Electric Consumer

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

Who runs the utilities in Minnesota?

60%of Minnesota homes are served by investor-owned utilities

Minnesota has 2,329,615 residential customers, EIA-861 2024 sales file (90% of EIA's count). Investor-owned 60.4%. Cooperative 31.3%. Municipal 8.3%. Minnesota ranks 37th of 51 states, investor-owned.

Minnesota homes by utility type

Minnesota: customers by type, %

  1. 60.4Investor-owned
  2. 8.3Municipal
  3. 31.3Cooperative
Minnesota customers and prices by type
Minnesota typeUtilitiesCustomersSharePrice ¢/kWhGap ¢ (%)kWh/moNonmetro
Investor-owned41,406,15960.4%16.57not shown60361%
Municipal120193,4488.3%14.70-1.87 (-11%)64234%
Cooperative45730,00831.3%14.59-1.98 (-12%)88849%
Political subdivision30nonenonenot shownnoneno county data

Minnesota: 124 short-form utilities with 291,088 customers (all sectors) have no residential split, so the sales file reaches 90% of homes.

Minnesota prices by utility type

municipal utilities average 14.7 cents, 1.9 cents (11%) below investor-owned at 16.6; cooperatives average 14.6 cents, 2.0 cents (12%) below investor-owned at 16.6.

cents per kWh, average residential price by utility type, 2024

  • Investor-owned16.57
  • Municipal14.70
  • Cooperative14.59
  • Minnesota bundled average15.64

Minnesota gaps mix cost and customer mix; method.

Minnesota: which utilities set the averages

Investor-owned at 16.6 cents and cooperatives at 14.6 are the widest pair in Minnesota, 2.0 cents (14%).

Investor-owned: Northern States Power Co - Minnesota holds 87% of priced customers at 17.0 cents, group average 16.6. Among 3 with 5,000+ customers, Otter Tail Power Co charges 11.3 and Northern States Power Co - Minnesota 17.0, 5.6 cents apart.

Municipal: Rochester Public Utilities holds 28% of priced customers at 17.9 cents, group average 14.7. Among 13 with 5,000+ customers, City of Marshall charges 9.7 and Rochester Public Utilities 17.9, 8.2 cents apart.

Cooperative: Connexus Energy holds 18% of priced customers at 13.7 cents, group average 14.6. Among 21 with 5,000+ customers, Federated Rural Electric Assn charges 11.6 and Lake Country Power 17.9, 6.3 cents apart.

Minnesota territory, rural or urban

Minnesota has 87 counties, 69% of them nonmetro in USDA's 2023 codes. Customer-weighted: investor-owned territory is 61% nonmetro; municipal territory is 34% nonmetro; cooperative territory is 49% nonmetro.

Minnesota: largest utilities

Minnesota utilities by customers
Northern States Power Co - MinnesotaInvestor-owned1,230,05716.9858858%
Connexus EnergyCooperative134,09513.667720%
ALLETE, Inc.Investor-owned125,89615.6665176%
Dakota Electric AssociationCooperative108,09714.0071650%
East Central EnergyCooperative55,25016.8982040%
Rochester Public UtilitiesMunicipal54,94317.915600%
Wright-Hennepin Coop Elec AssnCooperative53,71414.5989729%
Otter Tail Power CoInvestor-owned50,11811.3484293%
Lake Country PowerCooperative47,20417.9082975%
Crow Wing Cooperative Power & Light CompCooperative44,69813.33809100%
Minnesota Valley Electric CoopCooperative43,41213.9894833%
Lake Region Electric CooperativeCooperative27,23913.2899588%
Stearns Cooperative Elec AssnCooperative26,13813.881,20483%
People's Cooperative ServicesCooperative21,66516.7087333%
Beltrami Electric Coop, IncCooperative20,73214.401,108100%
Shakopee Public Utilities CommMunicipal18,51715.546250%
BENCO Electric CooperativeCooperative18,36115.0394240%
City of MoorheadMunicipal18,18011.388160%
Freeborn Mower Electric CooperativeCooperative17,84215.1584857%
MiEnergy CooperativeCooperative15,22416.5693140%
Mille Lacs Energy CooperativeCooperative14,54617.5869967%
Runestone Electric AssnCooperative14,28214.361,12286%
Wild Rice Electric Coop, IncCooperative13,94814.351,17160%
City of Elk RiverMunicipal11,77615.837300%
City of AnokaMunicipal11,64615.885450%
City of OwatonnaMunicipal11,43415.27631100%
Itasca-Mantrap Co-op Electrical AssnCooperative11,20013.44908100%
City of ChaskaMunicipal10,95416.286470%
City of AustinMunicipal10,79515.34599100%
Steele-Waseca Cooperative ElectricCooperative10,72515.6393967%

Download all 46 Minnesota utilities as CSV

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Minnesota next to its neighbors

Minnesota: municipal -11%, cooperative -12% against investor-owned. Gaps are within each state.

Minnesota neighbors
StateInvestor-ownedMunicipalCooperativeMuni gapCoop gap
Minnesota60%8%31%-11%-12%
Iowa84%5%11%-13%-1%
North Dakota56%0%44%not shown-5%
South Dakota64%9%26%-22%-2%
Wisconsin86%8%6%-31%-10%

More

Similar investor-owned share: Delaware 66%, South Dakota 64%, Colorado 58%, Alabama 57%

Sources

Minnesota: EIA-861 (2024), USDA RUCC (2023); retrieval dates, checksums.

Questions

Which utility type serves most Minnesota homes?

Investor-owned utilities, 60.4% of 2,329,615 customers.

Do Minnesota co-ops or municipal utilities charge less?

Municipal utilities averaged 14.7 cents per kWh against 16.6 for investor-owned (-11%). Cooperatives averaged 14.6 cents per kWh against 16.6 for investor-owned (-12%).

How many utilities does Minnesota have?

EIA-861 (2024) lists 172; residential sales are reported by 46.

Can Minnesota customers pick their utility?

No; Minnesota shows almost no energy-only supply and the address sets the utility.

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60% of Minnesota homes are served by investor-owned utilities

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). Minnesota electricity by utility type: investor-owned utilities serve 60% of homes. Data as of 7 October 2026. Retrieved [date accessed], from https://electricconsumer.org/ownership/states/minnesota.html

MLA

Electric Consumer. “Minnesota electricity by utility type: investor-owned utilities serve 60% of homes.” Electric Consumer, data as of 7 October 2026, https://electricconsumer.org/ownership/states/minnesota.html. Accessed [date accessed].

Chicago

Electric Consumer. “Minnesota electricity by utility type: investor-owned utilities serve 60% of homes.” Data as of 7 October 2026. Accessed [date accessed]. https://electricconsumer.org/ownership/states/minnesota.html.

BibTeX

@misc{usedata_ownership_states_minnesota,
  author = "Electric Consumer",
  title = {Minnesota electricity by utility type: investor-owned utilities serve 60% of homes},
  year = {2026},
  url = {https://electricconsumer.org/ownership/states/minnesota.html},
  note = {Data as of 7 October 2026. Accessed [date accessed]}
}
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