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North Dakota’s delicate electricity price balance faces challenges

North Dakota kept residential electricity rates mostly stable despite a nearly 30% increase in per kilowatt-hour costs from 2020 to 2024 amid rising infrastructure and transmission expenses.

Summary by Inforum
BISMARCK — As an energy exporter blessed with abundant supply, North Dakota consistently ranks among the cheapest states in the country when it comes to residential, commercial and industrial electricity rates. Exploding costs of transmission, the build out and replacement of transmission infrastructure and the increase in energy load have helped push residential electricity prices modestly higher in recent years, however. Average residential pe…

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Inforum broke the news in Fargo, United States on Tuesday, December 16, 2025.
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