power Association, Litchfield Public Utilities, City of Grove City |
| Mower County | People's Cooperative Services, Freeborn Mower Electric Cooperative, MiEnergy Cooperative, City of Austin, Heartland Power Cooperative |
| Murray County | Nobles Cooperative Electric, Federated Rural Electric Association, South Central Electric Association, Redwood Electric Cooperative, Lyon Electric Cooperative, Sioux Valley SW Electric Cooperative |
| Nicollet County | BENCO Electric Cooperative, City of Saint Peter, Brown County Rural Electric Association, Renville-Sibley Cooperative Power Association |
| Nobles County | Nobles Cooperative Electric, Federated Rural Electric Association, City of Worthington, Sioux Valley SW Electric Cooperative, Adrian Public Utilities Comm, City of Round Lake, City of Brewster, City of Rushmore |
| Norman County | Otter Tail Power Co, Red River Valley Cooperative Power Association, City of Ada, City of Halstad, City of Shelly |
| Olmsted County | Rochester Public Utilities, People's Cooperative Services, Freeborn Mower Electric Cooperative, MiEnergy Cooperative, Goodhue County Cooperative Electric Association |
| Pine County | Minnesota Power, East Central Energy, Lake Country Power, Northwestern Wisconsin Electric Co |
| Pipestone County | Nobles Cooperative Electric, Lyon Electric Cooperative, Sioux Valley SW Electric Cooperative |
| Polk County | Otter Tail Power Co, Wild Rice Electric Cooperative, Red Lake Electric Cooperative, Red River Valley Cooperative Power Association, City of East Grand Forks, Clearwater-Polk Electric Cooperative, P K M Electric Cooperative, City of Fosston, City of Nielsville, WAPA-- Western Area Power Administration |
| Pope County | Otter Tail Power Co, Stearns Cooperative Electric Association, Runestone Electric Association, Agralite Electric Cooperative |
| Ramsey County | Connexus Energy, City of North St Paul |
| Redwood County | Otter Tail Power Co, Nobles Cooperative Electric, Minnesota Valley Cooperative L&P Association, South Central Electric Association, Brown County Rural Electric Association, Redwood Electric Cooperative, Redwood Falls Public Util Comm, Renville-Sibley Cooperative Power Association |
| Renville County | Meeker Cooperative Light & Power Association, McLeod Cooperative Power Association, Minnesota Valley Cooperative L&P Association, Brown County Rural Electric Association, Renville-Sibley Cooperative Power Association, City of Olivia, City of Fairfax |
| Rice County | Dakota Electric Association, Minnesota Valley Electric Cooperative, Steele-Waseca Cooperative Electric, Goodhue County Cooperative Electric Association |
| Rock County | Nobles Cooperative Electric, Sioux Valley SW Electric Cooperative, City of Luverne |
| Scott County | Dakota Electric Association, Minnesota Valley Electric Cooperative, Shakopee Public Utilities Comm, New Prague Utilities Comm |
| Sherburne County | Connexus Energy, East Central Energy, Wright-Hennepin Cooperative Electric Association, City of Elk River, Princeton Public Utils Comm |
| Sibley County | Minnesota Valley Electric Cooperative, BENCO Electric Cooperative, McLeod Cooperative Power Association, Brown County Rural Electric Association, City of Le Sueur, Renville-Sibley Cooperative Power Association, City of Arlington, City of Winthrop |
| Stearns County | Minnesota Power, Wright-Hennepin Cooperative Electric Association, Stearns Cooperative Electric Association, Runestone Electric Association, Kandiyohi Power Cooperative, Meeker Cooperative Light & Power Association, City of Sauk Centre, Melrose Public Utilities |
| Steele County | Freeborn Mower Electric Cooperative, City of Owatonna, Steele-Waseca Cooperative Electric, City of Blooming Prairie |
| Todd County | Minnesota Power, Otter Tail Power Co, Crow Wing Cooperative Power & Light Comp, Lake Region Electric Cooperative, Stearns Cooperative Electric Association, Runestone Electric Association, Todd-Wadena Electric Cooperative, City of Staples |
| Wabasha County | People's Cooperative Services, Goodhue County Cooperative Electric Association, City of Lake City |
| Waseca County | Minnesota Valley Electric Cooperative, Steele-Waseca Cooperative Electric, City of Waseca, City of Janesville |
| Washington County | Connexus Energy, East Central Energy, City of North St Paul |
| Watonwan County | Federated Rural Electric Association, South Central Electric Association, Brown County Rural Electric Association, City of St James, City of Madelia |
| Wilkin County | Otter Tail Power Co, Lake Region Electric Cooperative, Traverse Electric Cooperative, City of Breckenridge, WAPA-- Western Area Power Administration |
| Winona County | People's Cooperative Services, MiEnergy Cooperative, City of St Charles |
| Wright County | Wright-Hennepin Cooperative Electric Association, City of Elk River, Meeker Cooperative Light & Power Association, McLeod Cooperative Power Association, City of Buffalo, Delano Municipal Utilities |
| Yellow Medicine County | Otter Tail Power Co, Minnesota Valley Cooperative L&P Association, Lyon Electric Cooperative, City of Granite Falls, H-D Electric Cooperative, WAPA-- Western Area Power Administration |
July, not January, sets the high bill
Minnesota has the 2nd highest heating load of the contiguous states (8,1899 heating degree days a year, 2016–2025, NOAA), yet Xcel's highest month is in summer. Over the last 12 months the average home used 476 kWh in April 2026 and 957 kWh in July 2026, and the average bill went from $83.03 to $177.042. In EIA's 2020 household survey, space heating accounted for 13%10 of Minnesota household electricity use.
Source: EIA-861M monthly sales and revenue by utility. kWh per residential customer in each month (EIA-861M; months since January 2026 preliminary). The table adds the average bill and price for the month.
Show the numbers
| Month | kWh per customer | Bill per customer | ¢/kWh |
|---|---|---|---|
| September 2025 | 574 | $105.30 | 18.33¢ |
| October 2025 | 554 | $94.23 | 17.02¢ |
| November 2025 | 518 | $84.28 | 16.26¢ |
| December 2025 | 670 | $105.39 | 15.73¢ |
| January 2026 | 672 | $105.75 | 15.74¢ |
| February 2026 | 549 | $88.17 | 16.05¢ |
| March 2026 | 544 | $87.90 | 16.14¢ |
| April 2026 | 476 | $83.03 | 17.43¢ |
| May 2026 | 539 | $94.88 | 17.59¢ |
| June 2026 | 640 | $117.41 | 18.34¢ |
| July 2026 | 957 | $177.04 | 18.50¢ |
| August 2026 | 784 | $144.22 | 18.39¢ |
Minnesota Power shows the opposite pattern: its peak month in the same period was January 2026, at 941 kWh2 per home.
Smart meters everywhere, time-of-use rarely
99.9% of Xcel's Minnesota residential meters were advanced meters in EIA's 2025 count, which record when electricity is used. Few customers were billed on that basis: 19,300 were enrolled in time-of-use pricing, 1.6% of homes on Xcel's wires. The share was 15.9% at Minnesota Power and 12.5% at Connexus, and 99.6%11 at Xcel's own Colorado utility. Xcel's tariff sets the hours and prices of its time-of-use option; the time-of-use guide shows how such a rate changes a bill.
Rooftop solar: 16,190 residential net-metered installations with 122.5 megawatts of capacity, 13.0 per 1,000 customers, against 16.0 at Dakota Electric and 9.611 at Minnesota Power. The net metering guide explains the credits.
More outage minutes than the state average
Xcel's Minnesota customers averaged 226 minutes without power in 2025 counting all events, more than the Minnesota average of 182 minutes, with 1.38 interruptions per customer. Excluding major event days, as the IEEE 1366 standard allows, the figure was 115 minutes, against 94 minutes statewide. The suburban cooperatives next to it recorded far fewer minutes: Dakota Electric 29 minutes and Connexus 54 minutes; Minnesota Power reported 143 minutes12.
Source: EIA-861 2025, reliability. EIA-861 2025 final. Average revenue per kWh is all charges divided by kWh; it is not a tariff rate.
Show the numbers
| Utility | outage minutes per customer (all events) |
|---|---|
| Dakota Electric Association (MN) | 29 |
| Connexus Energy (MN) | 54 |
| Minnesota Power (MN) | 143 |
| Xcel Energy (MN) | 226 |
The dearest of Xcel's five utilities per kWh
Among the 5 Xcel utilities with pages here, Minnesota had the highest 2025 residential average (17.07¢ per kWh) and New Mexico the lowest (12.86¢ per kWh). Next door, Xcel Energy in Wisconsin averaged 15.56¢ per kWh, with use of 726 kWh and a bill of $112.861. The Xcel Energy page compares all five.
Source: EIA-861 annual electric power industry report, 2025 final. EIA-861 2025 final. Average revenue per kWh is all charges divided by kWh; it is not a tariff rate.
Show the numbers
| Utility | average residential price (bundled customers) |
|---|---|
| Xcel Energy (NM) | 12.86¢ |
| Xcel Energy (TX) | 13.94¢ |
| Xcel Energy (WI) | 15.56¢ |
| Xcel Energy (CO) | 15.90¢ |
| Xcel Energy (MN) | 17.07¢ |
Business customers and help with bills
Xcel's 145,622 commercial customers in Minnesota paid 12.73¢ per kWh on average in 2025, with an average monthly bill of $900.80, and its 472 industrial customers 9.52¢ per kWh. Across all 1,389,331 accounts the average was 13.37¢ per kWh1.
Federal LIHEAP energy assistance to Minnesota totalled $125.3 million13 for fiscal 2026, and the help paying guide covers it alongside utility payment plans. For every utility in the state, see electricity in Minnesota.
Xcel Energy Minnesota questions
What is Xcel Energy's rate per kWh in Minnesota?
Residential customers paid an average of 17.07¢ per kWh1 in 2025 and 17.22¢ per kWh2 over the last 12 months (September 2025 to August 2026, 2026 months preliminary). These are averages of everything billed, fixed charge and riders included, divided by kWh used; the energy charge printed in Xcel's tariff is a different, narrower figure.
What is the average Xcel Energy bill in Minnesota?
$104.99 a month in 2025 for 615 kWh1, and $107.35 over the last 12 months (September 2025 to August 2026). In EIA's monthly data it ranged from $83.03 in April 2026 to $177.04 in July 20262.
Is Northern States Power the same as Xcel Energy?
Yes. Northern States Power Company (Minnesota) is the legal name of Xcel Energy's Minnesota utility, and EIA reports it under that name. Minnesota Power is a different company, ALLETE, Inc. (Minnesota Power), with its own service territory and rates.
Can I choose another electricity supplier instead of Xcel in Minnesota?
No. Minnesota has no residential retail choice: 0.0%1 of the state's residential customers bought from a competitive supplier in 2025. The utility that serves an address also sells its electricity.
Related pages
Sources
- EIA-861 annual electric power industry report, 2025 final; table Sales_Ult_Cust_2025; 2025, final; released October 7, 2026. www.eia.gov
- EIA-861M monthly sales and revenue by utility; table sales_ult_cust_2025 and _2026; released October 23, 2026. www.eia.gov
- EIA, Electric Power Monthly / EIA-861M sales and revenue by state; table sales_revenue.xlsx (EPM Table 5.6.A); January 2001 to 2026-08; months since January 2026 preliminary; released October 23, 2026. www.eia.gov
- EIA-861 2025, average monthly bill by state; table Average_Bill_2025; 2025, final; released October 7, 2026. www.eia.gov
- EIA-861 annual electric power industry report, 2024 final; table Sales_Ult_Cust_2024; 2024, final (file updated December 3, 2025); released December 3, 2025. www.eia.gov
- EIA, Historical state data, annual sales, revenue and customers; table HS861 2010-.xlsx; 2010-2025, final; released October 7, 2026. www.eia.gov
- EIA-861 2025, service territory; table Service_Territory_2025; 2025, final; released October 7, 2026. www.eia.gov
- Census Bureau, Cartographic boundary file, counties; table cb_2025_us_county_5m; cb_2021_us_county_5m; 2025 (2021 for Connecticut). www.census.gov
- NOAA, Climate Prediction Center population-weighted degree days by state; table daily state files, base 65°F; 2016-2025 annual sums; 1981-2010 CPC normals; released November 13, 2026. ftp.cpc.ncep.noaa.gov
- EIA, Residential Energy Consumption Survey 2020, state data; table CE4.1.EL.ST, CE5 state tables, state highlights; released June 28, 2023. www.eia.gov
- EIA-861 2025, advanced meters, dynamic pricing and net metering; table Advanced_Meters, Dynamic_Pricing, Net_Metering 2025; 2025, final; released October 7, 2026. www.eia.gov
- EIA-861 2025, reliability; table Reliability_2025; 2025, final; released October 7, 2026. www.eia.gov
- HHS, LIHEAP funding releases to states; table FY2027 first release; FY2026 final; FY2027 first release (October 9, 2026); FY2026 total; released October 9, 2026. acf.gov
How every figure is built: methodology. Found an error? Write to [email protected]; corrections are listed on the updates page.