Electricity Rates in Licking, MO
Residents of Licking, MO benefit from relatively low electricity rates, averaging 12.0¢/kWh — 32.5% below the national average. The city is served by 2 electricity providers, with Intercounty Electric Coop Assn - (MO) being the largest.
Electricity Providers in Licking
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Intercounty Electric Coop Assn - (MO) | 13.0¢/kWh | 10.0¢/kWh | Cooperative |
| Laclede Electric Coop, Inc | 12.0¢/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:
Solar Savings in Licking
At 12.0¢/kWh, a typical Licking 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 Licking
Charging an electric vehicle at home in Licking 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 Missouri
Frequently Asked Questions
What is the average electricity rate in Licking, MO?
The average residential electricity rate in Licking, MO 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 Licking?
Licking is served by 2 electricity providers. Intercounty Electric Coop Assn - (MO) is the largest provider in the area, though rates and availability vary by specific address.
How do Licking electricity rates compare to the rest of Missouri?
Licking's average rate of 12.0¢/kWh is 7.7% below the Missouri state average of 13.0¢/kWh. Residents enjoy some of the lower rates in the state.