Electricity rates and solar savings in Salt Lake City, UT

Electricity Rates in Salt Lake City, UT

Average electricity cost, utility comparison, and solar savings potential for Salt Lake City homeowners.

$0.11
Avg Rate ($/kWh)
$96
Avg Monthly Bill
-31%
vs National Avg
$81/mo
Solar Savings

Salt Lake City Electricity Cost Overview

The average residential electricity rate in Salt Lake City, UT is $0.11 per kWh, which is 31% below the national average of $0.16/kWh. Homeowners in Salt Lake City pay an average of $96 per month for electricity, based on typical usage of 877 kWh per month.

Electricity rates in Salt Lake City 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.

Electric Utilities Serving Salt Lake City

Utility CompanyAvg Rate ($/kWh)Est. Monthly Bill
Rocky Mountain Power$0.11$96
Murray City Power$0.10$88
Provo City Power$0.10$88

How Solar Compares to Salt Lake City Electricity Rates

Without Solar

  • Monthly bill: $96
  • Annual cost: $1,152
  • 25-year cost: $28,800
  • Rate trend: Rising 2-5% annually

With Solar

  • Monthly savings: $81
  • Annual savings: $972
  • 25-year savings: $33,000
  • Rate: Locked in for 25+ years

Electricity Rates FAQ - Salt Lake City, UT

The average residential electricity rate in Salt Lake City is $0.11 per kilowatt-hour (kWh), which is 31% below the national average of $0.16/kWh. The average monthly electric bill for Salt Lake City homeowners is approximately $96.

With solar panels, Salt Lake City homeowners can reduce their electricity costs by approximately 84%, saving around $81 per month or $33,000 over 25 years. The 30% federal tax credit further reduces the upfront cost of going solar.

The major electric utilities serving the Salt Lake City area include Rocky Mountain Power, Murray City Power, Provo City Power. Rates vary between providers, so your exact cost depends on your utility and usage level.

Yes, electricity rates in Salt Lake City and across Utah 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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30%Federal Tax Credit
25+Year Savings
$0Down Options