Electricity Rates in Columbia, MO

Residents of Columbia, MO benefit from relatively low electricity rates, averaging 14.0¢/kWh — 21.3% below the national average. The city is served by 5 electricity providers, with Boone Electric Coop being the largest.

Avg. Residential Rate 14.0¢/kWh
vs. Missouri Avg. +7.7%
vs. National Avg. -21.3%
Providers 5

Electricity Providers in Columbia

Utility Residential Rate Commercial Rate Type
Boone Electric Coop 13.0¢/kWh 11.0¢/kWh Cooperative
Callaway Electric Cooperative 16.0¢/kWh 12.0¢/kWh Cooperative
City of Columbia - (MO) 14.0¢/kWh 11.0¢/kWh Municipal
Co-Mo Electric Coop Inc 15.0¢/kWh 13.0¢/kWh Cooperative
Union Electric Co - (MO) 13.0¢/kWh 10.0¢/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:

Columbia monthly bill $124.04
Columbia annual cost $1488.48
Missouri avg. monthly $115.18
National avg. monthly $157.53

Solar Savings in Columbia

At 14.0¢/kWh, a typical Columbia 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 Columbia

Charging an electric vehicle at home in Columbia 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 Columbia, MO?

The average residential electricity rate in Columbia, MO 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 Columbia?

Columbia is served by 5 electricity providers. Boone Electric Coop is the largest provider in the area, though rates and availability vary by specific address.

How do Columbia electricity rates compare to the rest of Missouri?

Columbia's average rate of 14.0¢/kWh is 7.7% above the Missouri state average of 13.0¢/kWh. Residents may benefit from exploring solar energy to offset higher electricity costs.