Electricity rates — Northern States Power Co - Minnesota

A household served by Northern States Power Co - Minnesota using 1,000 kWh a month pays about $1,869.55 a year on the cheapest of 4 generally available plans — Residential TOD Underground Standard (A04) from Northern States Power Co - Minnesota. Rates checked September 2, 2026. A further 6 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

Annual cost of each published plan, 1,000 kWh/mo, cheapest first
Plan	Per year	vs cheapest	Effective
Energy Controlled Service Non-demand metered Residential (A05)flat rate · needs controlled load equipment	$940.56	−$928.99	7.8¢
Residential TOD Underground Electric Space Heating (A04)time-of-use · needs electric heating	$1,717.24	−$152.31	14.3¢
Residential TOD Overhead Electric Space Heating (A02)time-of-use · needs electric heating	$1,717.24	−$152.31	14.3¢
Residential Service - Underground Electric Space Heating (A03)time-of-use · needs electric heating	$1,740.52	−$129.03	14.5¢
Residential Service - Overhead Electric Space Heating (A01)time-of-use · needs electric heating	$1,740.52	−$129.03	14.5¢
Residential TOD Underground Standard (A04)✓ cheapesttime-of-use	$1,869.55	—	15.6¢
Residential TOD Overhead Standard (A02)time-of-use	$1,940.27	+$70.72	16.2¢
Residential Electric Vehicle Service (A08)time-of-use · needs an electric vehicle	$1,987.18	+$117.63	16.6¢
Residential Service - Overhead Standard (A01)time-of-use	$2,016.44	+$146.89	16.8¢
Residential Service - Underground Standard (A03)time-of-use	$2,016.44	+$146.89	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 $970.79 (Residential TOD Underground Standard (A04)), dearest $1,044.28, a $73.49 spread
1,000 kWh/mo — cheapest $1,869.55 (Residential TOD Underground Standard (A04)), dearest $2,016.44, a $146.89 spread
2,000 kWh/mo — cheapest $3,667.16 (Residential TOD Underground Standard (A04)), dearest $3,960.88, a $293.72 spread

At a glance

Plans priced: 10
Utilities: 1
Cheapest, 1,000 kWh/mo: $1,869.55
Spread: $146.89/yr

Low confidence

MinnesotaState overview
ZIP 55415Where these plans were found
Electric space heating in MinnesotaWhat it costs to run here
Air conditioning in MinnesotaWhat it costs to run here
Electric water heater in MinnesotaWhat it costs to run here
Refrigerator in MinnesotaWhat it costs to run here
Separate freezer in MinnesotaWhat it costs to run here
Electric stove and oven in MinnesotaWhat it costs to run here
Microwave in MinnesotaWhat it costs to run here
Washing machine in MinnesotaWhat it costs to run here
Electric clothes dryer in MinnesotaWhat it costs to run here
Dishwasher in MinnesotaWhat it costs to run here
Lighting in MinnesotaWhat it costs to run here
TVs and streaming devices in MinnesotaWhat it costs to run here
Ceiling fans in MinnesotaWhat it costs to run here

What a typical bill costs

At 1,000 kWh a month the 10 priceable plans here run from $1,869.55 on Residential TOD Underground Standard (A04) to $2,016.44 on Residential Service - Underground Standard (A03), with a median of $1,978.36.

The spread is $146.89 a year — about $12.24 a month for identical electricity.

Effective rates, bill divided by kilowatt-hours, span 15.6¢ to 16.8¢ per kWh at that usage.

How the answer changes with usage

Residential TOD Underground Standard (A04) is cheapest at every level tested — $970.79 a year at 500 kWh a month, $3,667.16 at 2,000 kWh.

The penalty for a poor choice grows with usage: $73.49 a year at 500 kWh against $293.72 at 2,000 kWh.

Cheapest 6 plans at 1,000 kWh a month

Energy Controlled Service Non-demand metered Residential (A05) — $940.56 a year, 7.8¢ per kWh effective, flat rate. It carries a $5.66 monthly standing charge.

Residential TOD Underground Electric Space Heating (A04) — $1,717.24 a year, 14.3¢ per kWh effective, time-of-use. It carries a $6.00 monthly standing charge.

Residential TOD Overhead Electric Space Heating (A02) — $1,717.24 a year, 14.3¢ per kWh effective, time-of-use. It carries a $6.00 monthly standing charge.

Residential Service - Underground Electric Space Heating (A03) — $1,740.52 a year, 14.5¢ per kWh effective, time-of-use. It carries a $6.00 monthly standing charge.

Residential Service - Overhead Electric Space Heating (A01) — $1,740.52 a year, 14.5¢ per kWh effective, time-of-use. It carries a $6.00 monthly standing charge.

Residential TOD Underground Standard (A04) — $1,869.55 a year, 15.6¢ per kWh effective, time-of-use. It carries a $6.00 monthly standing charge.

How these plans are structured

Of 10 priceable plans: 9 time-of-use, 1 flat-rate.

Fixed monthly charges run from $5.66 to $6.00.

Who provides these plans

Northern States Power Co - Minnesota was found serving Minneapolis, Minnesota. 10 of its 10 published residential schedules can be priced.

The largest saving available here

Moving from Residential Service - Underground Standard (A03) to Residential TOD Underground Standard (A04) saves $146.89 a year at 1,000 kWh a month, with no change in consumption.

What this does not cover

9 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.