NewInsight: Investor-owned utilities charge 23% more for power

Xcel Energy (Northern States Power Minnesota) electricity rates

What homes pay Xcel Energy (Northern States Power Minnesota) for electricity, from EIA.

Investor-owned utility, 83,746 homes in North Dakota. EIA lists it as Northern States Power Co - Minnesota.

Headlines

Average price
13.8¢ a kWh
Up 6.2% on a year ago
Average bill
$108 a month
Up 9.9% on a year ago
Average use
785 kWh
A month. North Dakota 1,076 kWh
Price rank in North Dakota
1 of 9
1 is the most expensive

Over the 12 months to August 2026, Xcel Energy (Northern States Power Minnesota) homes paid 13.8¢ a kWh, against 12.3¢ across North Dakota.

Xcel Energy (Northern States Power Minnesota) vs North Dakota

Xcel Energy (Northern States Power Minnesota)North Dakota
Average price, 12 months to August 202613.8¢12.3¢
Price in August 202614.4¢13.3¢
Average monthly bill, 12 months$108$133
Bill in August 2026$114$130
Average monthly use785 kWh1,076 kWh
Price change, past year+6.2%+6.6%
Price change since 2019+37%+20%

Electricity price

Average residential price a kilowatt-hour, by month.

Up to and including August 2026

Average monthly bill

What an average home pays a month.

Up to and including August 2026