Electricity Rate in Montana (2026): 13.23c/kWh Average
Montana Electricity Rate: What You Need to Know
Montana electricity averages 13.23 cents per kWh for residential customers as of April 2026, according to the EIA Electric Power Monthly. This is 4.42c below the US average of 17.65c/kWh. The average monthly bill for Montana households is $114 based on typical usage of 860 kWh.
Generation mix: Hydro 45%, natural gas 30%, wind 20%, coal 5%. The fuel mix is a primary driver of electricity rates - states with abundant hydro or nuclear tend to have lower rates, while states dependent on imported petroleum (Hawaii) or natural gas pay more.
Year-over-year change: Montana rates rose 2.9% year-over-year as of April 2026. This compares to the US average increase of 5.4% over the same period.
Deregulated: You Can Shop for a Better Rate
Limited competitive choice - mostly NorthWestern Energy regulated
How to shop for a better rate ->Your Montana Electricity Bill Components
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