Electricity Rates in New bavaria, OH
New bavaria, OH is in a deregulated electricity market with 4 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 bavaria
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Hancock-Wood Electric Coop Inc | 17.0¢/kWh | 15.0¢/kWh | Cooperative |
| Ohio Power Co | 15.0¢/kWh | 10.0¢/kWh | Investor Owned |
| Paulding-Putman Elec Coop, Inc | 18.0¢/kWh | 15.0¢/kWh | Cooperative |
| The Toledo Edison Co | 12.0¢/kWh | 12.0¢/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:
Solar Savings in New bavaria
At 15.0¢/kWh, a typical New bavaria 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 bavaria
Charging an electric vehicle at home in New bavaria 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 bavaria, OH?
The average residential electricity rate in New bavaria, 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 bavaria?
New bavaria is served by 4 electricity providers. Ohio Power Co is the largest provider in the area, though rates and availability vary by specific address.
How do New bavaria electricity rates compare to the rest of Ohio?
New bavaria'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.