Commercial Building Energy Requirements in Minneapolis

Utility rates, compliance regulations, and benchmarking requirements for commercial real estate in Minneapolis, Minnesota.

Average Commercial Utility Rates

Electric Rate

Gas Rate

Rising

Up 7% YoY; Xcel Energy clean energy transition and grid modernization costs

Active

Annual energy benchmarking and disclosure for commercial buildings. Climate Action Plan targets 80% emissions reduction by 2050.

50,000 sqft

June 1 annually

Up to $500 per violation (education phase)

Proposed

State-level building performance standards under development as part of Climate Action Framework.

TBD

June 1 annually

Minneapolis Energy Disclosure Ordinance - 50,000 sqft

TBD

Minnesota BPS (Proposed) - TBD

⚡

Xcel Energy

Electric & Gas

🔥

CenterPoint Energy

Gas

✓

Benchmarking is required

50,000 sqft

June 1 annually

Centralize bills, automate accruals, and stay ahead of Minneapolis Energy Disclosure Ordinance compliance across your MN portfolio.