Electricity Rates in Billings, MT
Average electricity cost, utility comparison, and solar savings potential for Billings homeowners.
Billings Electricity Cost Overview
The average residential electricity rate in Billings, MT is $0.12 per kWh, which is 25% below the national average of $0.16/kWh. Homeowners in Billings pay an average of $114 per month for electricity, based on typical usage of 948 kWh per month.
Electricity rates in Billings are determined by the local utility providers that serve the area. Rates can vary depending on your specific utility, usage level, and time of use. Since Montana has a deregulated electricity market, Billings residents can shop for competitive rates from alternative suppliers.
Electric Utilities Serving Billings
| Utility Company | Avg Rate ($/kWh) | Est. Monthly Bill |
|---|---|---|
| NorthWestern Energy | $0.12 | $114 |
| Flathead Electric Cooperative | $0.10 | $95 |
| Missoula Electric Cooperative | $0.11 | $104 |
How Solar Compares to Billings Electricity Rates
Without Solar
- Monthly bill: $114
- Annual cost: $1,368
- 25-year cost: $34,200
- Rate trend: Rising 2-5% annually
With Solar
- Monthly savings: $87
- Annual savings: $1,044
- 25-year savings: $25,000
- Rate: Locked in for 25+ years
Electricity Rates FAQ - Billings, MT
The average residential electricity rate in Billings is $0.12 per kilowatt-hour (kWh), which is 25% below the national average of $0.16/kWh. The average monthly electric bill for Billings homeowners is approximately $114.
With solar panels, Billings homeowners can reduce their electricity costs by approximately 76%, saving around $87 per month or $25,000 over 25 years. The 30% federal tax credit further reduces the upfront cost of going solar.
The major electric utilities serving the Billings area include NorthWestern Energy, Flathead Electric Cooperative, Missoula Electric Cooperative. Rates vary between providers, so your exact cost depends on your utility and usage level.
Yes, electricity rates in Billings and across Montana have been increasing, following national trends of 2-5% annual increases. This makes solar panels an increasingly attractive option since they lock in your energy costs for 25+ years.
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