Electricity Rates in Richwood, LA

Residents of Richwood, LA benefit from relatively low electricity rates, averaging 12.0¢/kWh — 32.5% below the national average. The city is served by 3 electricity providers, with Claiborne Electric Coop, Inc being the largest.

Avg. Residential Rate 12.0¢/kWh
vs. Louisiana Avg. 0.0%
vs. National Avg. -32.5%
Providers 3

Electricity Providers in Richwood

Utility Residential Rate Commercial Rate Type
Claiborne Electric Coop, Inc 13.0¢/kWh 13.0¢/kWh Cooperative
Entergy Louisiana LLC 11.0¢/kWh 10.0¢/kWh Investor Owned
Northeast Louisiana Power Coop Inc. 11.0¢/kWh 12.0¢/kWh Cooperative

Estimated Monthly Electric Bill

Based on the average residential rate of 12.0¢/kWh and typical US household usage of 886 kWh/month:

Richwood monthly bill $106.32
Richwood annual cost $1275.84
Louisiana avg. monthly $106.32
National avg. monthly $157.53

Solar Savings in Richwood

At 12.0¢/kWh, a typical Richwood household spends approximately $1275.84/year on electricity. Solar panels could reduce this by 50–90%.

$957/yr estimated solar savings

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

EV Charging Costs in Richwood

Charging an electric vehicle at home in Richwood 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.

Frequently Asked Questions

What is the average electricity rate in Richwood, LA?

The average residential electricity rate in Richwood, LA 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 Richwood?

Richwood is served by 3 electricity providers. Claiborne Electric Coop, Inc is the largest provider in the area, though rates and availability vary by specific address.

How do Richwood electricity rates compare to the rest of Louisiana?

Richwood's average rate of 12.0¢/kWh is close to the Louisiana state average of 12.0¢/kWh. Rates are typical for the region.