Electricity Rates in Mexico, MO
Residents of Mexico, MO benefit from relatively low electricity rates, averaging 14.0¢/kWh — 21.3% below the national average. The city is served by 3 electricity providers, with Callaway Electric Cooperative being the largest.
Electricity Providers in Mexico
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Callaway Electric Cooperative | 16.0¢/kWh | 12.0¢/kWh | Cooperative |
| Consolidated Electric Coop | 13.0¢/kWh | 11.0¢/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:
Solar Savings in Mexico
At 14.0¢/kWh, a typical Mexico household spends approximately $1488.48/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 Mexico
Charging an electric vehicle at home in Mexico 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.
Nearby Cities in Missouri
Frequently Asked Questions
What is the average electricity rate in Mexico, MO?
The average residential electricity rate in Mexico, 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 Mexico?
Mexico is served by 3 electricity providers. Callaway Electric Cooperative is the largest provider in the area, though rates and availability vary by specific address.
How do Mexico electricity rates compare to the rest of Missouri?
Mexico'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.