Electricity rates — ZIP 55415
A household in ZIP 55415 (Minneapolis) using 1,000 kWh a month pays about $1,244.36 a year on the cheapest of 10 generally available plans — Residential Service (D01/D03) Standard from Northern States Power Co - Minnesota (North Dakota). Rates checked September 2, 2026. A further 14 schedules are published but restricted — means-tested, closed to new customers, or needing particular equipment — and they are priced further down.
Every priced plan, 1,000 kWh/mo
| Plan | Per year | vs cheapest | Effective |
|---|---|---|---|
| Residential Heat Pump Service (E06)time-of-use · needs a heat pump | $713.00 | −$531.36 | 5.9¢ |
| Energy Controlled Service/Non-Demand Metered (E10 )-Residentialtime-of-use · needs controlled load equipment | $732.64 | −$511.72 | 6.1¢ |
| Energy Controlled Service Non-demand metered Residential (A05)flat rate · needs controlled load equipment | $940.56 | −$303.80 | 7.8¢ |
| Residential Time of Day Service (D02/D04) Electric Space Heatingtime-of-use · needs electric heating | $1,205.98 | −$38.38 | 10.0¢ |
| Residential Service - Underground (E03) Electric Space Heatingtime-of-use · tiered · needs electric heating | $1,234.76 | −$9.60 | 10.3¢ |
| Residential Service (D01/D03) Standard✓ cheapesttime-of-use | $1,244.36 | — | 10.4¢ |
| Residential Time of Day Service (D02/D04) Standardtime-of-use | $1,249.25 | +$4.89 | 10.4¢ |
| Residential Service (D01/D03) Electric Space Heatingtime-of-use · needs electric heating | $1,279.76 | +$35.40 | 10.7¢ |
| Residential Service Time Of Day - Overhead (E02) Electric Space Heatingtime-of-use · needs electric heating | $1,347.46 | +$103.10 | 11.2¢ |
| Residential Service Time Of Day - Undergound (E04) Electric Space Heatingtime-of-use · needs electric heating | $1,371.46 | +$127.10 | 11.4¢ |
| Residential Service Time Of Day - Overhead (E02)time-of-use | $1,411.82 | +$167.46 | 11.8¢ |
| Residential Service - Overhead (E01) Electric Space Heatingtime-of-use · tiered · needs electric heating | $1,426.76 | +$182.40 | 11.9¢ |
| Residential Service Time Of Day - Underground (E04)time-of-use | $1,435.82 | +$191.46 | 12.0¢ |
| Residential Service - Underground (E03)time-of-use · tiered | $1,450.76 | +$206.40 | 12.1¢ |
| Residential Service - Overhead (E01)time-of-use · tiered | $1,489.48 | +$245.12 | 12.4¢ |
| Residential TOD Underground Electric Space Heating (A04)time-of-use · needs electric heating | $1,717.24 | +$472.88 | 14.3¢ |
| Residential TOD Overhead Electric Space Heating (A02)time-of-use · needs electric heating | $1,717.24 | +$472.88 | 14.3¢ |
| Residential Service - Underground Electric Space Heating (A03)time-of-use · needs electric heating | $1,740.52 | +$496.16 | 14.5¢ |
| Residential Service - Overhead Electric Space Heating (A01)time-of-use · needs electric heating | $1,740.52 | +$496.16 | 14.5¢ |
| Residential TOD Underground Standard (A04)time-of-use | $1,869.55 | +$625.19 | 15.6¢ |
| Residential TOD Overhead Standard (A02)time-of-use | $1,940.27 | +$695.91 | 16.2¢ |
| Residential Electric Vehicle Service (A08)time-of-use · needs an electric vehicle | $1,987.18 | +$742.82 | 16.6¢ |
| Residential Service - Overhead Standard (A01)time-of-use | $2,016.44 | +$772.08 | 16.8¢ |
| Residential Service - Underground Standard (A03)time-of-use | $2,016.44 | +$772.08 | 16.8¢ |
Cost across usage levels
The cheapest plan at each consumption level, showing whether the ranking holds as usage changes.
- 500 kWh/mo — cheapest $713.56 (Residential Service (D01/D03) Standard), dearest $1,044.28, a $330.72 spread
- 1,000 kWh/mo — cheapest $1,244.36 (Residential Service (D01/D03) Standard), dearest $2,016.44, a $772.08 spread
- 2,000 kWh/mo — cheapest $2,291.62 (Residential Time of Day Service (D02/D04) Standard), dearest $3,960.88, a $1,669.26 spread
What a typical bill costs
At 1,000 kWh a month the 24 priceable plans here run from $1,244.36 on Residential Service (D01/D03) Standard to $2,016.44 on Residential Service - Underground Standard (A03), with a median of $1,470.12.
The spread is $772.08 a year — about $64.34 a month for identical electricity.
Effective rates, bill divided by kilowatt-hours, span 10.4¢ to 16.8¢ per kWh at that usage.
What each provider costs
3 utilities serve customers across ZIP 55415 (Minneapolis) in this data. At 1,000 kWh a month the cheapest of them is Northern States Power Co - Minnesota (North Dakota) at $1,244.36 a year on Residential Service (D01/D03) Standard; the dearest is Northern States Power Co - Minnesota at $1,869.55.
That is $625.19 a year between the best each provider offers — and unlike a choice of plan, it is not a choice at all. Which utility serves an address is fixed by the service territory.
Cheapest available plan by provider: Northern States Power Co - Minnesota (North Dakota) $1,244.36; Northern States Power Co - Minnesota (South Dakota) $1,411.82; Northern States Power Co - Minnesota $1,869.55.
How the answer changes with usage
The cheapest plan in ZIP 55415 (Minneapolis) changes with consumption. At 500 kWh a month Residential Service (D01/D03) Standard wins at $713.56 a year; at 2,000 kWh Residential Time of Day Service (D02/D04) Standard wins at $2,291.62.
The penalty for a poor choice grows with usage: $330.72 a year at 500 kWh against $1,669.26 at 2,000 kWh.
How these plans are structured
Of 24 priceable plans: 4 tiered, 23 time-of-use, 1 flat-rate.
Fixed monthly charges run from $3.05 to $17.24.
Who provides these plans
These plans come from 3 utilities: Northern States Power Co - Minnesota, Northern States Power Co - Minnesota (North Dakota), Northern States Power Co - Minnesota (South Dakota).
The largest saving available here
Moving from Residential Service - Underground Standard (A03) to Residential Service (D01/D03) Standard saves $772.08 a year at 1,000 kWh a month, with no change in consumption.
What this does not cover
23 of these plans price by hour. WattClear does not know which hours a household uses, so those estimates carry lower confidence and say so on the figure.
New to these terms? The methodology page explains tiered bands, time-of-use periods and fixed charges, and sets out exactly what the rate engine assumes.
Estimate — your actual bill may differ.
Tariff structures from NREL/OpenEI Utility Rate Database (CC0 1.0), retrieved September 2, 2026.
Location resolved through the US Census Bureau Geocoder (Public domain) at 44.9778, -93.2650.