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Minnesota's Residential Energy Market: What You're Really Paying For
Minnesota's 2.2 million residential energy customers face a mixed bag of options across the state. Electricity rates hover around 14.1 cents per kWh lower than the national average, but don't get too comfortable with that number.
The Electric Players
Xcel Energy, Minnesota Power, and Otter Tail Power dominate the electricity market, with Xcel serving the lion's share in Hennepin County and Ramsey County. Meanwhile, Minneapolis residents have virtually no choice in providers how's that for competition?
Natural Gas Reality Check
CenterPoint Energy, Xcel Energy, and Minnesota Energy Resources control natural gas distribution, with average residential rates around $10.50 per thousand cubic feet. Dakota County customers often pay premium delivery charges during those brutal winter months.
Community Solar: The Exclusive Club
Minnesota boasts over 800 MW of community solar capacity impressive on paper. Access remains limited for average residents in St. Paul and beyond. The waitlists are long, subscription models are confusing.
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