Electricity Rates in Laramie, WY
Residents of Laramie, WY benefit from relatively low electricity rates, averaging 15.0¢/kWh — 15.6% below the national average. The city is served by 3 electricity providers, with Cheyenne Light Fuel & Power being the largest.
Electricity Providers in Laramie
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Cheyenne Light Fuel & Power | 17.0¢/kWh | 9.0¢/kWh | Investor Owned |
| High West Energy, Inc | 14.0¢/kWh | 5.0¢/kWh | Cooperative |
| PacifiCorp | 13.0¢/kWh | 11.0¢/kWh | Investor Owned |
Estimated Monthly Electric Bill
Based on the average residential rate of 15.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Laramie
At 15.0¢/kWh, a typical Laramie household spends approximately $1594.80/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 Laramie
Charging an electric vehicle at home in Laramie costs approximately $135.00/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 Wyoming
Frequently Asked Questions
What is the average electricity rate in Laramie, WY?
The average residential electricity rate in Laramie, WY is 15.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $132.90 for a typical household.
Who provides electricity in Laramie?
Laramie is served by 3 electricity providers. Cheyenne Light Fuel & Power is the largest provider in the area, though rates and availability vary by specific address.
How do Laramie electricity rates compare to the rest of Wyoming?
Laramie's average rate of 15.0¢/kWh is 15.4% above the Wyoming state average of 13.0¢/kWh. Residents may benefit from exploring solar energy to offset higher electricity costs.