Electricity Rates in Parma, MO
Residents of Parma, MO benefit from relatively low electricity rates, averaging 12.0¢/kWh — 32.5% below the national average. The city is served by 3 electricity providers, with Ozark Border Electric Coop being the largest.
Electricity Providers in Parma
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Ozark Border Electric Coop | 12.0¢/kWh | 11.0¢/kWh | Cooperative |
| SEMO Electric Cooperative | 13.0¢/kWh | 17.0¢/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 12.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Parma
At 12.0¢/kWh, a typical Parma 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 Parma
Charging an electric vehicle at home in Parma 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 Parma, MO?
The average residential electricity rate in Parma, 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 Parma?
Parma is served by 3 electricity providers. Ozark Border Electric Coop is the largest provider in the area, though rates and availability vary by specific address.
How do Parma electricity rates compare to the rest of Missouri?
Parma'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.