Montana residential electricity rates
Montana residential electricity cost 12.66 cents per kWh in 2024, with 557,432 accounts buying 5.7 TWh.
In 2024 Montana residential accounts paid 12.66 ¢/kWh, rank 41 of 51 and 23.2% below the U.S. residential price (16.48 ¢). A Montana account using 852 kWh a month pays about $108. Since 2015 the Montana price moved +16.4%.
Montana sits 0.13 ¢ under Kentucky, the state above, and 0.19 ¢ over Wyoming, the state below. At 852 kWh a month, energy in Montana costs 10 dollars more than in North Dakota, the cheapest residential state.
How it compares
| Residential price | 2024 | 2015 | Change | Bill |
|---|---|---|---|---|
| Montana | 12.66 ¢/kWhthis state | 10.88 ¢/kWh | +16.4% | $108at 852 kWh |
| Kentucky (next above) | 12.79 ¢/kWh+0.13 ¢ against Montana | 10.24 ¢/kWh | +24.9% | $109at 852 kWh |
| Wyoming (next below)Lowest in this table | 12.47 ¢/kWh-0.19 ¢ against Montana | 10.97 ¢/kWh | +13.7% | $106at 852 kWh |
Montana residential: 2025 and 2026
Montana residential, data to July 2026.
- Montana 2025 average price
- 12.98 ¢/kWh+2.5% against 2024, U.S. +5.0%
- Montana 2025 rank
- 46 of 51-5 places against 2024
- Montana January to Jul 2026
- 13.95 ¢/kWh+11.3% on Jan-Jul 2025
- Montana Last 12 months
- 13.84 ¢/kWhto July 2026
- Montana July 2026
- 14.99 ¢/kWh+5.0% against July 2025
- Montana 2025 costliest month
- Jun 14.81 ¢cheapest Jan 11.38 ¢, a 30% spread
- Montana Typical 2025 bill
- $111 a monthtop Feb $141, low May $88
The Montana residential price averaged 12.98 ¢/kWh in 2025, +2.5% on 2024: Montana ran 2.4 points slower than the nation. From January to July 2026 the Montana average is 13.95 ¢, +11.3% on 2025, 4.2 points above the U.S. change. Seasonality in Montana: 2025 peaked in June at 14.81 ¢ and bottomed in January at 11.38 ¢. A typical residential account in Montana paid about $1,328 for energy over 2025, from $88 in May to $141 in February; use per account ran 685 to 1,212 kWh a month.
Montana residential price by month, 2024 to Jul 2026
Price by month, Montana residential: 12 rows
| Month | 2024 | 2025 | 2026 to Jul |
|---|---|---|---|
| Jan | 11.97 | 11.38 | 12.86 |
| Feb | 11.95 | 11.60 | 13.33 |
| Mar | 12.20 | 11.93 | 13.48 |
| Apr | 12.50 | 12.31 | 13.90 |
| May | 13.24 | 12.88 | 14.67 |
| Jun | 13.56 | 14.81 | 15.14 |
| Jul | 13.42 | 14.27 | 14.99 |
| Aug | 13.28 | 14.28 | No data |
| Sep | 13.45 | 14.64 | No data |
| Oct | 13.32 | 14.27 | No data |
| Nov | 12.51 | 12.82 | No data |
| Dec | 11.88 | 12.77 | No data |
12 rows from EIA retail sales.
CSVWhat a typical Montana residential account paid each month
Montana residential: use per account times price, energy only.
Typical bill by month, Montana residential: 12 rows
| Month | 2025 | 2026 to Jul |
|---|---|---|
| Jan | 131 | 141 |
| Feb | 141 | 130 |
| Mar | 119 | 118 |
| Apr | 92 | 109 |
| May | 88 | 102 |
| Jun | 100 | 102 |
| Jul | 118 | 133 |
| Aug | 117 | No data |
| Sep | 104 | No data |
| Oct | 95 | No data |
| Nov | 99 | No data |
| Dec | 126 | No data |
12 rows from EIA retail sales.
CSVMontana residential charts
Residential price, Montana and U.S.
Montana 10.88 ¢ in 2015 and 12.66 ¢ in 2024, 3.82 ¢ under the national figure.
Montana residential price vs U.S., 2015 to 2024: 10 rows
| Year | Montana residential | Gap to U.S. residential | Montana commercial |
|---|---|---|---|
| 2015 | 10.88 | -1.77 | 10.23 |
| 2016 | 10.94 | -1.61 | 10.19 |
| 2017 | 10.95 | -1.94 | 10.12 |
| 2018 | 10.96 | -1.91 | 10.11 |
| 2019 | 11.13 | -1.88 | 10.41 |
| 2020 | 11.24 | -1.91 | 10.51 |
| 2021 | 11.22 | -2.44 | 10.54 |
| 2022 | 11.33 | -3.71 | 10.68 |
| 2023 | 12.54 | -3.46 | 12.11 |
| 2024 | 12.66 | -3.82 | 11.87 |
10 rows from EIA retail sales.
CSVAnnual change
Biggest move +10.7% in 2023; latest +1.0%.
% vs prior year
- +0.62016
- +0.12017
- +0.12018
- +1.62019
- +1.02020
- -0.22021
- +1.02022
- +10.72023
- +1.02024
Year-over-year change, Montana residential price: EIA retail sales.
CSVAnalyst note
The Montana residential price sat above the U.S. average in 0 of 10 years; the gap was -1.77 ¢ in 2015 and -3.82 ¢ in 2024. In the 2024 ranking Montana sits between Kentucky (12.79 ¢) one place above and Wyoming (12.47 ¢) one place below; the top of the list is 30.20 ¢ away and the bottom 1.15 ¢. Montana was 40th in 2015 with 10.88 ¢ and is 41st now; a fall in the table. Montana residential prices rose in 8 of 9 years. The largest rise was +10.7% in 2023, and the largest fall -0.2% in 2021. The Montana price peaked at 12.66 ¢ in 2024 and bottomed at 10.88 ¢ in 2015; 2024 is the peak and +16.4% from the low. Compounded, that is +1.70% a year in Montana, -1.28 points against the U.S. Montana buys 0.38% of all U.S. residential electricity with 0.39% of the accounts, so the average Montana account uses 0.99 times the national average.
Montana residential customers paid 12.66 ¢ in 2024, which puts the state 41st of 51, a middle position, 3.82 ¢ under the U.S. Nine years moved the Montana residential price +16.4% (+1.7% a year), behind the U.S. by 13.9 points. The sharpest year was 2023 at +10.7%; the peak came in 2024.
The latest Montana year moved +1.0%, so the price is flat. The Montana commercial price of 11.87 ¢ sits 0.79 ¢ below. A Montana residential account uses 852 kWh a month; priced at 12.66 ¢ that is about $108, and the sector buys 36.6% of Montana's power.
Counting revenue instead of kWh, Montana residential accounts bring in 42.8% of Montana sector revenue on 36.6% of the kWh, a premium of 6.2 points that comes from the price level: 12.66 ¢ here against 11.87 ¢ for commercial and 7.59 ¢ for industrial accounts. The average Montana residential account uses 852 kWh a month, 29 of 51 among states on that measure; a commercial account uses 3.99 times as much and a industrial account 40.66 times. Residential accounts are 80.49% of the 692,539 accounts in Montana.
Facts
- Residential price 2024
- 12.66 ¢/kWh-23.2% against U.S.
- Price in 2015
- 10.88 ¢/kWh+16.4% to 2024
- Annual change
- +1.7%-1.3 points vs U.S.
- Rank
- 41 of 5110 states cost less
- Gap to U.S.
- -3.82 ¢$32.55 a month
- Peak year
- 202412.66 ¢; 2015 low 10.88 ¢
- Sales
- 5.7 TWh36.6% of state sales
- Residential accounts
- 557,432504.43 per 1,000 residents
- Use per account
- 852 kWh/mo10,226 a year
- Implied monthly bill
- $108-$33 against U.S. rate
Data tables
Montana, residential: price by year
| Year | Montana | U.S. | Change | Gap | Ratio |
|---|---|---|---|---|---|
| 2015 | 10.88 | 12.65 | No data | -1.77 | 0.860 |
| 2016 | 10.94 | 12.55 | +0.6% | -1.61 | 0.872 |
| 2017 | 10.95 | 12.89 | +0.1% | -1.94 | 0.849 |
| 2018 | 10.96 | 12.87 | +0.1% | -1.91 | 0.852 |
| 2019 | 11.13 | 13.01 | +1.6% | -1.88 | 0.855 |
| 2020 | 11.24 | 13.15 | +1.0% | -1.91 | 0.855 |
| 2021 | 11.22 | 13.66 | -0.2% | -2.44 | 0.821 |
| 2022 | 11.33 | 15.04 | +1.0% | -3.71 | 0.753 |
| 2023 | 12.54 | 16.00 | +10.7% | -3.46 | 0.784 |
| 2024 | 12.66 | 16.48 | +1.0% | -3.82 | 0.768 |
Montana residential: cost by use
| Monthly kWh | Montana cost a month | Gap to U.S. rate in Montana |
|---|---|---|
| 210 (0.25x the Montana account) | $26.59 | -$8.02 |
| 430 (0.5x the Montana account) | $54.44 | -$16.43 |
| 850 (1x the Montana account) | $107.61 | -$32.47 |
| 1,280 (1.5x the Montana account) | $162.05 | -$48.90 |
| 1,700 (2x the Montana account) | $215.22 | -$64.94 |
| 3,410 (4x the Montana account) | $431.71 | -$130.26 |
Montana: the three sectors measured against residential
| Sector | Montana price ¢/kWh | Price vs residential | Montana kWh per account a month | Use vs residential | Montana revenue share | Montana kWh share |
|---|---|---|---|---|---|---|
| Residential (this page) | 12.66 | 1.00x | 852 | 1.00x | 42.8% | 36.6% |
| Commercial | 11.87 | 0.94x | 3,397 | 3.99x | 35.4% | 32.3% |
| Industrial | 7.59 | 0.60x | 34,645 | 40.66x | 21.8% | 31.0% |
Questions on Montana residential
What is the average residential electricity rate in Montana? Is 12.66 cents high?
12.66 cents in 2024, -23.2% against the U.S. rate.
Where does Montana rank for residential electricity prices?
41st of 51, with 10 places charging less.
How much did Montana residential rates change since 2015?
10.88 to 12.66 cents: +16.4% in total, +1.7% a year.
What does an average Montana residential account pay a month?
852 kWh at 12.66 cents, price times use, comes to $108.
How large is the Montana residential customer base?
557,432 accounts, or 504.43 per 1,000 residents.
What year did Montana residential power peak?
2024 at 12.66 cents; the low was 10.88 cents in 2015.
What did Montana residential electricity cost in 2025?
Montana averaged 12.98 cents per kWh, +2.5% against 12.66 in 2024, and 46 of 51 among states.
Are Montana residential electricity prices rising in 2026?
Montana is +4.2 points against the U.S.: 13.95 cents from January to July 2026, +11.3% on 2025.
When in 2025 did Montana residential power cost most, June or January?
June at 14.81 cents in Montana; January was the lowest at 11.38, a 30% spread.
Does Montana residential power cost less than the national average in 2026?
4.27 cents below the national average; Montana 13.95 cents over January to July 2026, +11.3% on 2025.
More on Montana residential
- Montana state hub7 utilities, 627 accounts per 1,000
- Montana commercial rates11.87 ¢, rank 23 of 51
- Montana industrial rates7.59 ¢, rank 36 of 51