US Energy Price Monitorby KadoaUpdated weeklyStar on GitHub

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

South Dakota

Xcel Energy (Northern States Power Minnesota) electricity rates

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

Investor-owned utility, 95,427 homes in South Dakota. EIA lists it as Northern States Power Co - Minnesota.

Headlines

Average price
15.0¢ a kWh
Up 9.5% on a year ago
Average bill
$116 a month
Up 11% on a year ago
Average use
777 kWh
A month. South Dakota 983 kWh
Price rank in South Dakota
4 of 8
1 is the most expensive

Over the 12 months to August 2026, Xcel Energy (Northern States Power Minnesota) homes paid 15.0¢ a kWh, against 14.3¢ across South Dakota.

Xcel Energy (Northern States Power Minnesota) vs South Dakota

Xcel Energy (Northern States Power Minnesota)South Dakota
Average price, 12 months to August 202615.0¢14.3¢
Price in August 202614.3¢15.2¢
Average monthly bill, 12 months$116$140
Bill in August 2026$134$160
Average monthly use777 kWh983 kWh
Price change, past year+9.5%+8.2%
Price change since 2019+25%+24%

Electricity price

Average residential price a kilowatt-hour, by month.

Up to and including August 2026

Source: EIA-861M monthly utility survey. Revenue over kilowatt-hours sold, including fixed charges.

Average monthly bill

What an average home pays a month.

Up to and including August 2026

Source: EIA-861M monthly utility survey.