STATE ELECTRICITY REPORT / MN

Minnesota electricity prices and operating costs.

Latest residential average: 16.95¢/kWh for 2026-05.

Residential rate16.95¢
1 month+3.4%
1 year+7.0%
5 years+24.4%

Cost to run common equipment in Minnesota

Every row uses the same standardized annual kWh assumption used on the national Cost to Run Index.

EquipmentAnnual kWhMonthly costAnnual cost
Traditional Sauna1,755$25$297
Infrared Sauna211$3$36
EV Charging2,880$41$488
Central Air Conditioning3,360$47$570
Heat Pump3,600$51$610
Hot Tub2,190$31$371
Pool Pump2,160$31$366
Electric Water Heater4,500$64$763
Refrigerator600$8$102
Electric Clothes Dryer468$7$79
Dishwasher312$4$53
Electric Oven520$7$88
Dehumidifier720$10$122
Space Heater900$13$153
Chest Freezer350$5$59