Northern States Power Co - Minnesota Electricity Rates

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, which averaged 13.82¢, Northern States Power Co - Minnesota is above its own ownership class within the state (+22.9%).

All figures come from the 2024 release, so no comparison mixes vintages. The state figure is customer-weighted across 46 reporting utilities.

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 - below the national residential norm, implying a typical annual bill near $1,198.

Within Minnesota the median reporting utility sells about 9,946 kWh per customer, so Northern States Power Co - Minnesota customers use -29.1% against their own state's middle. Consumption this light usually tracks denser housing, gas heating or a milder service territory, which softens the bill impact of a high per-kWh price.

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.

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, Investor Owned utilities averaged 17.36¢ per kWh in the 2024 release.

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, why energy prices vary 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.