Electricity Rates in Hannibal, MO
Residents of Hannibal, MO benefit from relatively low electricity rates, averaging 13.0¢/kWh — 26.9% below the national average. The city is served by 3 electricity providers, with City of Hannibal - (MO) being the largest.
Electricity Providers in Hannibal
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| City of Hannibal - (MO) | 13.0¢/kWh | 13.0¢/kWh | Municipal |
| Missouri Rural Electric Coop | 14.0¢/kWh | 12.0¢/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 13.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Hannibal
At 13.0¢/kWh, a typical Hannibal household spends approximately $1382.16/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 Hannibal
Charging an electric vehicle at home in Hannibal costs approximately $117.00/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 Missouri
Frequently Asked Questions
What is the average electricity rate in Hannibal, MO?
The average residential electricity rate in Hannibal, MO is 13.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $115.18 for a typical household.
Who provides electricity in Hannibal?
Hannibal is served by 3 electricity providers. City of Hannibal - (MO) is the largest provider in the area, though rates and availability vary by specific address.
How do Hannibal electricity rates compare to the rest of Missouri?
Hannibal's average rate of 13.0¢/kWh is close to the Missouri state average of 13.0¢/kWh. Rates are typical for the region.