Electricity Rates in Latham, OH

Residents of Latham, OH benefit from relatively low electricity rates, averaging 15.0¢/kWh — 15.6% below the national average. South Central Power Company serves the area.

Avg. Residential Rate 15.0¢/kWh
vs. Ohio Avg. +7.1%
vs. National Avg. -15.6%
Providers 1

Electricity Providers in Latham

Utility Residential Rate Commercial Rate Type
South Central Power Company 15.0¢/kWh 14.0¢/kWh Cooperative

Estimated Monthly Electric Bill

Based on the average residential rate of 15.0¢/kWh and typical US household usage of 886 kWh/month:

Latham monthly bill $132.90
Latham annual cost $1594.80
Ohio avg. monthly $124.04
National avg. monthly $157.53

Solar Savings in Latham

At 15.0¢/kWh, a typical Latham household spends approximately $1594.80/year on electricity. Solar panels could reduce this by 50–90%.

$1196/yr estimated solar savings

The federal solar tax credit covers 30% of installation costs through 2032.

EV Charging Costs in Latham

Charging an electric vehicle at home in Latham 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.

Frequently Asked Questions

What is the average electricity rate in Latham, OH?

The average residential electricity rate in Latham, OH 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 Latham?

Latham is served by 1 electricity provider. South Central Power Company is the largest provider in the area.

How do Latham electricity rates compare to the rest of Ohio?

Latham's average rate of 15.0¢/kWh is 7.1% above the Ohio state average of 14.0¢/kWh. Residents may benefit from exploring solar energy to offset higher electricity costs.