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Energy Profile

Montana

Electricity costs 12.98¢/kWh residential, ranking #6 cheapest in the US. 57.4% renewable energy.

Reviewed by EnergyProfile Editorial Team · Updated

12.98¢

Residential Rate

#6

Price Rank (Cheapest)

57.4%

Renewable Energy

#7

Renewable Rank

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Electricity Rates

Residential12.98¢/kWh
Commercial11.88¢/kWh
Industrial7.02¢/kWh
National Average17.92¢/kWh

Electricity Generation Mix

Coal

36.4%

Hydro

34.3%

Wind

21.6%

Natural Gas

3.7%

Other

2.6%

Solar

1.4%

Frequently Asked Questions

The residential electricity rate in Montana is 12.98¢ per kilowatt-hour, ranking #6 cheapest out of 51 states. The national average is 17.92¢/kWh, making Montana 28% below average.

57.4% of Montana's electricity comes from renewable sources, ranking #7 among all states. The largest generation source is Coal at 36.4%.

Montana's residential rate of 12.98¢/kWh is 28% below the national average of 17.92¢/kWh. Commercial rates are 11.88¢/kWh and industrial rates are 7.02¢/kWh.

Electricity rates from EIA retail sales data. Prices in cents per kilowatt-hour. Generation mix from EIA electric power operational data. Rankings based on residential rates.

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.