GITNUX MARKETDATA REPORT 2024

Statistics About The Average Electric Bill In Mn

The average electric bill in Minnesota is $99.58 per month.

In this post, we will explore the statistics surrounding the average electric bill in Minnesota. From the average monthly electricity bill to residential and industrial consumption rates, we’ll delve into the numbers that paint a clear picture of Minnesota’s electricity landscape. Stay tuned to gain insights into Minnesota’s electricity usage patterns and pricing comparisons against national averages.

Statistic 1

"The average monthly electricity bill in Minnesota is $96."

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Statistic 2

"The average residential electricity rate in Minnesota is 13.04 cents per kWh."

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Statistic 3

"The average annual electricity bill is $1,152 in Minnesota."

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Statistic 4

"Minnesota ranks 28th in the country for most expensive electricity rates."

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Statistic 5

"The average Minnesotan spends 1.9% of their income on electricity."

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Statistic 6

"The average residential electricity consumption in Minnesota is 748 kWh per month."

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Statistic 7

"The average industrial electricity rate in Minnesota is 7.93 cents per kWh."

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Statistic 8

"The average commercial electricity rate in Minnesota is 9.59 cents per kWh."

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Statistic 9

"Minnesota's total electricity consumed per capita in 2018 was 13,542 kWh."

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Statistic 10

"Minnesota has per capita residential sector electricity consumption of 4,840 kWh"

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Statistic 11

"The average electricity price in the Twin Cities is 13.16 cents per kWh."

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Statistic 12

"The percentage of total Minnesota energy consumption that is for energy used at home is 24.4%."

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Statistic 13

"The average commercial electricity consumption in Minnesota is 6,252 kWh/month."

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Statistic 14

"The average industrial electricity consumption in Minnesota is 107,562 kWh/month."

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Statistic 15

"The average household electricity usage in Minnesota is 748 kWh per month."

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Statistic 16

"Minnesota's average residential electricity price is lower than the national average."

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Statistic 17

"In 2018, Minnesota’s total electricity consumption per person was lower than the U.S. average."

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Statistic 18

"Average monthly industrial electricity bill in Minnesota is $8,401."

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Statistic 19

"Average monthly commercial electricity bill in Minnesota is $628."

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Statistic 20

"Natural gas provides about two-fifths of Minnesota's electricity net generation."

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In conclusion, the statistics reveal that Minnesota has relatively affordable electricity rates compared to the national average, with residents spending a modest percentage of their income on electricity. The state’s electricity consumption per capita is lower than the U.S. average, reflecting a trend towards energy efficiency. Industrial electricity consumption in Minnesota is significant, driving up average bills for industrial establishments. Furthermore, natural gas plays a substantial role in the state’s electricity generation mix. Overall, these statistics provide valuable insights into the state’s electricity landscape, highlighting areas of efficiency and potential for cost savings.

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