Electricity Rates in Wallace, NY
Residents of Wallace, NY benefit from relatively low electricity rates, averaging 15.0¢/kWh — 15.6% below the national average. New York State Elec & Gas Corp serves the area.
Electricity Providers in Wallace
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| New York State Elec & Gas Corp | 15.0¢/kWh | 10.0¢/kWh | Investor Owned |
Estimated Monthly Electric Bill
Based on the average residential rate of 15.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Wallace
At 15.0¢/kWh, a typical Wallace household spends approximately $1594.80/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 $135.00/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 York
Frequently Asked Questions
What is the average electricity rate in Wallace, NY?
The average residential electricity rate in Wallace, NY is 15.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $132.90 for a typical household.
Who provides electricity in Wallace?
Wallace is served by 1 electricity provider. New York State Elec & Gas Corp is the largest provider in the area.
How do Wallace electricity rates compare to the rest of New York?
Wallace's average rate of 15.0¢/kWh is 11.8% below the New York state average of 17.0¢/kWh. Residents enjoy some of the lower rates in the state.