Electricity Rates in Lake spring, MO

Residents of Lake spring, MO benefit from relatively low electricity rates, averaging 13.0¢/kWh — 26.9% below the national average. Intercounty Electric Coop Assn - (MO) serves the area.

Avg. Residential Rate 13.0¢/kWh
vs. Missouri Avg. 0.0%
vs. National Avg. -26.9%
Providers 1

Electricity Providers in Lake spring

Utility Residential Rate Commercial Rate Type
Intercounty Electric Coop Assn - (MO) 13.0¢/kWh 10.0¢/kWh Cooperative

Estimated Monthly Electric Bill

Based on the average residential rate of 13.0¢/kWh and typical US household usage of 886 kWh/month:

Lake spring monthly bill $115.18
Lake spring annual cost $1382.16
Missouri avg. monthly $115.18
National avg. monthly $157.53

Solar Savings in Lake spring

At 13.0¢/kWh, a typical Lake spring household spends approximately $1382.16/year on electricity. Solar panels could reduce this by 50–90%.

$1037/yr estimated solar savings

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

EV Charging Costs in Lake spring

Charging an electric vehicle at home in Lake spring 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.

Frequently Asked Questions

What is the average electricity rate in Lake spring, MO?

The average residential electricity rate in Lake spring, 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 Lake spring?

Lake spring is served by 1 electricity provider. Intercounty Electric Coop Assn - (MO) is the largest provider in the area.

How do Lake spring electricity rates compare to the rest of Missouri?

Lake spring's average rate of 13.0¢/kWh is close to the Missouri state average of 13.0¢/kWh. Rates are typical for the region.