Electricity Rates in Laurel, DE

Laurel, DE is in a deregulated electricity market with 2 providers available. The average residential rate is 13.0¢/kWh, close to the Delaware average of 13.0¢/kWh. Residents may be able to switch providers to find a lower rate.

Avg. Residential Rate 13.0¢/kWh
vs. Delaware Avg. 0.0%
vs. National Avg. -26.9%
Providers 2

Electricity Providers in Laurel

Utility Residential Rate Commercial Rate Type
Delaware Electric Cooperative 14.0¢/kWh 14.0¢/kWh Cooperative
Delmarva Power 12.0¢/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:

Laurel monthly bill $115.18
Laurel annual cost $1382.16
Delaware avg. monthly $115.18
National avg. monthly $157.53

Solar Savings in Laurel

At 13.0¢/kWh, a typical Laurel household spends approximately $1382.16/year on electricity. Solar panels could reduce this by 50–90%.

$1037/yr estimated solar savings

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

EV Charging Costs in Laurel

Charging an electric vehicle at home in Laurel 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.

Frequently Asked Questions

What is the average electricity rate in Laurel, DE?

The average residential electricity rate in Laurel, DE 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 Laurel?

Laurel is served by 2 electricity providers. Delmarva Power is the largest provider in the area, though rates and availability vary by specific address.

How do Laurel electricity rates compare to the rest of Delaware?

Laurel's average rate of 13.0¢/kWh is close to the Delaware state average of 13.0¢/kWh. Rates are typical for the region.