Electricity Rates in New waterford, OH
Residents of New waterford, OH benefit from relatively low electricity rates, averaging 12.0¢/kWh — 32.5% below the national average. Ohio Edison Co serves the area.
Electricity Providers in New waterford
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Ohio Edison Co | 12.0¢/kWh | 11.0¢/kWh | Investor Owned |
Estimated Monthly Electric Bill
Based on the average residential rate of 12.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in New waterford
At 12.0¢/kWh, a typical New waterford household spends approximately $1275.84/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 waterford
Charging an electric vehicle at home in New waterford costs approximately $108.00/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 waterford, OH?
The average residential electricity rate in New waterford, OH is 12.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $106.32 for a typical household.
Who provides electricity in New waterford?
New waterford is served by 1 electricity provider. Ohio Edison Co is the largest provider in the area.
How do New waterford electricity rates compare to the rest of Ohio?
New waterford's average rate of 12.0¢/kWh is 14.3% below the Ohio state average of 14.0¢/kWh. Residents enjoy some of the lower rates in the state.