Residential rates by utility (EIA-861, average all-in ¢/kWh)
| Utility | 2023 ¢/kWh | 2024 ¢/kWh | Customers (2024) | Ownership | vs state avg, $/yr |
|---|---|---|---|---|---|
| City of Burlington Electric | 17.97 | 18.88 | 17,861 | Municipal | -$348 |
| Green Mountain Power Corp | 21.02 | 22.09 | 226,675 | Investor-owned | -$2 |
| Vermont Electric Cooperative, Inc | 21.41 | 23.26 | 35,964 | Co-op | +$124 |
Average price = residential revenue ÷ residential sales from each utility's federal EIA-861 filing (bundled service — supply + delivery + riders, not a quoted tariff rate). State average = 22.11¢/kWh, volume-weighted across these utilities (2024). Your distribution utility is fixed by address; these gaps measure what households in different territories actually paid. A further 3 competitive suppliers / solar lessors report energy-only or behind-the-meter sales in Vermont; their prices cover only part of the bill and are not comparable to the all-in figures above.
Can you choose your electric company in Vermont?
Electric supply choice: no · Gas supply choice: no
Fully regulated.
Official rate information: puc.vermont.gov.
Heating: which fuel is cheapest per million BTU in Vermont?
| Fuel | Native price | As of | $ per MMBTU |
|---|---|---|---|
| Utility natural gas | $1.526 /therm | Feb 2026 | 15.26 |
| Heating oil (No. 2) | $5.558 /gal | Mar 30, 2026 | 40.13 |
| Propane | $3.733 /gal | Mar 30, 2026 | 40.82 |
| Electricity (resistance) | 23.27 ¢/kWh | Feb 2026 | 68.20 |
Utility natural gas is the cheapest heating fuel in Vermont at $15.26/MMBTU — heating oil costs 2.6× as much per BTU. Conversions: 1 kWh = 3,412 BTU; 1 therm = 100,000 BTU; heating oil 138,500 BTU/gal; propane 91,452 BTU/gal. Site-energy prices — appliance efficiency changes delivered-heat cost: a 95% AFUE gas furnace delivers heat near the gas figure, while a heat pump at seasonal COP 2.5–3 cuts the effective electric figure by 60–70%.
Electricity price trend, last 12 months
Vermont's average residential price went from 21.99¢/kWh in Feb '25 to 23.27¢/kWh in Feb '26 — up 6% year-over-year. The 12-month peak was 24.78¢ in Oct '25.
| Month | Feb '25 | Mar '25 | Apr '25 | May '25 | Jun '25 | Jul '25 | Aug '25 | Sep '25 | Oct '25 | Nov '25 | Dec '25 | Jan '26 | Feb '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ¢/kWh | 21.99 | 22.38 | 22.97 | 23.75 | 23.00 | 22.14 | 22.27 | 23.92 | 24.78 | 24.17 | 23.22 | 23.29 | 23.27 |
Questions people ask
- Who has the cheapest electricity in Vermont?
- Green Mountain Power Corp is Vermont's dominant utility, at an average 22.1 cents per kWh in 2024 (EIA-861). Smaller municipal and cooperative utilities serve the rest of the state.
- Can I choose my electric company in Vermont?
- No. Vermont is a regulated retail market: your utility is set by address and there is no residential supplier shopping. Rates are set in state utility-commission proceedings (puc.vermont.gov).
- Is gas or electric heat cheaper in Vermont?
- Per million BTU of site energy, utility natural gas was $15.26 (Feb 2026) versus $68.20 for electric resistance heat, $40.13 for heating oil. A heat pump delivering 2.5-3 units of heat per unit of electricity brings electric heating to roughly $23-27 per MMBTU.
- What is the average electric bill in Vermont?
- At Vermont's February 2026 average price of 23.27 cents/kWh and typical usage of 900 kWh per month, a household pays about $209 per month ($2513 per year) for electricity. Actual bills vary with usage, utility territory, and tariff.