Is electricity getting more expensive in Minnesota?
Minnesota homes pay 14% more than in 2001 once inflation is removed. Minnesota paid 7.61 ¢ per kWh in 2001 (13.83 ¢ in today's money) and 15.82 ¢ in 2025: +107.9% printed, +14.4% real. Rank 31st of 51 (1 = biggest real fall).
Minnesota price since 2001
Minnesota cents per kWh by year, 2001 to 2025: 25 rows
| Year | Minnesota, 2025 dollars | Minnesota, as printed |
|---|---|---|
| 2001 | 13.83 | 7.61 |
| 2002 | 13.40 | 7.49 |
| 2003 | 13.39 | 7.65 |
| 2004 | 13.50 | 7.92 |
| 2005 | 13.65 | 8.28 |
| 2006 | 13.89 | 8.70 |
| 2007 | 14.25 | 9.18 |
| 2008 | 14.56 | 9.74 |
| 2009 | 15.07 | 10.04 |
| 2010 | 15.64 | 10.59 |
| 2011 | 15.69 | 10.96 |
| 2012 | 15.92 | 11.35 |
| 2013 | 16.32 | 11.81 |
| 2014 | 16.33 | 12.01 |
| 2015 | 16.46 | 12.12 |
| 2016 | 17.00 | 12.67 |
| 2017 | 17.13 | 13.04 |
| 2018 | 16.85 | 13.14 |
| 2019 | 16.42 | 13.04 |
| 2020 | 16.38 | 13.17 |
| 2021 | 16.04 | 13.50 |
| 2022 | 15.68 | 14.25 |
| 2023 | 15.56 | 14.73 |
| 2024 | 15.86 | 15.45 |
| 2025 | 15.82 | 15.82 |
25 rows from EIA, BLS.
CSV| Year | Minnesota as printed | Minnesota in 2025 dollars | Minnesota real change on the row above | Minnesota against U.S. real price |
|---|---|---|---|---|
| 2001 | 7.61 ¢ | 13.83 ¢ | start | −11.3% |
| 2006 | 8.70 ¢ | 13.89 ¢ | +0.4% | −16.4% |
| 2011 | 10.96 ¢ | 15.69 ¢ | +13.0% | −6.4% |
| 2016 | 12.67 ¢ | 17.00 ¢ | +8.3% | +1.0% |
| 2021 | 13.50 ¢ | 16.04 ¢ | −5.6% | −1.2% |
| 2025 | 15.82 ¢ | 15.82 ¢ | −1.4% | −8.6% |
What would your Minnesota bill have been?
Try your own Minnesota bill
- 2010: 15.64 ¢ (2025 dollars), $115 a month for 738 kWh. 2025: 15.82 ¢, $117. $1 more a month, $16 a year.
- Scenario at +2.7% a year: 18.07 ¢ and $133 a month in 2030. Not a forecast.
What the Minnesota numbers say
Minnesota's biggest one-year real jump came in 2010 (+3.8%) and its biggest drop in 2002 (−3.1%); the Minnesota price fell in 9 of 24 yearly steps. Minnesota's real price last stood above today's 15.82 ¢ in 2024, at 15.86 ¢.
From 2019 to 2025 the Minnesota real price moved −3.7%, from 16.42 ¢ to 15.82 ¢ in 2025 dollars, so the recent years changed little. Minnesota sat 11.3% below the U.S. average in 2001 (13.83 ¢ against 15.60 ¢); Minnesota is 8.6% below it in 2025 (15.82 ¢ against 17.30 ¢).
Per year, Minnesota moved +0.56% real and +3.10% printed over 24 years, against +0.43% real for the nation.
Minnesota key numbers
| Measure | Minnesota |
|---|---|
| Minnesota 2001 price, as printed | 7.61 ¢ |
| Minnesota 2001 price in 2025 dollars | 13.83 ¢ |
| Minnesota 2025 price, preliminary | 15.82 ¢ |
| Minnesota change as printed | +107.9% |
| Minnesota change after inflation | +14.4% |
| Minnesota real change since 2019 | −3.7% |
| Minnesota real change since 2021 | −1.4% |
| Minnesota highest real price (2017) | 17.13 ¢ |
| Minnesota lowest real price (2003) | 13.39 ¢ |
| Minnesota real change per year | +0.56% |
Minnesota against its neighbors
Minnesota: +14.4% real since 2001. States bordering: Iowa −10.3% (24.7 points below Minnesota); North Dakota +0.4% (14.0 points below Minnesota); South Dakota −0.8% (15.2 points below Minnesota); Wisconsin +26.5% (12.1 points above Minnesota).
Sources
EIA state data and EIA-861 give the Minnesota prices; BLS CPI-U gives the inflation factor for Minnesota. Retrieved 5 Oct 2026. Method. CSV for every state, Minnesota included
More on Minnesota
Questions
Is electricity getting more expensive in Minnesota?
The Minnesota home price went from 7.61 ¢ per kWh in 2001 to 15.82 ¢ in 2025 as printed (+107.9%). After inflation Minnesota changed +14.4%, against +10.9% for the U.S.
What is the Minnesota home electricity price in 2025 dollars?
Minnesota paid 13.83 ¢ per kWh in 2001 (in 2025 dollars) and 15.82 ¢ in 2025. The Minnesota series low is 13.39 ¢ (2003) and the high is 17.13 ¢ (2017).
Minnesota: how does it rank on electricity prices against inflation?
Minnesota ranks 31st of 51 on the real change since 2001 (+14.4%), and 15th on the change since 2019 (−3.7%).
Minnesota homes in 2025 against 2019: how much more?
Minnesota went from 13.04 ¢ to 15.82 ¢ as printed (+21.3%), and from 16.42 ¢ to 15.82 ¢ in 2025 dollars (−3.7%).