Montana electricity rates
Montana homes paid 15.6¢ per kWh in August 2026 — +9% from a year earlier. That is #19 cheapest of 51; the U.S. average was 18.2¢.
Montana electricity price trend
Hover or tap the chart for exact monthly values. Source: EIA-861M (monthly, latest months preliminary); forecast: EIA Short-Term Energy Outlook (October 2026) for the Mountain region, which includes Arizona, Colorado, Idaho, Montana, Nevada, New Mexico, Utah, Wyoming.
Utilities in Montana
15 utilities · 10 report monthlyMonthly home price by utility
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| │ = MT average, same period | |||||
|---|---|---|---|---|---|
| NorthWestern Energy LLC (MT) Investor Owned · monthly data |
16.4¢Jan–Aug 2026 |
+15% | +15% | $101 | 328,127 |
| Adjustment 2024 |
12.2¢2024 |
-4.4% | — | $123 | 78,442 |
| Flathead Electric Coop Inc. Cooperative · monthly data |
10.6¢Jan–Aug 2026 |
-25.6% | +9.6% | $116 | 63,317 |
| Yellowstone Valley Elec Co.-op Cooperative · monthly data |
14.9¢Jan–Aug 2026 |
+4.8% | +11.8% | $121 | 21,182 |
| Montana-Dakota Utilities Co. Investor Owned · monthly data |
13.5¢Jan–Aug 2026 |
-5.3% | +4.7% | $98 | 19,616 |
| USBIA-Mission Valley Power Federal · monthly data |
9.6¢Jan–Aug 2026 |
-32.6% | +7.6% | $117 | 16,292 |
| Missoula Electric Coop, Inc. Cooperative · monthly data |
11.8¢Jan–Aug 2026 |
-17.1% | +12.4% | $113 | 14,686 |
| Fergus Electric Coop, Inc. Cooperative |
15.5¢2024 |
+21.5% | — | $124 | 6,682 |
| Northern Lights, Inc. Cooperative |
12.5¢2024 |
-2% | — | $134 | 3,985 |
| Lower Yellowstone R E A, Inc. Cooperative |
8.8¢2024 |
-30.9% | — | $104 | 3,499 |
| Fall River Rural Elec Coop Inc. Cooperative |
11.4¢2024 |
-10.8% | — | $114 | 1,508 |
| Powder River Energy Corp Cooperative · monthly data |
13.3¢Jan–Aug 2026 |
-6.7% | +4.7% | $107 | 52 |
| McKenzie Electric Coop Inc. Cooperative · monthly data |
9.7¢Jan–Aug 2026 |
-31.7% | +12.9% | $116 | 25 |
| Black Hills Power, Inc. Investor Owned · monthly data |
6.9¢Jan–Aug 2026 |
-51.7% | -1.1% | $60 | 12 |
| Avista Corp Investor Owned · monthly data |
8.7¢Jan–Aug 2026 |
-39.1% | +2% | $157 | 9 |
Bars: average home price (same color scale as the map). The thin line and “vs. MT avg.” use the Montana average of the same period — 2024 for yearly figures, 2026 so far for monthly ones. “vs. 2024” compares this year’s monthly average with the 2024 annual average. Click a column header to sort. Small utilities that report only totals are left out.
All ZIP codes in Montana
Averages, not a quote. Prices here are what each utility’s residential customers paid on average (revenue ÷ kWh sold, fixed charges included), as reported to the U.S. Energy Information Administration. Your own rate depends on your plan, season and usage — check your bill or your utility’s tariff.
Questions
What is the average electricity rate in Montana?
15.6¢ per kWh for residential customers in August 2026 (EIA-861M, preliminary); the 12-month average is 14.0¢.
How does Montana compare with other states?
Montana ranks #19 cheapest of 51 states and D.C. The U.S. average was 18.2¢ in August 2026.
Which utility in Montana has the lowest rates?
Among the larger utilities (over 10,000 homes), USBIA-Mission Valley Power averaged 8.9¢ per kWh in 2024. Rates depend on the plan; check the utility’s tariff.