Electricity Rates in Sherman oaks, CA
Electricity rates in Sherman oaks, CA average 24.0¢/kWh — 35.0% above the national average of 17.78¢/kWh. Los Angeles Department of Water & Power is the primary electricity provider in the area.
Electricity Providers in Sherman oaks
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Los Angeles Department of Water & Power | 24.0¢/kWh | 22.0¢/kWh | Municipal |
Estimated Monthly Electric Bill
Based on the average residential rate of 24.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Sherman oaks
At 24.0¢/kWh, a typical Sherman oaks household spends approximately $2551.68/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 Sherman oaks
Charging an electric vehicle at home in Sherman oaks costs approximately $216.00/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 California
Frequently Asked Questions
What is the average electricity rate in Sherman oaks, CA?
The average residential electricity rate in Sherman oaks, CA is 24.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $212.64 for a typical household.
Who provides electricity in Sherman oaks?
Sherman oaks is served by 1 electricity provider. Los Angeles Department of Water & Power is the largest provider in the area.
How do Sherman oaks electricity rates compare to the rest of California?
Sherman oaks's average rate of 24.0¢/kWh is 17.2% below the California state average of 29.0¢/kWh. Residents enjoy some of the lower rates in the state.