Electricity Cost in Montana
The residential electricity rate in Montana is 12.98¢ per kilowatt-hour (kWh), ranking #6 cheapest among all 51 US states. The national average is 17.92¢/kWh, making Montana 28% below average.
12.98¢
Residential
#6
Price Rank
57.4%
Renewable
| Residential Rate | 12.98¢/kWh |
| Commercial Rate | 11.88¢/kWh |
| Industrial Rate | 7.02¢/kWh |
| US Average (Residential) | 17.92¢/kWh |
At 12.98¢/kWh, residential electricity in Montana is 28% below the U.S. average of 17.92¢/kWh — the 6th cheapest residential rate among 51 states and territories tracked.
Across rate classes, commercial customers pay 11.88¢/kWh and industrial customers 7.02¢/kWh — a 4.86¢/kWh gap that reflects the volume discounts large industrial loads receive. Renewables supply 57.4% of Montana's electricity generation — the 7th highest renewable share nationally — with coal the single largest source at 36.4%, followed by hydroelectric at 34.3%.
In 2024, Montana generated about 26,873 GWh of electricity in total.
Source: U.S. Energy Information Administration, 2026.