Utilities listed
46
Minnesota, 2025
Homes counted
2.61 million
Residential customers
Average price
15.83 cents
Per kWh, Minnesota
Average bill
$117.67
Per month
Utilities serving Minnesota homes
| Utility | Type | Homes in MN | Cents per kWh | Monthly bill |
|---|---|---|---|---|
| Xcel Energy Minnesota | Investor-owned | 1,243,236 | 16.50 | $104.68 |
| Connexus Energy | Cooperative | 136,082 | 14.11 | $113.11 |
| ALLETE | Investor-owned | 126,520 | 15.86 | $106.80 |
| Dakota Electric Association | Cooperative | 109,148 | 15.63 | $116.41 |
| East Central Energy | Cooperative | 55,839 | 17.60 | $149.94 |
| Rochester Public Utilities | Municipal | 55,728 | 18.58 | $107.89 |
| Wright-Hennepin Cooperative Electric Association | Cooperative | 54,582 | 15.00 | $140.42 |
| Otter Tail Power | Investor-owned | 50,219 | 11.19 | $111.63 |
| Lake Country Power | Cooperative | 47,386 | 18.34 | $160.13 |
| Crow Wing Cooperative Power and Light | Cooperative | 45,155 | 14.30 | $123.31 |
| Minnesota Valley Electric Cooperative | Cooperative | 43,682 | 14.39 | $145.67 |
| Lake Region Electric Cooperative | Cooperative | 27,496 | 13.60 | $143.05 |
| Stearns Cooperative Electric Association | Cooperative | 26,275 | 14.07 | $177.36 |
| People's Cooperative Services | Cooperative | 21,741 | 17.19 | $157.98 |
| Beltrami Electric Cooperative | Cooperative | 20,929 | 15.47 | $179.05 |
| Shakopee Public Utilities Commission | Municipal | 18,970 | 15.91 | $105.55 |
| City of Moorhead | Municipal | 18,556 | 11.52 | $97.26 |
| BENCO Electric Cooperative | Cooperative | 18,500 | 16.14 | $157.87 |
| Freeborn Mower Electric Cooperative | Cooperative | 17,664 | 15.27 | $136.39 |
| MiEnergy Cooperative | Cooperative | 15,320 | 16.99 | $169.02 |
| Mille Lacs Energy Cooperative | Cooperative | 14,603 | 17.50 | $129.96 |
| Runestone Electric Association | Cooperative | 14,349 | 14.75 | $175.87 |
| Wild Rice Electric Cooperative | Cooperative | 14,001 | 14.70 | $181.79 |
| City of Elk River | Municipal | 11,935 | 16.27 | $123.77 |
| City of Anoka | Municipal | 11,624 | 16.20 | $91.96 |
| City of Owatonna | Municipal | 11,597 | 15.03 | $97.67 |
| Itasca-Mantrap Co-op Electrical Association | Cooperative | 11,412 | 13.11 | $126.98 |
| City of Chaska | Municipal | 11,194 | 16.75 | $112.27 |
| City of Austin | Municipal | 10,820 | 15.35 | $95.86 |
| Steele-Waseca Cooperative Electric | Cooperative | 10,788 | 16.46 | $161.25 |
| City of Alexandria | Municipal | 8,871 | 11.99 | $91.04 |
| Meeker Cooperative Light and Power Association | Cooperative | 8,593 | 14.03 | $197.71 |
| Willmar Municipal Utilities | Municipal | 8,521 | 13.77 | $93.07 |
| Brainerd Public Utilities | Municipal | 7,014 | 12.10 | $80.11 |
| Hutchinson Utilities Commission | Municipal | 6,731 | 11.02 | $77.85 |
| City of Marshall | Municipal | 5,864 | 9.85 | $88.09 |
| Federated Rural Electric Association | Cooperative | 5,733 | 12.81 | $160.10 |
| Minnesota Valley Cooperative L&P Association | Cooperative | 4,946 | 13.23 | $284.94 |
| City of Worthington | Municipal | 4,667 | 12.16 | $79.65 |
| South Central Electric Association | Cooperative | 4,657 | 15.51 | $216.54 |
| Agralite Electric Cooperative | Cooperative | 4,348 | 13.74 | $191.28 |
| Sioux Valley Southwestern Electric Cooperative | Cooperative | 3,371 | 13.87 | $190.03 |
| Glencoe Light and Power Commission | Municipal | 2,589 | 9.25 | $65.42 |
| City of Lake Crystal | Municipal | 1,080 | 20.01 | $133.97 |
| Northwestern Wisconsin Electric | Investor-owned | 51 | 14.64 | $84.00 |
| Heartland Power Cooperative | Cooperative | 38 | 12.84 | $208.35 |
Source: U.S. Energy Information Administration, Form EIA-861 (final 2025 data). Homes in MN counts only the customers in this state. Price and bill cover the utility's whole territory and bundled customers only. Delivery only means the utility carries power but does not sell it.
Who owns Minnesota's electric companies
| Type | Utilities | Homes in MN | Share of homes |
|---|---|---|---|
| Investor-owned utility | 4 | 1,420,026 | 60.4% |
| Municipal utility | 16 | 195,761 | 8.3% |
| Electric cooperative | 26 | 736,638 | 31.3% |
Each type is run differently. An investor-owned company answers to shareholders and a state commission. A municipal utility answers to a city. A cooperative answers to its members. That is why the same state can have very different prices and service from one address to the next.
What Minnesota utilities charge, by type
| Type | Utilities with a price | Average cents per kWh |
|---|---|---|
| Investor-owned utility | 4 | 15.94 |
| Municipal utility | 16 | 15.04 |
| Electric cooperative | 26 | 15.18 |
Source: U.S. Energy Information Administration, Form EIA-861 (final 2025 data). Customer-weighted average of the prices utilities report for bundled residential service. It leaves out delivery-only customers and retail providers.
Outside the investor-owned companies, the largest municipal utility is Rochester Public Utilities (55,728 homes), and the largest electric cooperative is Connexus Energy (136,082 homes).
Price differences between types come from costs, customer density and the way each type is financed, so a lower average does not decide which is better for your home.
Utilities with full profiles
These Minnesota utilities are among the 600 largest in the country, and each has a profile with its service area, reliability and rate options.
- ProfileXcel Energy Minnesota1.42 million homes. Investor-owned.Open
- ProfileConnexus Energy136 thousand homes. Cooperative.Open
- ProfileALLETE127 thousand homes. Investor-owned.Open
- ProfileDakota Electric Association109 thousand homes. Cooperative.Open
- ProfileEast Central Energy61 thousand homes. Cooperative.Open
- ProfileRochester Public Utilities56 thousand homes. Municipal.Open
- ProfileWright-Hennepin Cooperative Electric Association55 thousand homes. Cooperative.Open
- ProfileOtter Tail Power105 thousand homes. Investor-owned.Open
- ProfileLake Country Power47 thousand homes. Cooperative.Open
How Minnesota compares
The statewide average residential price is 15.83 cents per kWh and the average bill is $117.67 a month. See the full breakdown, rankings and neighbors on the Minnesota electricity rates page. Among utilities with at least 10,000 bundled residential customers, average prices ran from 11.19 cents at Otter Tail Power to 18.58 cents at Rochester Public Utilities.
Can you switch electric companies in Minnesota?
Most households cannot choose. The company that serves your address is set by where you live. Regulation and complaints go through the Minnesota Public Utilities Commission.
Find yours
Not sure which one serves you?
Minnesota electric company questions
Who is the largest electric company in Minnesota?
Xcel Energy Minnesota serves the most residential customers in Minnesota, about 1.24 million homes in 2025 (EIA Form EIA-861).
How many electric utilities are there in Minnesota?
EIA lists 46 electric utilities with residential customers in Minnesota for 2025. Most households are served by a handful of the largest ones.
Which Minnesota utility has the lowest average price?
Among Minnesota utilities with at least 10,000 bundled residential customers, Otter Tail Power had the lowest average residential price in 2025 at 11.19 cents per kWh and Rochester Public Utilities had the highest at 18.58 cents. Prices reflect the utility's costs and customer mix, so a lower price does not mean better service.
Can I choose my electric company in Minnesota?
Usually not. Households in Minnesota buy electricity from the utility, municipal system or cooperative that serves their address.