Electricity Rates in Canaan, NH
Canaan, NH is in a deregulated electricity market with 2 providers available. The average residential rate is 18.0¢/kWh, close to the New Hampshire average of 18.0¢/kWh. Residents may be able to switch providers to find a lower rate.
Electricity Providers in Canaan
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| New Hampshire Elec Coop Inc | 19.0¢/kWh | 16.0¢/kWh | Cooperative |
| Public Service Co of NH | 18.0¢/kWh | 15.0¢/kWh | Investor Owned |
Estimated Monthly Electric Bill
Based on the average residential rate of 18.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Canaan
At 18.0¢/kWh, a typical Canaan household spends approximately $1913.76/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 Canaan
Charging an electric vehicle at home in Canaan costs approximately $162.00/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 New Hampshire
Frequently Asked Questions
What is the average electricity rate in Canaan, NH?
The average residential electricity rate in Canaan, NH is 18.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $159.48 for a typical household.
Who provides electricity in Canaan?
Canaan is served by 2 electricity providers. New Hampshire Elec Coop Inc is the largest provider in the area, though rates and availability vary by specific address.
How do Canaan electricity rates compare to the rest of New Hampshire?
Canaan's average rate of 18.0¢/kWh is close to the New Hampshire state average of 18.0¢/kWh. Rates are typical for the region.