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Utah is the 30th most populous state in the U.S., with 3,503,613 residents across its 82,376 square miles according to the U.S. Census Bureau.

The state ranked No. 13 for business in 2024 by CNBC. Utah is home to key economic industries, including technology, finance, manufacturing and trade.

Energy

Utah ranks 16th for energy production, with oil and natural gas the main products, according to the U.S. Energy Information Administration.

The state ranks 32nd for energy consumption, with natural gas, coal and ethanol power being the leading sources.

Utah’s residential electricity rate is $0.122/kWh, below the national average of $0.16/kWh. Commercial users pay $0.085, below the national average of $0.126.

Industrial users pay $0.069/kWh, below the national average industrial rate of $0.0804/kWh.

Residential natural gas prices average $13.45 per thousand cubic feet, 9% lower than the national average of $14.75, according to the most recently available data from the U.S. Energy Information Administration.

Environment

Annual carbon emissions have increased by 146% since 1970, as the state’s population tripled, going from 1.06 million to 3.5 million. Utah’s population is projected to increase by an additional 35% percent, reaching 4.7 million residents by 2050.

The federal government controls 68% of all land in Utah. The U.S. Fish & Wildlife Service lists 44 species in Utah as threatened or endangered.