Wyoming Electricity

What Wyoming's Electricity Data Tells Us

Residential customers in Wyoming pay 12.47¢/kWh in 2024, spread across 286.5K metered households, placing the state 24.3% below the national residential average of 16.48¢/kWh. Commercial rates sit at 9.27¢/kWh while industrial buyers pay 7.96¢/kWh, reflecting the cost differentials that come from voltage level, load factor, and contract length across EIA Form-861 survey respondents. Annual residential sales total 3.0M MWh on roughly $370.1M in utility revenue, a useful yardstick for sizing local demand against the grid mix that serves it.

The generation mix is led by coal at 60.3% of in-state production, with wind providing 22.3% and natural gas supplying 13.4%. Renewable fuels, solar, wind, hydro, geothermal, and biomass, collectively account for 25.9% of Wyoming's electricity output, 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. Comparable-priced neighbors include Tennessee, Arkansas, Montana, which gives a peer set for sanity-checking local quotes. 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.