Electricity Rates in Lake park, GA

Residents of Lake park, GA benefit from relatively low electricity rates, averaging 14.0¢/kWh — 21.3% below the national average. The city is served by 2 electricity providers, with Colquitt Electric Membership Corp being the largest.

Avg. Residential Rate 14.0¢/kWh
vs. Georgia Avg. 0.0%
vs. National Avg. -21.3%
Providers 2

Electricity Providers in Lake park

Utility Residential Rate Commercial Rate Type
Colquitt Electric Membership Corp 13.0¢/kWh 14.0¢/kWh Cooperative
Georgia Power Co 15.0¢/kWh 12.0¢/kWh Investor Owned

Estimated Monthly Electric Bill

Based on the average residential rate of 14.0¢/kWh and typical US household usage of 886 kWh/month:

Lake park monthly bill $124.04
Lake park annual cost $1488.48
Georgia avg. monthly $124.04
National avg. monthly $157.53

Solar Savings in Lake park

At 14.0¢/kWh, a typical Lake park household spends approximately $1488.48/year on electricity. Solar panels could reduce this by 50–90%.

$1116/yr estimated solar savings

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

EV Charging Costs in Lake park

Charging an electric vehicle at home in Lake park costs approximately $126.00/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 Lake park, GA?

The average residential electricity rate in Lake park, GA is 14.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $124.04 for a typical household.

Who provides electricity in Lake park?

Lake park is served by 2 electricity providers. Colquitt Electric Membership Corp is the largest provider in the area, though rates and availability vary by specific address.

How do Lake park electricity rates compare to the rest of Georgia?

Lake park's average rate of 14.0¢/kWh is close to the Georgia state average of 14.0¢/kWh. Rates are typical for the region.