Electricity Rates in Lamar, AR
Residents of Lamar, AR benefit from relatively low electricity rates, averaging 13.0¢/kWh — 26.9% below the national average. The city is served by 4 electricity providers, with Arkansas Valley Elec Coop Corp being the largest.
Electricity Providers in Lamar
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Arkansas Valley Elec Coop Corp | 13.0¢/kWh | 12.0¢/kWh | Cooperative |
| Carroll Electric Coop Corp - (AR) | 12.0¢/kWh | 10.0¢/kWh | Cooperative |
| Entergy Arkansas LLC | 13.0¢/kWh | 10.0¢/kWh | Investor Owned |
| Oklahoma Gas & Electric Co | 11.0¢/kWh | 10.0¢/kWh | Investor Owned |
Estimated Monthly Electric Bill
Based on the average residential rate of 13.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Lamar
At 13.0¢/kWh, a typical Lamar household spends approximately $1382.16/year on electricity. Solar panels could reduce this by 50–90%.
The federal solar tax credit covers 30% of installation costs through 2032.
EV Charging Costs in Lamar
Charging an electric vehicle at home in Lamar costs approximately $117.00/month at current rates, based on average driving habits (about 30 kWh per charge, charged daily). Compare to public charging prices at ChargeBuddy.ai.
Nearby Cities in Arkansas
Frequently Asked Questions
What is the average electricity rate in Lamar, AR?
The average residential electricity rate in Lamar, AR is 13.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $115.18 for a typical household.
Who provides electricity in Lamar?
Lamar is served by 4 electricity providers. Arkansas Valley Elec Coop Corp is the largest provider in the area, though rates and availability vary by specific address.
How do Lamar electricity rates compare to the rest of Arkansas?
Lamar's average rate of 13.0¢/kWh is close to the Arkansas state average of 13.0¢/kWh. Rates are typical for the region.