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Editor: Katerine G., Editor & Data Researcher · Research & publishing: Electric Consumer Editorial Team · Data retrieved · Sources named on this page: EIA-861, EIA retail sales · How we got these numbers · Report an error

Northern States Power Co - Minnesota: 16.98 ¢/kWh for homes, 110 minutes of SAIDI (2024)

In Minnesota, Northern States Power Co - Minnesota bills 1,375,256 accounts, 89.4% residential, as an investor owned utility. Businesses and industry take 69% of the 27,722,191 MWh it sells; homes take 31%.

Prairie Island Nuclear Generating Plant on the Mississippi River in Minnesota
Prairie Island Nuclear Generating Plant. Photo by Wikideas1, CC0, Wikimedia Commons. Illustrative, not a listed utility's plant.

Northern States Power Co - Minnesota: 588 kWh a month costs roughly $100 in energy at 16.98 ¢/kWh, +9.9% on the Minnesota average of 15.45 ¢.

Businesses and industry take 69% of the 27,722,191 MWh it sells; homes take 31%.

Who buys power from Northern States Power Co

Business share of sales
69%homes 31% of 27,722,191 MWh

The customer mix of Northern States Power Co - Minnesota is its own: 1,230,057 home accounts buy 31.3% of 27,722,191 MWh, 144,718 commercial accounts buy 44.0%, and the remaining 24.7% goes to 480 industrial and other accounts. A typical Northern States Power Co home uses 7,054 kWh a year, a typical business account 84,243.

How it compares

Northern States Power Co - Minnesota
Northern States Power Co - Minnesota, 2024HomeBusinessBillSAIDI
Northern States Power Co - Minnesota16.98 ¢/kWh12.85 ¢/kWh$100at 588 kWh110 minSAIDI
Minnesota average against this company, which is 14 of 16 on priceLowest in this table-1.53 ¢/kWhcompany 9.9% above-0.70 ¢/kWhcompany 5.8% above-$9a month at 588 kWh-48 mincompany 48 above
East Central Energy16.89 ¢/kWhcompany 0.6% above12.38 ¢/kWhcompany 3.8% above$99$1 less than company84 mincompany 26 above

Compare 44 Minnesota companies

Northern States Power Co - Minnesota: 2025

Northern States Power Co: +0.5% on 2024 for homes, Minnesota +2.5%.

Northern States Power Co home price, 2025
17.07 ¢/kWh+0.5% on 2024, early release
Northern States Power Co SAIDI, 2025
115 min+4% on 2024, early release
Northern States Power Co against Minnesota, 2025
-1.9 pointsNorthern States Power Co +0.5%, Minnesota +2.5%, price in Minnesota 15.83 ¢

Northern States Power Co - Minnesota reported 17.07 ¢/kWh for homes in 2025, +0.5% on its 2024 figure of 16.98, while the Minnesota average moved +2.5%. Its SAIDI is 115 minutes against 110 in 2024.

Carbon context

Northern States Power Co - Minnesota serves 1,230,057 homes in Minnesota. At 588 kWh a month that is about 199 kg of CO₂, or 2,392 kg a year, at the Minnesota plant rate, state generation and not this utility: Minnesota generation mix.

Northern States Power Co - Minnesota charts

Residential price since 2015: 16.98 ¢ in 2024

12.60 ¢ in 2015, 16.98 ¢ in 2024 (+34.8%); Minnesota 12.12 to 15.45 ¢.

Northern States Power Co - Minnesota residential price 2015-2024, 2015 to 2024: 10 rows
YearNorthern States Power CoGap to Minnesota residentialGap to U.S. residential
201512.60+0.48-0.05
201613.18+0.51+0.63
201713.79+0.75+0.90
201814.15+1.01+1.28
201913.62+0.58+0.61
202013.74+0.57+0.59
202113.92+0.42+0.26
202215.60+1.35+0.56
202316.31+1.58+0.31
202416.98+1.53+0.50

10 rows from EIA retail sales.

CSV

Northern States Power Co - Minnesota SAIDI, 2015-2024

87 min in 2015, 110 in 2024.

Northern States Power Co - Minnesota SAIDI by year, 2015 to 2024: 10 rows
YearNorthern States Power Co, no major eventsNorthern States Power Co, all events
201587184
201693214
201774142
201895125
201981124
202097134
202192130
202290184
202383168
2024110309

10 rows from EIA-861 survey.

CSV

Reliability: SAIDI 110.4 min

110.4 min, 1.11x the median reporter, rank 364 of 673.

min

  • Company, no major events110.4
  • Company, with major events308.7

Northern States Power Co - Minnesota, Reliability: EIA-861 survey.

CSV

Analyst note

From 12.60 ¢ in 2015 to 16.98 ¢ in 2024, a move of +34.8%: Northern States Power Co - Minnesota outpaced its state (+27.5%) by 7.3 points, and +4.5 points against the U.S. Northern States Power Co - Minnesota's sharpest move came in 2022, +12.1%. The latest year is the high at 16.98 ¢; the low was 12.60 ¢ (2015). 2024: +4.1% here, +4.9% for the Minnesota average. SAIDI at Northern States Power Co - Minnesota (major events excluded) rose from 87 minutes in 2015 to 110 in 2024, +26%; worst year 2024 at 110. Northern States Power Co - Minnesota filed SAIDI under the national median in 9 of 10 years; its 2024 figure was 110 minutes, +11 from that year's median. 2024: 309 minutes with major events, 110 without, the widest gap of any year. Northern States Power Co - Minnesota has 13 cheaper and 2 higher-priced Minnesota peers among 16 with 20,000+ homes. Next cheaper, East Central Energy, bills 16.89 ¢ (-0.10). Next higher-priced, Lake Country Power, bills 17.90 ¢ (+0.92).

A 9.9% premium over Minnesota, with outage minutes at 1.11x the national median.

Home accounts at Northern States Power Co - Minnesota went from 1,122,172 in 2015 to 1,230,057 in 2024, +9.6%. Business customers paid 0.76 times the home price in 2024 (12.85 against 16.98 ¢); the ratio was 0.75 in 2015. SAIFI went from 0.82 in 2015 to 1.08 in 2024, between 0.73 and 1.08.

What kind of utility is Northern States Power Co - Minnesota?

Northern States Power Co - Minnesota files with EIA as an investor-owned utility. In Minnesota, investor-owned utilities serve 60% of residential customers at an average 16.6 cents per kWh. Northern States Power Co - Minnesota itself averaged 17.0 cents, 0.4 cents above its type in Minnesota.

Minnesota utilities by type · all states

Shutoffs for nonpayment, 2024

Reliability and meters, 2024

In 2024 the average Northern States Power Co - Minnesota customer was without power 110 minutes without major events and 309 with them. That is 23rd fewest of 27 Minnesota utilities with 10,000+ customers. The median Minnesota utility reported 57 minutes. Smart (AMI) meters: 89% of its 1,254,155 residential meters.

EIA-861 2024, retrieved 2026-10-01. Minnesota reliability, best and worst utilities, utility report card.

Facts

Customer accounts
1,375,25647.4% of Minnesota total
Residential accounts
1,230,05747.7% of Minnesota homes
Commercial accounts
144,71810.5% of the base
Residential rate
16.98 ¢/kWh14th place of 16, +9.9% against the state
Commercial rate
12.85 ¢/kWh24th place of 34, +5.8% against the state
SAIDI, no major events
110.4 minbetter than 46% of reporters
SAIFI, no major events
1.081.07x the median
SAIDI with major events
308.7 min64.2% from event days
Net-metered capacity
188.3 MW15,033 installations
Counties served
52Minnesota plus 2 more
Average residential use
7,054 kWh/yr588 a month
Implied monthly bill
$100+$3 on the U.S. rate, 588 kWh
Residential rate since 2015
+34.8%12.60 to 16.98 ¢/kWh
SAIDI trend
+26%87 min in 2015, 110 in 2024

Data tables

2024 by sector, Northern States Power Co - Minnesota

Northern States Power Co - Minnesota sectorAccountsRate ¢/kWhGap to Minnesota ¢/kWh
Residential1,230,05716.98+1.53
Commercial144,71812.85+0.70

Year by year, Northern States Power Co - Minnesota

YearHome accounts, Northern States Power CoHome ¢Business ¢RatioSAIDISAIFI
20151,122,17212.609.460.75870.82
20161,131,10713.189.920.75930.82
20171,140,53613.7910.800.78740.73
20181,149,95814.1510.550.75950.88
20191,159,57913.6210.400.76810.74
20201,171,59113.7410.490.76970.97
20211,186,19513.9211.580.83920.93
20221,199,12215.6013.260.85900.87
20231,212,79016.3113.330.82830.84
20241,230,05716.9812.850.761101.08

Peers of Northern States Power Co in Minnesota, 14th place of 16 on home price

Utility near Northern States Power Co on priceSAIDI min, gap to Northern States Power CoHome ¢, gap to Northern States Power CoGap % to Northern States Power CoAccounts, Northern States Power Co = 1
11. ALLETE, Inc.+10-1.32-7.8%0.11
12. People's Cooperative Services-54-0.29-1.7%0.02
13. East Central Energy-26-0.10-0.6%0.05
14. Northern States Power Co - Minnesota (this utility)11016.98-1.00
15. Lake Country Power+77+0.92+5.4%0.04
16. Rochester Public Utilities-68+0.93+5.5%0.04

Who buys Northern States Power Co's electricity

Class at Northern States Power CoAccountsOf Northern States Power Co accountsOf Northern States Power Co MWh soldkWh a year per Northern States Power Co account
Residential1,230,05789.4%31.3%7,054
Commercial144,71810.5%44.0%84,243
Industrial and other4800.03%24.7%14,279,265

Northern States Power Co among Xcel Energy group

Northern States Power Co and its neighbours on priceSAIDI min, gap to Northern States Power CoHome ¢, gap to Northern States Power CoAccounts, Northern States Power Co = 1
1. Public Service Co of Colorado (CO)+48-1.931.16
2. Northern States Power Co (WI)+12-1.150.19
3. Northern States Power Co - Minnesota (MN, this utility)11016.981.00

Northern States Power Co: meters, rate options and solar

MeasureNorthern States Power CoMinnesota contextNorthern States Power Co detail
Northern States Power Co home meters on AMI89.4%Minnesota 87.5%1,121,389 of 1,254,155 meters
Home meters, AMR (drive-by read)132,755Minnesota figure not published10.6% of meters
Time-of-use rate for Northern States Power Co homesOffered21 of 37 Minnesota utilities offer one16,042 homes on dynamic pricing, 1.30% of 1,230,057
Net-metered installations15,03389% residential10.9 homes per 1,000 accounts, 12.5 kW average

Monthly energy cost by use, Northern States Power Co - Minnesota

kWhShare of a 588 kWh monthCost a month at 16.98 ¢vs U.S.Cost a year
25043%$42.45+$1.25$509
50085%$84.90+$2.50$1,019
750128%$127.36+$3.76$1,528
1,000170%$169.81+$5.01$2,038
1,500255%$254.71+$7.51$3,057
2,000340%$339.62+$10.02$4,075

Outage record, Northern States Power Co - Minnesota

Measure, Northern States Power CoNo eventsAll eventsConverted
SAIDI minutes110.4308.71.84 h
SAIFI interruptions1.0801.4700.93 yr apart
CAIDI minutes102.2210.01.70 h

Territory of Northern States Power Co - Minnesota

52 Minnesota counties plus 2 other states, region MRO:

Counties served by Northern States Power Co - MinnesotaBrownKandiyohiMurrayNoblesDodgeToddLyonWasecaPipestoneRockSteeleWatonwanPolkFreebornMcLeodLe SueurRenvilleDouglasOlmstedChippewaRedwoodBentonNormanClayChisagoAnokaCarverLac qui ParleWinonaDakotaHoustonWilkinBlue EarthRiceSherburneWabashaYellow MedicineSibleyMeekerHennepinScottPopeRamseyMowerNicolletFaribaultWrightLincolnGoodhueStearnsPineWashingtonWardMcHenryGrand ForksTraillCassMoodyTurnerMcCookMinerSanbornHutchinsonLakeHansonMinnehahaLincoln

Minnesota other states: 67 of 67 counties of Northern States Power Co - Minnesota drawn

Northern States Power Co - Minnesota: 67 counties listed by EIA-861, Census 2023 outlines.

CSV
County list
  • Anoka
  • Benton
  • Blue Earth
  • Brown
  • Carver
  • Chippewa
  • Chisago
  • Clay
  • Dakota
  • Dodge
  • Douglas
  • Faribault
  • Freeborn
  • Goodhue
  • Hennepin
  • Houston
  • Kandiyohi
  • Lac Qui Parle
  • Le Sueur
  • Lincoln
  • Lyon
  • McLeod
  • Meeker
  • Mower
  • Murray
  • Nicollet
  • Nobles
  • Norman
  • Olmsted
  • Pine
  • Pipestone
  • Polk
  • Pope
  • Ramsey
  • Redwood
  • Renville
  • Rice
  • Rock
  • Scott
  • Sherburne
  • Sibley
  • Stearns
  • Steele
  • Todd
  • Wabasha
  • Waseca
  • Washington
  • Watonwan
  • Wilkin
  • Winona
  • Wright
  • Yellow Medicine

Questions on Northern States Power Co - Minnesota

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

1,375,256 accounts in 2024: residential 1,230,057, commercial 144,718, industrial 480.

What is the average residential rate of Northern States Power Co - Minnesota?

In 2024 homes paid 16.98 cents; against the Minnesota average that is +9.9%.

How reliable is Northern States Power Co - Minnesota by SAIDI and SAIFI?

SAIDI 110.4 min and SAIFI 1.08 a year, major events excluded; ratio to the national median 1.11, CAIDI 102 min.

How much solar net metering is on the Northern States Power Co - Minnesota grid?

15,033 installations with 188.3 MW, of which residential installations number 13,411.

What is the monthly bill at Northern States Power Co - Minnesota for average use?

588 kWh at 16.98 cents comes to about $100, energy only.

How does Northern States Power Co - Minnesota rank on price within Minnesota?

Rank 14 of 16 in Minnesota on price, +9.9% against the state average; 13 charge less than 16.98 ¢.

What share of Northern States Power Co - Minnesota sales do homes buy?

Homes take 31.3% of 27,722,191 MWh, commercial accounts 44.0%, industrial and other 24.7%; the 144,718 commercial accounts use 84,243 kWh each, 11.9 times a home.

At Northern States Power Co - Minnesota, are smart meters in homes, with a TOU option?

1,121,389 of 1,254,155 home meters are AMI, 89.4%. Northern States Power Co offers a home time-of-use rate; 16,042 customers use dynamic pricing, 1.30% of its homes.

Has Northern States Power Co - Minnesota moved up the Minnesota price list since 2015?

10th cheapest of 14 in 2015, 14th of 16 in 2024; its price rose 34.8% while Minnesota rose 27.5%.

Where does Northern States Power Co - Minnesota stand among 2 peers?

Place 3 of 3 on home price at 16.98 ¢ (Xcel Energy group); median 15.83 ¢, cheapest member 15.05 ¢.

What did Northern States Power Co - Minnesota charge homes in 2025?

17.07 cents per kWh, +0.5% on the 16.98 of 2024 (EIA early release for 2025).

Utilities with a similar home price

Home prices nearest to Northern States Power Co - Minnesota at 16.98 ¢/kWh in 2024, among companies with a page here, any state.

More on Northern States Power Co - Minnesota

Rate plans on file

24 home plan records, energy charges: 4.2 to 31.5 ¢/kWh.

Who offers time-of-use and tiered rates (17 Apr 2026 snapshot).

Primary sources for Northern States Power Co - Minnesota: 16.98 ¢/kWh for homes, 110 minutes of SAIDI (2024)

Share this page

Northern States Power Co - Minnesota: 588 kWh a month costs roughly $100 in energy at 16.98 ¢/kWh, +9.9% on the Minnesota average of 15.45 ¢.

Cite this page

Underlying data are U.S. government works (EIA, Census Bureau). Our tables and charts: CC BY 4.0, credit Electric Consumer. The access date fills in when you open this page.

APA

Electric Consumer. (2026). Northern States Power Co - Minnesota customer mix: 17.07 ¢/kWh in 2025, SAIDI 110 min in 2024. Data as of 26 October 2026. Retrieved 26 October 2026, from https://electricconsumer.org/companies/northern-states-power-co-minnesota.html

MLA

Electric Consumer. “Northern States Power Co - Minnesota customer mix: 17.07 ¢/kWh in 2025, SAIDI 110 min in 2024.” Electric Consumer, data as of 26 October 2026, https://electricconsumer.org/companies/northern-states-power-co-minnesota.html. Accessed 26 October 2026.

Chicago

Electric Consumer. “Northern States Power Co - Minnesota customer mix: 17.07 ¢/kWh in 2025, SAIDI 110 min in 2024.” Data as of 26 October 2026. Accessed 26 October 2026. https://electricconsumer.org/companies/northern-states-power-co-minnesota.html.

BibTeX

@misc{usedata_companies_northern_states_power_co_minnesota,
  author = "Electric Consumer",
  title = {Northern States Power Co - Minnesota customer mix: 17.07 ¢/kWh in 2025, SAIDI 110 min in 2024},
  year = {2026},
  url = {https://electricconsumer.org/companies/northern-states-power-co-minnesota.html},
  note = {Data as of 26 October 2026. Accessed 26 October 2026}
}
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