Electricity Rates in Wallace, NE
Residents of Wallace, NE benefit from relatively low electricity rates, averaging 11.0¢/kWh — 38.1% below the national average. The city is served by 2 electricity providers, with Midwest Electric Member Corp - (NE) being the largest.
Electricity Providers in Wallace
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Midwest Electric Member Corp - (NE) | 12.0¢/kWh | 14.0¢/kWh | Cooperative |
| Southwest Public Power Dist | 10.0¢/kWh | 10.0¢/kWh | Political Subdivision |
Estimated Monthly Electric Bill
Based on the average residential rate of 11.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Wallace
At 11.0¢/kWh, a typical Wallace household spends approximately $1169.52/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 Wallace
Charging an electric vehicle at home in Wallace costs approximately $99.00/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 Wallace, NE?
The average residential electricity rate in Wallace, NE is 11.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $97.46 for a typical household.
Who provides electricity in Wallace?
Wallace is served by 2 electricity providers. Midwest Electric Member Corp - (NE) is the largest provider in the area, though rates and availability vary by specific address.
How do Wallace electricity rates compare to the rest of Nebraska?
Wallace's average rate of 11.0¢/kWh is close to the Nebraska state average of 11.0¢/kWh. Rates are typical for the region.