Electricity Rates in New albany, OH
New albany, OH is in a deregulated electricity market with 3 providers available. The average residential rate is 15.0¢/kWh, 7.1% above the Ohio average of 14.0¢/kWh. Residents may be able to switch providers to find a lower rate.
Electricity Providers in New albany
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| City of Columbus - (OH) | 11.0¢/kWh | 14.0¢/kWh | Municipal |
| Consolidated Cooperative | 16.0¢/kWh | 15.0¢/kWh | Cooperative |
| Licking Rural Electric Inc | 17.0¢/kWh | 18.0¢/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:
Solar Savings in New albany
At 15.0¢/kWh, a typical New albany 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 New albany
Charging an electric vehicle at home in New albany 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 Ohio
Frequently Asked Questions
What is the average electricity rate in New albany, OH?
The average residential electricity rate in New albany, 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 New albany?
New albany is served by 3 electricity providers. City of Columbus - (OH) is the largest provider in the area, though rates and availability vary by specific address.
How do New albany electricity rates compare to the rest of Ohio?
New albany'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.