Electricity Rates in Malta, OH

Residents of Malta, OH benefit from relatively low electricity rates, averaging 15.0¢/kWh — 15.6% below the national average. Ohio Power Co serves the area.

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

Electricity Providers in Malta

Utility Residential Rate Commercial Rate Type
Ohio Power Co 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:

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

Solar Savings in Malta

At 15.0¢/kWh, a typical Malta 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 Malta

Charging an electric vehicle at home in Malta 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 Malta, OH?

The average residential electricity rate in Malta, 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 Malta?

Malta is served by 1 electricity provider. Ohio Power Co is the largest provider in the area.

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

Malta'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.