EV Charging Cost with Xcel Energy Minnesota (Minnesota, 2026)

Charging an EV at home with Xcel Energy Minnesota costs about $52 per 1,000 miles in a Tesla Model Y, at an estimated residential rate of 18.90¢ per kWh. That’s above the Minnesota average of 17.20¢, and a full charge from empty runs about $16.99.

Xcel Energy Minnesota (Northern States Power – Minnesota) serves about 478 ZIP codes in Minnesota, the #1 utility by ZIP codes covered there. A 30-mpg gas car would spend about $139 on fuel for the same 1,000 miles at Minnesota gas prices.

$52per 1,000 miles (Model Y)
18.90¢estimated per kWh
$624per year (12,000 miles)
$16.99full charge from empty

What popular EVs cost to charge with Xcel Energy Minnesota

EVkWh/100 mi (EPA)Per 1,000 milesPer year
Tesla Model Y27.5$52$624
Tesla Model 329.6$56$671
Hyundai Ioniq 531.7$60$718
Chevrolet Equinox EV32.6$62$740
Ford Mustang Mach-E33.6$64$763
Kia EV943.0$81$975
Rivian R1S44.4$84$1,006
Ford F-150 Lightning47.9$91$1,087

Xcel Energy Minnesota vs the Minnesota average and gas

OptionPricePer 1,000 miles
Home, Xcel Energy Minnesota (est.)18.90¢/kWh$52
Home, Minnesota average17.20¢/kWh$47
Gas car, 30 mpg$4.18/gal$139

How to pay less to charge with Xcel Energy Minnesota

  • Ask Xcel Energy Minnesota about a time-of-use or EV rate plan: charging overnight, off-peak, usually costs less than the standard rate used here.
  • Use your car’s or charger’s schedule so charging starts after the peak period ends.
  • Check the total price per kWh on your bill (all delivery and supply charges divided by kWh used) and enter it in the calculator.
  • Look for Xcel Energy Minnesota or state rebates on Level 2 chargers before you install one.

Frequently asked questions

How much does it cost to charge an EV with Xcel Energy Minnesota?

About $52 per 1,000 miles for a Tesla Model Y at an estimated 18.90¢ per kWh, or $624 a year at 12,000 miles.

How much is a full charge with Xcel Energy Minnesota?

About $16.99 to charge a Tesla Model Y from empty to full at Xcel Energy Minnesota’s estimated standard residential rate. Most owners only top up, so a typical night costs much less.

Is Xcel Energy Minnesota cheaper than the Minnesota average for EV charging?

Its estimated rate of 18.90¢ per kWh is above the Minnesota average of 17.20¢ (EIA, August 2026).

Does Xcel Energy Minnesota have an EV rate?

Many large utilities offer time-of-use or EV-specific plans with cheaper overnight prices. Check Xcel Energy Minnesota’s residential rate options, as plans and eligibility change.

More: EV charging cost in Minnesota · calculate your exact cost by ZIP code · time-of-use rates explained.

Estimated rate: Northern States Power – Minnesota residential rate from NREL/OpenEI (EIA Form 861, 2024), adjusted to the latest EIA Minnesota price (August 2026). Your actual price depends on your plan, season and fixed charges. EV efficiency: EPA (fueleconomy.gov). How we calculate.

Àlex Cano
About the author

Àlex Cano runs EV Charge Math. Every number on this site is built from official EIA electricity and gas prices and EPA efficiency ratings, and updated each month. How we calculate · Report an error

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