Electricity Rates in Lloyd, MT
The average residential electricity rate in Lloyd, MT is 16.0¢/kWh based on 2024 EIA data. Fergus Electric Coop, Inc provides electricity to the area. This is 45.5% above the Montana state average.
Electricity Providers in Lloyd
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Fergus Electric Coop, Inc | 16.0¢/kWh | 9.0¢/kWh | Cooperative |
Estimated Monthly Electric Bill
Based on the average residential rate of 16.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Lloyd
At 16.0¢/kWh, a typical Lloyd household spends approximately $1701.12/year on electricity. Solar panels could reduce this by 50–90%.
The federal solar tax credit covers 30% of installation costs through 2032.
EV Charging Costs in Lloyd
Charging an electric vehicle at home in Lloyd costs approximately $144.00/month at current rates, based on average driving habits (about 30 kWh per charge, charged daily). Compare to public charging prices at ChargeBuddy.ai.
Nearby Cities in Montana
Frequently Asked Questions
What is the average electricity rate in Lloyd, MT?
The average residential electricity rate in Lloyd, MT is 16.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $141.76 for a typical household.
Who provides electricity in Lloyd?
Lloyd is served by 1 electricity provider. Fergus Electric Coop, Inc is the largest provider in the area.
How do Lloyd electricity rates compare to the rest of Montana?
Lloyd's average rate of 16.0¢/kWh is 45.5% above the Montana state average of 11.0¢/kWh. Residents may benefit from exploring solar energy to offset higher electricity costs.