Electricity rates and solar savings in Riverton, WY

Electricity Rates in Riverton, WY

Average electricity cost, utility comparison, and solar savings potential for Riverton homeowners.

$0.10
Avg Rate ($/kWh)
$91
Avg Monthly Bill
-37%
vs National Avg
$73/mo
Solar Savings

Riverton Electricity Cost Overview

The average residential electricity rate in Riverton, WY is $0.10 per kWh, which is 37% below the national average of $0.16/kWh. Homeowners in Riverton pay an average of $91 per month for electricity, based on typical usage of 913 kWh per month.

Electricity rates in Riverton 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 Riverton

Utility CompanyAvg Rate ($/kWh)Est. Monthly Bill
Rocky Mountain Power$0.10$91
Black Hills Energy$0.10$91
Cheyenne Light, Fuel & Power$0.11$100

How Solar Compares to Riverton Electricity Rates

Without Solar

  • Monthly bill: $91
  • Annual cost: $1,092
  • 25-year cost: $27,300
  • Rate trend: Rising 2-5% annually

With Solar

  • Monthly savings: $73
  • Annual savings: $876
  • 25-year savings: $24,000
  • Rate: Locked in for 25+ years

Electricity Rates FAQ - Riverton, WY

The average residential electricity rate in Riverton is $0.10 per kilowatt-hour (kWh), which is 37% below the national average of $0.16/kWh. The average monthly electric bill for Riverton homeowners is approximately $91.

With solar panels, Riverton homeowners can reduce their electricity costs by approximately 80%, saving around $73 per month or $24,000 over 25 years. The 30% federal tax credit further reduces the upfront cost of going solar.

The major electric utilities serving the Riverton area include Rocky Mountain Power, Black Hills Energy, Cheyenne Light, Fuel & Power. Rates vary between providers, so your exact cost depends on your utility and usage level.

Yes, electricity rates in Riverton and across Wyoming 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