Electricity Rates in Thousand oaks, CA
Electricity rates in Thousand oaks, CA average 25.0¢/kWh — 40.6% above the national average of 17.78¢/kWh. Southern California Edison Co is the primary electricity provider in the area.
Electricity Providers in Thousand oaks
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Southern California Edison Co | 25.0¢/kWh | 17.0¢/kWh | Investor Owned |
Estimated Monthly Electric Bill
Based on the average residential rate of 25.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Thousand oaks
At 25.0¢/kWh, a typical Thousand oaks household spends approximately $2658.00/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 Thousand oaks
Charging an electric vehicle at home in Thousand oaks costs approximately $225.00/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 Thousand oaks, CA?
The average residential electricity rate in Thousand oaks, CA is 25.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $221.50 for a typical household.
Who provides electricity in Thousand oaks?
Thousand oaks is served by 1 electricity provider. Southern California Edison Co is the largest provider in the area.
How do Thousand oaks electricity rates compare to the rest of California?
Thousand oaks's average rate of 25.0¢/kWh is 13.8% below the California state average of 29.0¢/kWh. Residents enjoy some of the lower rates in the state.