As of May 01, 2026, the average salary for an Utility Rate Analyst in the United States is $82,710 per year, which breaks down to an hourly rate of $40.
However, an Utility Rate Analyst's salary can vary significantly. Here’s a look at the typical salary range:
Compensation Planning
Develop a Job Description
Pay Equity
2025 Compensation Trend
Smart Recruiting
AI Onboarding
An Utility Rate Analyst's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, education and company size can directly affect your earning potential.
Experience is a primary driver of an Utility Rate Analyst's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Levels | Salary |
|---|---|
| Entry Level Utility Rate Analyst | $80,612 |
| Intermediate Level Utility Rate Analyst | $80,803 |
| Senior Level Utility Rate Analyst | $81,566 |
| Specialist Level Utility Rate Analyst | $84,814 |
| Expert Level Utility Rate Analyst | $86,393 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Utility Rate Analysts. For example, consider the average annual salaries in these key locations:
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Analysis | 14.06% |
| Pricing | 3.18% |
| Actuarial Science | 2.39% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
Team Management
|
$90,154 |
9%
|
|
Collaboration
|
$88,500 |
7%
|
|
Telecommunications
|
$86,846 |
5%
|
|
Financial Analysis
|
$86,846 |
5%
|
|
Commitment
|
$86,846 |
5%
|
|
Effective Communication
|
$86,846 |
5%
|
Your level of education can impact your salary potential. While many Utility Rate Analysts enter the field with a Associate's Degree degree, higher education can lead to more specialized and higher-paying roles.
According to our 100% employer-reported salary data, the median salary for an Utility Rate Analyst with a Associate's Degree is between $93,330 and $98,997).
Utility Rate Analyst Salaries by Degree Level
| Degree Level | % of user with this level of education |
|---|---|
| No Diploma | 1.3% |
| High School | 2.6% |
| Associates | 55.1% |
| Bachelors | 55.1% |
| Masters | 39.7% |
| Doctorate | 1.3% |
Understanding how an Utility Rate Analyst's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
Last Updated on May 01, 2026Promotions are the fastest way to increase your earnings. As an Utility Rate Analyst, you have the following paths for advancement. The table below compares the salary raises for common next-step roles. By comparing these figures, you can choose the career path that best meets your financial goals.
| Next Step Role | Estimate Salary | Projected Raise |
|---|---|---|
| Cost and Productivity Analyst III | $94,800 | 15% |
| Telecommunications Rate Schedule Manager | $116,300 | 41% |
Salaries for an Utility Rate Analyst can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $75,617 in 2023 to around $74,925 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Utility Rate Analyst salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 |
View More
|
| 2023 | $75,617 |
| 2024 | $75,321 |
| 2025 | $74,925 |
| 2026 |
View More
|
| 2027 |
View More
|
If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution.
Compensation PlanningHere are companies hiring for Utility Rate Analyst and their salaries, click below for more details.
Ready to take the next step in your career? Browse thousands of current Utility Rate Analyst job openings on our job board. Use the search bar below to find your perfect match.
Get a Salary Increase
Analyze the market and your qualifications to negotiate your salary with confidence.
Search Job Openings
Search thousands of open positions to find your next opportunity.
Adjust Employee Salary
Individualize employee pay based on unique job requirements and personal qualifications.
Price My Industry Jobs
Get the latest market price for benchmark jobs and jobs in your industry.
The job title of a Utility Rate Analyst reflects the seniority and experience required for the role. Typically, salaries range from $88,370 to $107,310, with a midpoint of $99,290. This indicates the level of expertise expected, with higher salaries often associated with more advanced positions or specialized skills.
The average cost of utilities in the U.S. ranges from $500 to $600 per month, totaling $6,000 to $7,200 annually. This includes expenses for electricity, gas, water, sewer, phone, internet, and streaming or cable TV services. Utility bills vary based on location, home size, individual usage, and efficiency. Utility Rate Analysts typically earn between $88,370 and $107,310 annually.
Analysts are compensated well due to their critical role in guiding organizations through complex financial landscapes. Their expertise in data analysis and market trends is essential for informed decision-making. This importance is reflected in their salaries, which range from $88,370 to $107,310, with a median of $99,290, highlighting the value they bring to companies.
Analysts earn competitive salaries due to several factors. Experience plays a crucial role; seasoned Utility Rate Analysts can command salaries ranging from $88,370 to $107,310, with a median of $99,290. Additionally, advanced education, such as a master's degree, enhances their earning potential, reflecting their expertise in solving complex problems and delivering valuable insights.
Utility workers typically work 12 to 16-hour shifts. The salary for a Utility Rate Analyst ranges from $88,370 to $107,310, with a mid-salary of $99,290. This compensation reflects the demanding nature of the job and the expertise required in analyzing utility rates and regulations.
The expected salary for a Utility Rate Analyst ranges from $88,370 to $107,310 per year, with a median salary of $99,290. These figures reflect the typical compensation for this role, providing a clear overview of potential earnings in the field.
Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.
We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)
With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.
Salary.com's CompAnalyst platform offers:
