Electricity Rates in Homerville, OH
The average residential electricity rate in Homerville, OH is 17.0¢/kWh based on 2024 EIA data. Lorain-Medina R E C, Inc provides electricity to the area. This is 21.4% above the Ohio state average.
Electricity Providers in Homerville
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Lorain-Medina R E C, Inc | 17.0¢/kWh | 16.0¢/kWh | Cooperative |
Estimated Monthly Electric Bill
Based on the average residential rate of 17.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Homerville
At 17.0¢/kWh, a typical Homerville household spends approximately $1807.44/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 Homerville
Charging an electric vehicle at home in Homerville costs approximately $153.00/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 Ohio
Frequently Asked Questions
What is the average electricity rate in Homerville, OH?
The average residential electricity rate in Homerville, OH is 17.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $150.62 for a typical household.
Who provides electricity in Homerville?
Homerville is served by 1 electricity provider. Lorain-Medina R E C, Inc is the largest provider in the area.
How do Homerville electricity rates compare to the rest of Ohio?
Homerville's average rate of 17.0¢/kWh is 21.4% above the Ohio state average of 14.0¢/kWh. Residents may benefit from exploring solar energy to offset higher electricity costs.