State electricity profile · 2024

Wyoming Electricity

Wyoming's residential electricity rate is 12.47¢/kWh, 24.3% below the US average. Keep scrolling for the commercial and industrial breakdown and generation mix, per EIA filings.

12.47¢/kWh
Residential rate
-24.3%
vs US average
26%
Renewable
286.5K
Customers

The verdict · 2024

Wyoming's residential electricity runs 12.47¢/kWh - 24.3% below the 16.48¢/kWh national average, cheaper than 80% of states, with 26% of its power from renewables.

Rate is the EIA state average across all 286.5K residential customers, a benchmark for comparing states, not the rate on any single bill. Source: EIA Form-861.

What Wyoming's Electricity Data Tells Us

For 2024, EIA data puts Wyoming's residential electricity rate at 12.47¢/kWh, serving 286.5K metered households, running 24.3% behind the national residential average of 16.48¢/kWh. Commercial rates sit at 9.27¢/kWh; industrial rates come in at 7.96¢/kWh, reflecting the cost differentials that come from voltage level, load factor, and contract length across EIA Form-861 survey respondents. 3.0M MWh of residential power was sold over the year on roughly $370.1M in utility revenue, a useful yardstick for sizing local demand against the grid mix that serves it.

Look at where Wyoming's electricity actually comes from and coal tops the list at 60.3% of in-state production; in second place is wind, at 22.3% and natural gas supplying 13.4%. Across solar, wind, hydro, geothermal, and biomass, renewables account for 25.9% of electricity generated in Wyoming, a figure that matters because each renewable megawatt-hour displaces fuel costs that otherwise flow through to retail bills. Expansion headroom remains: cost curves for wind and solar have fallen faster than fossil alternatives for most of the last decade.

Looking back across EIA records, residential prices in Wyoming moved from 11.13¢/kWh in 2016 to 12.47¢/kWh in 2024, a 12.0% shift over that window. States charging a similar rate include Tennessee, Arkansas, Montana, a useful peer set for a sanity check. For anyone negotiating a supplier contract, weighing an energy-efficiency upgrade, or modeling a household budget, the combination of current rate, multi-year trend, and generation mix offers a sturdier footing than any single data point on its own.

-24.3%

vs the US residential average

80%

of states have higher residential rates

26%

renewable share, above the US mix

286.5K

residential customers served

How Wyoming compares

Residential
Wyoming 12.47¢
US average 16.48¢
-24% vs benchmark
Commercial
Wyoming 9.27¢
US average 12.75¢
-27% vs benchmark
Industrial
Wyoming 7.96¢
US average 8.13¢
-2% vs benchmark

Cents per kWh, EIA Form 861. Pick a benchmark above to compare Wyoming against the US average or a peer state.

Residential Price History

Year Price Change
2024 12.47¢/kWh +8.8%
2023 11.46¢/kWh +3.3%
2022 11.09¢/kWh -0.7%
2021 11.17¢/kWh +0.5%
2020 11.11¢/kWh -0.6%
2019 11.18¢/kWh -1.0%
2018 11.29¢/kWh -0.7%
2017 11.37¢/kWh +2.2%
2016 11.13¢/kWh -

Energy Generation Mix

How Wyoming generates its electricity. Renewable sources account for 25.9% of generation.

  • Coal60.3%
  • Windrenewable22.3%
  • Natural Gas13.4%
  • Hydrorenewable2.5%
  • Solarrenewable1.1%
  • Other0.2%
  • Petroleum0.1%

Market Overview

Residential Revenue

$370.1M

Commercial Revenue

$489.0M

Residential Sales

3.0M MWh

Residential Customers

286.5K

Frequently Asked Questions

How much does electricity cost in Wyoming?
Residential electricity in Wyoming costs 12.47¢/kWh (2024), which is 24.3% below the national average. Commercial rate: 9.27¢/kWh. Industrial rate: 7.96¢/kWh.
How much of Wyoming's electricity is renewable?
Renewable sources account for 25.9% of Wyoming's electricity generation (2024). The top source is coal at 60.3%.
Are electricity prices going up in Wyoming?
From 2016 to 2024, residential electricity in Wyoming changed from 11.13¢/kWh to 12.47¢/kWh (+12.0%).
What are commercial and industrial electricity rates in Wyoming?
Commercial electricity in Wyoming costs 9.27¢/kWh and industrial costs 7.96¢/kWh (2024).
What is the cheapest energy source in Wyoming?
Wyoming's electricity generation is led by coal at 60.3% of the mix, followed by wind at 22.3% (2024). Nationally, natural gas and renewables like wind and solar tend to have the lowest marginal generation costs.
Where does RateWatt's Wyoming electricity data come from?
All electricity price and generation data comes from the U.S. Energy Information Administration (EIA), the official federal statistics agency for energy data. Data is updated annually.

Using Wyoming's numbers

This is the state average, use it as a benchmark, not a quote for your address.

  • Wyoming sits 24.3% below the national average, see exactly where it lands among all 50 states. See the rankings
  • Check the multi-year trend before you judge the rate, a low price rising fast can cost more over a decade than a steady one. Wyoming price trend
  • Compare Wyoming side by side with the US average and peer states using the tool above, then estimate your own bill from your monthly kWh. Cost calculator

Figures are EIA state averages by sector. Your actual rate depends on your utility, plan, and usage, see our disclaimer.

Source: U.S. Energy Information Administration, Electricity (Retail Sales and State Electricity Profiles). See our methodology for details. Retrieved and formatted by RateWatt Editorial

Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the U.S. Energy Information Administration (EIA). Consult a qualified professional before making decisions based on this data.

Every figure on RateWatt is rendered directly from official U.S. Energy Information Administration (EIA) data, no number is typed in by an editor. State prices and generation mix are pulled directly from the EIA's published tables for this state. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-05-15.