Minnesota Rates and Pricing

When you pay your bill, it’s about more than electricity. It’s about new technologies, infrastructure, and programs that help keep your rates among the lowest in the nation. We make the right investments at the right times to keep your costs down.

Generation projects help to ensure we can continue providing you with reliable and affordable energy. Transmission projects support growing electrical needs, deliver renewable energy, and improve system reliability. Our programs provide you with rebates, grants, education, and more for using energy wisely.
We recover these costs through the Renewable Resource Adjustment Rider. We recover these costs through the Transmission Cost Recovery Rider. We recover these costs through the Conservation Improvement Program surcharge.

Minnesota customers also pay an Energy Adjustment and Resource Adjustment, which includes the Energy-Intensive, Trade-Exposed (EITE) Rider and Revenue Decoupling Mechanism (RDM) Rider.

Many people don’t know a lot about electricity, even though it’s an essential part of everyday life. The Your electricity brochure offers useful information about where electricity comes from, how we calculate rates, and ways to reduce your electricity use.