Cost to Run a Heat Pump 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 (8 hours/day), a heat pump here costs $120 per month.
Per hour
$0.49
at 1,000–5,000 W
Per day
$3.94
8 hours/day
Per month
$120
730 kWh
Per year
$1,437
8,760 kWh
By usage level in Minnesota
| Usage | Per day | Per month | Per year |
|---|---|---|---|
| Light (4 hrs/day) | $1.97 | $59.83 | $718 |
| Typical (8 hrs/day) | $3.94 | $120 | $1,437 |
| Heavy (16 hrs/day) | $7.87 | $239 | $2,873 |
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 16.4¢/kWh (April 2026), a heat pump with typical usage costs about $3.94 per day, $120 per month, or $1,437 per year.
Is running a heat pump in Minnesota more expensive than average?
No — it's cheaper. Minnesota's rate is about 13% below the U.S. average: $120 per month here versus $137 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.