Electricity Rates in Meridian, ID
Residents of Meridian, ID benefit from relatively low electricity rates, averaging 12.0¢/kWh — 32.5% below the national average. Idaho Power Co serves the area.
Electricity Providers in Meridian
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Idaho Power Co | 12.0¢/kWh | 9.0¢/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 Meridian
At 12.0¢/kWh, a typical Meridian 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 Meridian
Charging an electric vehicle at home in Meridian 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 Meridian, ID?
The average residential electricity rate in Meridian, 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 Meridian?
Meridian is served by 1 electricity provider. Idaho Power Co is the largest provider in the area.
How do Meridian electricity rates compare to the rest of Idaho?
Meridian's average rate of 12.0¢/kWh is close to the Idaho state average of 12.0¢/kWh. Rates are typical for the region.