Montana Electricity Rates (2026)
13.0¢/kWhstate average
19.9% below national averageUtilities in Montana
Individual utility data for Montana is coming soon. The state average residential rate is 13.0¢/kWh.
Rate Outlook for Montana
Montana's average residential electricity rate is currently 13.0 cents/kWh. Under EIA's reference scenario, rates are projected to reach 15.3 cents/kWh by 2031 and 17.4 cents/kWh by 2036, a 34.1% change. Under the high oil price scenario, rates could reach 18.2 cents/kWh.
EIA projections for Montana vs. actual observed rates
Projected residential electricity rates for Montana (next 10 years)
| Year | Reference (¢/kWh) | High Price | Low Price |
|---|---|---|---|
| 2026 | 14.4 | 14.5 | 14.3 |
| 2027 | 13.9 | 14.1 | 13.9 |
| 2028 | 14.0 | 14.2 | 14.1 |
| 2029 | 14.4 | 14.5 | 14.5 |
| 2030 | 14.8 | 15.0 | 14.9 |
| 2031 | 15.3 | 15.6 | 15.5 |
| 2032 | 15.8 | 16.2 | 16.0 |
| 2033 | 16.4 | 16.9 | 16.5 |
| 2034 | 16.9 | 17.3 | 16.9 |
| 2035 | 17.2 | 17.8 | 17.2 |
| 2036 | 17.4 | 18.2 | 17.5 |
Data Sources: U.S. Energy Information Administration — Annual Energy Outlook (AEO2010, AEO2015, AEO2020, AEO2025) and Monthly Energy Review.
Methodology: State-level projections are derived by applying national rate trends from EIA's Annual Energy Outlook to Montana's current observed rate. EIA does not publish state-level projections.
Freshness: This data is checked weekly against EIA's open data APIs. The Monthly Energy Review updates monthly with observed rates. The Annual Energy Outlook publishes new projections annually.