Cost to Run a Electric Furnace in Minnesota
Minnesota's average residential electricity rate is 17.5¢/kWh as of July 2026 — the 31st cheapest in the country, 4% below the U.S. average. At typical usage (5 hours/day), a electric furnace here costs $319 per month.
Per hour
$2.10
at 10,000–20,000 W
Per day
$10.50
5 hours/day
Per month
$319
1,824 kWh
Per year
$3,832
21,900 kWh
By usage level in Minnesota
| Usage | Per day | Per month | Per year |
|---|---|---|---|
| Light (2.5 hrs/day) | $5.25 | $160 | $1,916 |
| Typical (5 hrs/day) | $10.50 | $319 | $3,832 |
| Heavy (10 hrs/day) | $21.00 | $638 | $7,665 |
Minnesota vs. the rest of the country
Monthly cost at typical usage.
Frequently asked questions
How much does it cost to run a electric furnace in Minnesota?
At Minnesota's current average residential rate of 17.5¢/kWh (July 2026), a electric furnace with typical usage costs about $10.50 per day, $319 per month, or $3,832 per year.
Is running a electric furnace in Minnesota more expensive than average?
No — it's cheaper. Minnesota's rate is about 4% below the U.S. average: $319 per month here versus $334 nationally.
What does electricity cost in Minnesota right now?
Minnesota residents pay an average of 17.5¢ per kWh as of July 2026 — the 31st cheapest rate of the 51 U.S. jurisdictions we track.