Northern States Power Co - Minnesota Rates: Average Bill & Price per kWh

Residential rates for Northern States Power Co - Minnesota and how they compare to the Minnesota average — 2024 EIA-861 annual data.

Data through 2024 EIA-861, verified Oct 11, 2026

Residential customers of Northern States Power Co - Minnesota average $99.82/month at 16.98¢/kWh — below the Minnesota average of $124.46.

Avg bill (2024)$99.82/moannual average Rate16.98¢/kWh Res. customers1,230,057 Bill rank#36 in MNof tracked utilities

Where Northern States Power Co - Minnesota rates are heading

Annual residential figures from Form EIA-861, 2019–2024.

Northern States Power Co - Minnesota price per kWh (annual) ▲ 24.6% over 2019–2024
Northern States Power Co - Minnesota price per kWh (annual) 13.6¢ 15.3¢ 17.0¢ 17.0¢ 2019 2024
YearRateAvg billRes. customers
2019 13.62¢/kWh $83.74/mo 1,159,579
2020 13.74¢/kWh $88.28/mo 1,171,591
2021 13.92¢/kWh $90.72/mo 1,186,195
2022 15.6¢/kWh $98.62/mo 1,199,122
2023 16.31¢/kWh $101.48/mo 1,212,790
2024 16.98¢/kWh $99.82/mo 1,230,057

Rate context in Minnesota

Statewide residential price trend (12 months) — context for Northern States Power Co - Minnesota's 2024 annual figure.

Minnesota price per kWh (12 months) ▲ 3.5% over Jul 25–Jun 26
Minnesota price per kWh (12 months) 15.0¢ 16.2¢ 17.5¢ 17.5¢ Jul 25 Jun 26

Northern States Power Co - Minnesota vs its state

Annual utility averages next to the latest statewide monthly figure — different windows, both labeled.

MeasureNorthern States Power Co - …Minnesota (latest month)
Avg bill $99.82/mo $124.46/mo
Rate 16.98¢/kWh 17.52¢/kWh

Cities served by Northern States Power Co - Minnesota

Common questions

How much is the average electric bill with Northern States Power Co - Minnesota?

Northern States Power Co - Minnesota residential customers averaged $99.82 per month in 2024 (EIA-861 annual data) — about $1,197.81 per year.

What does Northern States Power Co - Minnesota charge per kWh?

Northern States Power Co - Minnesota averaged 16.98¢ per kWh for residential service in 2024 (annual revenue divided by sales, EIA-861). Actual rates depend on your plan and season.

How does Northern States Power Co - Minnesota compare to the Minnesota average?

Northern States Power Co - Minnesota bills average $99.82 — lower than the Minnesota average of $124.46 (latest EIA month).

How many customers does Northern States Power Co - Minnesota serve?

Northern States Power Co - Minnesota served 1,230,057 residential customers in 2024, per EIA-861 — one of the largest utilities we track in MN.

Data: Form EIA-861, 2024 annual residential figures for Northern States Power Co - Minnesota. Bill = residential revenue ÷ customers ÷ 12; rate = revenue ÷ sales. State context uses the latest EIA monthly data. See methodology.