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

Xcel Energy (Northern States Power) electricity rates

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

Investor-owned utility, 224,688 homes in Wisconsin. EIA lists it as Northern States Power Co.

Headlines

Average price
16.9¢ a kWh
Up 8.6% on a year ago
Average bill
$123 a month
Up 11% on a year ago
Average use
732 kWh
A month. Wisconsin 665 kWh
Price rank in Wisconsin
5 of 8
1 is the most expensive

Over the 12 months to August 2026, Xcel Energy (Northern States Power) homes paid 16.9¢ a kWh, against 18.8¢ across Wisconsin.

Xcel Energy (Northern States Power) vs Wisconsin

Xcel Energy (Northern States Power)Wisconsin
Average price, 12 months to August 202616.9¢18.8¢
Price in August 202618.3¢19.4¢
Average monthly bill, 12 months$123$125
Bill in August 2026$148$148
Average monthly use732 kWh665 kWh
Price change, past year+8.6%+6.1%
Price change since 2019+26%+33%

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