Electricity Rates in New castle, AL

The average residential electricity rate in New castle, AL is 17.0¢/kWh based on 2024 EIA data. The city is served by 2 utility providers. This is 13.3% above the Alabama state average.

Avg. Residential Rate 17.0¢/kWh
vs. Alabama Avg. +13.3%
vs. National Avg. -4.4%
Providers 2

Electricity Providers in New castle

Utility Residential Rate Commercial Rate Type
Alabama Power Co 17.0¢/kWh 15.0¢/kWh Investor Owned
Tennessee Valley Authority N/A 7.0¢/kWh Federal

Estimated Monthly Electric Bill

Based on the average residential rate of 17.0¢/kWh and typical US household usage of 886 kWh/month:

New castle monthly bill $150.62
New castle annual cost $1807.44
Alabama avg. monthly $132.90
National avg. monthly $157.53

Solar Savings in New castle

At 17.0¢/kWh, a typical New castle household spends approximately $1807.44/year on electricity. Solar panels could reduce this by 50–90%.

$1356/yr estimated solar savings

The federal solar tax credit covers 30% of installation costs through 2032.

EV Charging Costs in New castle

Charging an electric vehicle at home in New castle costs approximately $153.00/month at current rates, based on average driving habits (about 30 kWh per charge, charged daily). Compare to public charging prices at ChargeBuddy.ai.

Frequently Asked Questions

What is the average electricity rate in New castle, AL?

The average residential electricity rate in New castle, AL is 17.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $150.62 for a typical household.

Who provides electricity in New castle?

New castle is served by 2 electricity providers. Alabama Power Co is the largest provider in the area, though rates and availability vary by specific address.

How do New castle electricity rates compare to the rest of Alabama?

New castle's average rate of 17.0¢/kWh is 13.3% above the Alabama state average of 15.0¢/kWh. Residents may benefit from exploring solar energy to offset higher electricity costs.