Electricity Rates in Newcastle, NE
Residents of Newcastle, NE benefit from relatively low electricity rates, averaging 9.0¢/kWh — 49.4% below the national average. The city is served by 2 electricity providers, with Cedar-Knox Public Power Dist being the largest.
Electricity Providers in Newcastle
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Cedar-Knox Public Power Dist | 8.0¢/kWh | 7.0¢/kWh | Political Subdivision |
| Northeast Power | 10.0¢/kWh | 7.0¢/kWh | Political Subdivision |
Estimated Monthly Electric Bill
Based on the average residential rate of 9.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Newcastle
At 9.0¢/kWh, a typical Newcastle household spends approximately $956.88/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 Newcastle
Charging an electric vehicle at home in Newcastle costs approximately $81.00/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 Nebraska
Frequently Asked Questions
What is the average electricity rate in Newcastle, NE?
The average residential electricity rate in Newcastle, NE is 9.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $79.74 for a typical household.
Who provides electricity in Newcastle?
Newcastle is served by 2 electricity providers. Cedar-Knox Public Power Dist is the largest provider in the area, though rates and availability vary by specific address.
How do Newcastle electricity rates compare to the rest of Nebraska?
Newcastle's average rate of 9.0¢/kWh is 18.2% below the Nebraska state average of 11.0¢/kWh. Residents enjoy some of the lower rates in the state.