Electricity Rates in Novelty, OH
Residents of Novelty, OH benefit from relatively low electricity rates, averaging 12.0¢/kWh — 32.5% below the national average. Cleveland Electric Illum Co serves the area.
Electricity Providers in Novelty
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Cleveland Electric Illum Co | 12.0¢/kWh | 13.0¢/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 Novelty
At 12.0¢/kWh, a typical Novelty 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 Novelty
Charging an electric vehicle at home in Novelty 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 Novelty, OH?
The average residential electricity rate in Novelty, 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 Novelty?
Novelty is served by 1 electricity provider. Cleveland Electric Illum Co is the largest provider in the area.
How do Novelty electricity rates compare to the rest of Ohio?
Novelty'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.