Electricity Rates in New london, MO
Residents of New london, MO benefit from relatively low electricity rates, averaging 13.0¢/kWh — 26.9% below the national average. The city is served by 2 electricity providers, with Missouri Rural Electric Coop being the largest.
Electricity Providers in New london
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| 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 New london
At 13.0¢/kWh, a typical New london 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 New london
Charging an electric vehicle at home in New london 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 New london, MO?
The average residential electricity rate in New london, 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 New london?
New london is served by 2 electricity providers. Missouri Rural Electric Coop is the largest provider in the area, though rates and availability vary by specific address.
How do New london electricity rates compare to the rest of Missouri?
New london's average rate of 13.0¢/kWh is close to the Missouri state average of 13.0¢/kWh. Rates are typical for the region.