Cost to Run a Electric Furnace in Minnesota
Minnesota's average residential electricity rate is 16.4¢/kWh as of April 2026 — the 25th cheapest in the country, 13% below the U.S. average. At typical usage (5 hours/day), a electric furnace here costs $299 per month.
Per hour
$1.97
at 10,000–20,000 W
Per day
$9.84
5 hours/day
Per month
$299
1,824 kWh
Per year
$3,592
21,900 kWh
By usage level in Minnesota
| Usage | Per day | Per month | Per year |
|---|---|---|---|
| Light (2.5 hrs/day) | $4.92 | $150 | $1,796 |
| Typical (5 hrs/day) | $9.84 | $299 | $3,592 |
| Heavy (10 hrs/day) | $19.68 | $598 | $7,183 |
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 16.4¢/kWh (April 2026), a electric furnace with typical usage costs about $9.84 per day, $299 per month, or $3,592 per year.
Is running a electric furnace in Minnesota more expensive than average?
No — it's cheaper. Minnesota's rate is about 13% below the U.S. average: $299 per month here versus $343 nationally.
What does electricity cost in Minnesota right now?
Minnesota residents pay an average of 16.4¢ per kWh as of April 2026 — the 25th cheapest rate of the 51 U.S. jurisdictions we track.