Electricity Rates in Bancroft, ID
Residents of Bancroft, ID benefit from relatively low electricity rates, averaging 12.0¢/kWh — 32.5% below the national average. The city is served by 2 electricity providers, with Idaho Power Co being the largest.
Electricity Providers in Bancroft
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Idaho Power Co | 12.0¢/kWh | 9.0¢/kWh | Investor Owned |
| PacifiCorp | 12.0¢/kWh | 10.0¢/kWh | Investor Owned |
Estimated Monthly Electric Bill
Based on the average residential rate of 12.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Bancroft
At 12.0¢/kWh, a typical Bancroft household spends approximately $1275.84/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 Bancroft
Charging an electric vehicle at home in Bancroft costs approximately $108.00/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 Idaho
Frequently Asked Questions
What is the average electricity rate in Bancroft, ID?
The average residential electricity rate in Bancroft, ID is 12.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $106.32 for a typical household.
Who provides electricity in Bancroft?
Bancroft is served by 2 electricity providers. Idaho Power Co is the largest provider in the area, though rates and availability vary by specific address.
How do Bancroft electricity rates compare to the rest of Idaho?
Bancroft's average rate of 12.0¢/kWh is close to the Idaho state average of 12.0¢/kWh. Rates are typical for the region.