Cost to Run a Heat Pump 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 (8 hours/day), a heat pump here costs $128 per month.
Per hour
$0.52
at 1,000–5,000 W
Per day
$4.20
8 hours/day
Per month
$128
730 kWh
Per year
$1,533
8,760 kWh
By usage level in Minnesota
| Usage | Per day | Per month | Per year |
|---|---|---|---|
| Light (4 hrs/day) | $2.10 | $63.84 | $767 |
| Typical (8 hrs/day) | $4.20 | $128 | $1,533 |
| Heavy (16 hrs/day) | $8.40 | $255 | $3,066 |
Minnesota vs. the rest of the country
Monthly cost at typical usage.
Frequently asked questions
How much does it cost to run a heat pump in Minnesota?
At Minnesota's current average residential rate of 17.5¢/kWh (July 2026), a heat pump with typical usage costs about $4.20 per day, $128 per month, or $1,533 per year.
Is running a heat pump in Minnesota more expensive than average?
No — it's cheaper. Minnesota's rate is about 4% below the U.S. average: $128 per month here versus $134 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.