Electricity Rates in Wyoming

There are 32 companies in Wyoming providing electricity. Of those 32, 62.50% of them offer some type of net metering option for their consumers, making solar panels and alternative electric sources more economically feasible. The state has good net metering and feed in tariffs that make solar and other types of electricity generation more feasible.

The average energy loss for electricity providers in Wyoming is 3.27%. This includes data from 5 suppliers, including Lower Valley Energy, Powder River Energy Corporation, and City of Gillette Utilities. The US average is 2.45%, resulting in Wyoming having a rank of 24th best in the nation for energy loss efficiency.

State governments can encourage private residents to consider installing solar panels at their private residence by issuing tax breaks and rebates. Wyoming offers a credit that is $1000 or less or there is no state tax. There are currently no statewide rebates available to citizens who are considering installing solar panels. There are currently no property tax exemptions for consumers in Wyoming who wish to install solar panels at their residence. Consumers in the state do not have access to a sales tax exemption when purchasing solar.

Whether a consumer is able to easily purchase electricity options with renewable fuel types is at least somewhat determined by initiatives at the state level. Many states require renewable fuels to make up a portion of the fuel used for electricity generation. These guidelines are called Renewable Portfolio Standards (RPS). Wyoming, unfortunately, has no standards in place. Additionally, the state does not have any sort of low income solar programs that help with the installation of solar panels at low income households.