Electricity Rates in Mineral ridge, OH
Mineral ridge, OH is in a deregulated electricity market with 2 providers available. The average residential rate is 11.0¢/kWh, 21.4% below the Ohio average of 14.0¢/kWh. Residents may be able to switch providers to find a lower rate.
Electricity Providers in Mineral ridge
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| City of Niles - (OH) | 9.0¢/kWh | 8.0¢/kWh | Municipal |
| Ohio Edison Co | 12.0¢/kWh | 11.0¢/kWh | Investor Owned |
Estimated Monthly Electric Bill
Based on the average residential rate of 11.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Mineral ridge
At 11.0¢/kWh, a typical Mineral ridge household spends approximately $1169.52/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 Mineral ridge
Charging an electric vehicle at home in Mineral ridge costs approximately $99.00/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 Mineral ridge, OH?
The average residential electricity rate in Mineral ridge, OH is 11.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $97.46 for a typical household.
Who provides electricity in Mineral ridge?
Mineral ridge is served by 2 electricity providers. Ohio Edison Co is the largest provider in the area, though rates and availability vary by specific address.
How do Mineral ridge electricity rates compare to the rest of Ohio?
Mineral ridge's average rate of 11.0¢/kWh is 21.4% below the Ohio state average of 14.0¢/kWh. Residents enjoy some of the lower rates in the state.