Wyoming residential electricity rates

Analyst note

The Wyoming residential price sat above the U.S. average in 0 of 10 years; the gap was -1.68 ¢ in 2015 and -4.01 ¢ in 2024. In the 2024 ranking Wyoming sits between Montana (12.66 ¢) one place above and Tennessee (12.42 ¢) one place below; the top of the list is 30.39 ¢ away and the bottom 0.96 ¢. Wyoming was 38th in 2015 with 10.97 ¢ and is 42nd now; a fall in the table. Wyoming residential prices rose in 5 of 9 years. The largest rise was +8.8% in 2024, and the largest fall -1.0% in 2019. The Wyoming price peaked at 12.47 ¢ in 2024 and bottomed at 10.97 ¢ in 2015; 2024 is the peak and +13.7% from the low. Compounded, that is +1.43% a year in Wyoming, -1.55 points against the U.S. Wyoming buys 0.20% of all U.S. residential electricity with 0.20% of the accounts, so the average Wyoming account uses 1.00 times the national average.

Wyoming residential customers paid 12.47 ¢ in 2024, which puts the state 42nd of 51, a bottom-ten position, 4.01 ¢ under the U.S. Nine years moved the Wyoming residential price +13.7% (+1.4% a year), behind the U.S. by 16.6 points. The sharpest year was 2024 at +8.8%; the peak came in 2024.

The latest Wyoming year moved +8.8%, so prices are still climbing. The Wyoming commercial price of 9.27 ¢ sits 3.20 ¢ below. A Wyoming residential account uses 863 kWh a month; priced at 12.47 ¢ that is about $108, and the sector buys 17.2% of Wyoming's power.

Counting revenue instead of kWh, Wyoming residential accounts bring in 23.5% of Wyoming sector revenue on 17.2% of the kWh, a premium of 6.3 points that comes from the price level: 12.47 ¢ here against 9.27 ¢ for commercial and 7.96 ¢ for industrial accounts. The average Wyoming residential account uses 863 kWh a month, 28 of 51 among states on that measure; a commercial account uses 8.63 times as much and an industrial account 72.21 times. Residential accounts are 80.14% of the 357,453 accounts in Wyoming.