Electricity Rates in Norwood, MO
Residents of Norwood, 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 Laclede Electric Coop, Inc being the largest.
Electricity Providers in Norwood
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Laclede Electric Coop, Inc | 12.0¢/kWh | 12.0¢/kWh | Cooperative |
| White River Valley El Coop Inc | 14.0¢/kWh | 13.0¢/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:
Solar Savings in Norwood
At 13.0¢/kWh, a typical Norwood 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 Norwood
Charging an electric vehicle at home in Norwood 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 Norwood, MO?
The average residential electricity rate in Norwood, 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 Norwood?
Norwood is served by 2 electricity providers. Laclede Electric Coop, Inc is the largest provider in the area, though rates and availability vary by specific address.
How do Norwood electricity rates compare to the rest of Missouri?
Norwood's average rate of 13.0¢/kWh is close to the Missouri state average of 13.0¢/kWh. Rates are typical for the region.