Rate comparison

How this price compares

Ranked by price against the 46 utilities reporting residential rates in Minnesota, Northern States Power Co - Minnesota comes 42nd of 46. The state's range runs from City of Marshall - (MN) at 9.70¢ to City of Lake Crystal - (MN) at 20.97¢, so where a household sits inside Minnesota depends far more on which utility serves it than on the statewide average alone.

Against the 3 other investor owned utilities reporting in Minnesota, whose customer-weighted average is 14.43¢, Northern States Power Co - Minnesota is above its own ownership class within the state (+17.7%).

State price distribution

Territory and usage

Scale and consumption

Northern States Power Co - Minnesota reported 1.2M residential customers, ranking 1st of 46 utilities in Minnesota by customers served and covering 52.8% of the state's reported residential customers.

Dividing reported residential sales by customers served gives about 7,054 kWh per customer per year - -29.1% against the Minnesota median of 9,946 kWh , implying a typical annual bill near $1,198.

State peers

Every utility reporting in Minnesota

All 46 utilities reporting bundled residential service in Minnesota, largest first, with Northern States Power Co - Minnesota marked. The named companies either side of it are the ones a household in this state might otherwise be served by.

For generation mix and price history statewide, see electricity rates in Minnesota.

Ownership class peers

Investor Owned utilities with similar residential prices

Beyond Minnesota, these indexable investor owned utilities report the closest residential averages to Northern States Power Co - Minnesota in the same Form 861 release. Peer sets differ by ownership class and price, not a shared national list.

FAQ

Common questions about Northern States Power Co - Minnesota rates

How much does Northern States Power Co - Minnesota charge per kWh?

Northern States Power Co - Minnesota reported an average residential price of 16.98¢ per kWh across its bundled residential customers in the 2024 EIA Form 861 release. That is an annual average across all its residential customers, not a rate schedule, so an individual bill depends on the tariff, usage pattern and season.

Is Northern States Power Co - Minnesota expensive compared with the rest of Minnesota?

Its average residential price is close to the Minnesota customer-weighted average of 15.89¢ per kWh, a difference of +6.9%. The state figure is weighted by customers across the 46 utilities reporting residential service in Minnesota.

What is the average electricity bill for Northern States Power Co - Minnesota customers?

Dividing reported residential sales by residential customers gives about 7,054 kWh per customer per year. At the reported average price that implies roughly $1,198 a year, or about $100 a month. This is RateWatt's arithmetic on two EIA columns, not a figure EIA publishes.

Who owns Northern States Power Co - Minnesota?

EIA classifies Northern States Power Co - Minnesota as Investor Owned, a shareholder-owned company whose retail rates are set through a state regulatory commission. Nationally, the customer-weighted average across Investor Owned utilities was 18.37¢ per kWh in the 2024 Form 861 release.

Limitations

What this page does and does not tell you

• An average across bundled residential customers for the year, revenue divided by sales, not a rate schedule.
• Form 861 presence is not evidence of availability at an address or of customer choice.

See our methodology and understanding rate structures .

Source: U.S. Energy Information Administration (EIA), Form 861 annual electric power industry report, 2024 release. Retrieved and formatted by RateWatt.