Montana electricity rates and average bill

In August 2026, the average residential price in Montana was 15.57¢ per kWh, higher than a year earlier (14.29¢).

Source: EIA Table 5.6.A (August 2026, preliminary) and EIA 2024 averages. Checked 2026-10-29.

Price, August 2026
15.57¢
per kWh
Change since August 2025
+9.0%
U.S.: +3.4%
Rank
#33 of 51
1 = most expensive
vs U.S. average
−14%
U.S.: 18.16¢

Montana electricity prices, month by month

Average residential price, September 2024 – August 2026 (¢/kWh)
MontanaU.S. average
10¢12¢14¢16¢18¢20¢Sep 2024Jan 2025Jan 2026Aug 202615.57¢18.16¢10¢12¢14¢16¢18¢20¢Sep 2024Jan 2026Aug 202615.57¢18.16¢
Show the data table
MonthMontana (¢/kWh)U.S. average (¢/kWh)
September 202413.4516.82
October 202413.3217.09
November 202412.5116.85
December 202411.8816.27
January 202511.4015.92
February 202511.6116.40
March 202511.9517.03
April 202512.3317.20
May 202512.8817.33
June 202514.9517.44
July 202514.2817.39
August 202514.2917.57
September 202514.6418.05
October 202514.2717.95
November 202512.8217.77
December 202512.7817.11
January 202612.8517.45
February 202613.3217.65
March 202613.4718.60
April 202613.9018.86
May 202614.6718.44
June 202615.1418.35
July 202614.9918.31
August 202615.5718.16

So far in 2026 (8 months), Montana has averaged 14.24¢ per kWh, +9.9% compared with the same months of 2025 (12.96¢). Over the last 12 months the price was highest in August 2026 (15.57¢) and lowest in December 2025 (12.78¢).

Why is my electric bill so high in Montana?

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Average electric bill in Montana

A typical Montana home used 852 kWh a month in 2024 (U.S.: 863 kWh). At the August 2026 price that is about $133 a month, compared with $122 at the August 2025 price, an increase of $11 for the same use. EIA's actual 2024 average bill was $107.91.

What common appliances cost to run in Montana

At 15.57¢ per kWh. Wattages are typical values from the U.S. Department of Energy.

ApplianceWattsHours/dayPer monthPer year
Portable space heater1,5008$56.05$682
Dehumidifier78512$44.00$535
Clothes dryer3,4001$15.88$193
Electric blanket (double)1008$3.74$45
Ceiling fan1208$4.48$55
Hair dryer1,5000.25$1.75$21

Calculate any appliance · Space heater cost in Montana

Heating costs in Montana: heat pump vs gas, propane and oil

The typical gas-heated Montana home needs about 51 million Btu of heat a year. At current prices the cheapest way to provide it is a natural gas furnace, at about $483 a year. A heat pump (HSPF2 7.8) beats a 95% gas furnace here when electricity costs less than 7.32¢ per kWh; the 12-month average in Montana is 14.04¢.

SystemFuel pricePer year
Natural gas furnace$0.89/therm$483
Heat pump14.04¢/kWh$925
Propane furnace$2.18/gal$1,290
Electric furnace or baseboard14.04¢/kWh$2,115
Heating oil furnace$6.23/gal (U.S. average)$2,723

Compare with your own fuel use and prices →

Other states in the Mountain region

StateAugust 2026Change
Arizona15.05¢−0.3%
Colorado17.17¢+5.9%
Idaho13.37¢+10.7%
Nevada12.72¢+1.4%
New Mexico16.51¢+3.3%
Utah13.31¢−2.3%
Wyoming14.43¢+0.7%

All states →