MT / Residential / Latest month: Jul 2026

Electricity Rates in Montana

CheapestMontana ranks 14th cheapest of 51Most expensive

In July 2026, homes in Montana paid an average of 14.99¢ per kWh, the 14th cheapest of the 50 states and DC and 18.1% below the U.S. average of 18.31¢.

That price is up 5.0% from a year earlier.

Over the past 12 months the average home in Montana used 829 kWh a month, for an average bill of $115 (U.S.: $157).

About electricity in Montana

Montana generates far more electricity than it uses and sends the surplus to other states. Its power comes from a near-even mix of coal and hydropower, plus a sizable share of wind.

  • coal 35%
  • hydropower 34%
  • wind 22%
  • natural gas 5%
  • other 4%
Share of electricity generated in Montana, 2025. Source: EIA.

The Montana Public Service Commission is the state agency that regulates electric utilities in Montana.

Average electric bill in Montana

Over the last 12 months the average Montana home paid $115 a month for electricity, the 6th lowest of the 50 states and DC. In July 2026 the average bill was $133 for 889 kWh.

Over the last 12 months, homes in Montana used the most electricity in January, when electric heating drives usage up: an average of 1,100 kWh and a $141 bill. The lightest month was October, at 663 kWh and $95.

What would I pay?

Energy charge at 14.99¢ per kWh. Delivery fees and taxes vary by utility.
Monthly usePer monthPer year
500 kWh × 14.99¢$74.95$899
1,000 kWh × 14.99¢typical$149.90$1,799
1,500 kWh × 14.99¢$224.85$2,698
2,000 kWh × 14.99¢$299.80$3,598

Estimate your own bill

At Montana's average of 14.99¢/kWh: $124 a month, $1,493 a year.

Estimate of the energy charge only. Your utility's fixed fees, taxes and rate tiers will change the total. Use the full bill calculator.

Cost of electricity in Montana by month

10¢12¢14¢16¢Jan ’25Jul ’25Jan ’26Jul ’26
HomeBusiness¢ per kWh, monthly average

Businesses in Montana paid 13.33¢ per kWh in July 2026 (the 25th most expensive for business power), and industrial users paid 7.71¢.

Electric companies in Montana

14 utilities deliver electricity to homes in Montana. The largest is NorthWestern Energy LLC, serving 333,713 homes.

UtilityHomes servedAvg. home rate
NorthWestern Energy LLCInvestor-owned · Full service + delivery333,71314.42¢
Flathead Electric Coop IncCo-op · Full service64,33410.04¢
Yellowstone Valley Elec Co-opCo-op · Full service21,47114.22¢
Montana-Dakota Utilities CoInvestor-owned · Full service19,62612.33¢
USBIA-Mission Valley PowerFederal · Full service16,3539.39¢
Missoula Electric Coop, IncCo-op · Full service14,86710.93¢
Fergus Electric Coop, IncCo-op · Full service6,85515.91¢
Northern Lights, IncCo-op · Full service4,70013.06¢
Lower Yellowstone R E A, IncCo-op · Full service3,2479.20¢
Fall River Rural Elec Coop IncCo-op · Full service1,52511.11¢

"Avg. home rate" is what each utility's full-service residential customers paid on average in 2025 (revenue ÷ kWh sold). Delivery-only utilities have no full-service rate.

Can you choose your electricity supplier in Montana?

No. Households in Montana buy electricity from the utility that serves their address. Rates are set by the state utility commission (for investor-owned utilities) or by the utility's own board (for co-ops and city-owned utilities).

Montana compared with neighboring states

Home electricity price and average bill
StatePrice per kWhAvg. monthly bill (12 mo.)
North Dakota13.41¢$132
Idaho13.73¢$114
Wyoming14.36¢$114
Montana14.99¢$115
South Dakota15.37¢$140

Montana electricity FAQ

What is the average electric bill in Montana?

The average home in Montana paid $115 a month over the last 12 months, using 829 kWh. That is the 6th lowest of the 50 states and DC. In July 2026 alone, the average bill was $133.

How much does electricity cost per kWh in Montana?

Homes paid an average of 14.99¢ per kWh in July 2026, 18.1% below the U.S. average of 18.31¢. Businesses paid 13.33¢ per kWh.

Which month has the highest electric bills in Montana?

January, in the last 12 months of data: the average bill reached $141 (1,100 kWh), compared with $95 in October, the lowest month.

Can I choose my electricity provider in Montana?

No. Households in Montana buy electricity from the utility that serves their address, at rates set by regulators or the utility's board.

What are the largest electric companies in Montana?

By number of residential customers in 2025: NorthWestern Energy LLC (333,713), Flathead Electric Coop Inc (64,334), Yellowstone Valley Elec Co-op (21,471).

Latest MT electric rates, bills and usage: U.S. Energy Information Administration retail sales data (forms EIA-861M and EIA-861), latest month July 2026. Utilities and suppliers: EIA-861 (2025). Bills and usage are revenue and sales divided by customers. Last updated 2026-10-20.