Electricity Rates in Otterbien home, OH
Otterbien home, 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 Otterbien home
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| City of Lebanon - (OH) | 11.0¢/kWh | 10.0¢/kWh | Municipal |
| Duke Energy Ohio Inc | 11.0¢/kWh | 8.0¢/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 Otterbien home
At 11.0¢/kWh, a typical Otterbien home 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 Otterbien home
Charging an electric vehicle at home in Otterbien home 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 Otterbien home, OH?
The average residential electricity rate in Otterbien home, 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 Otterbien home?
Otterbien home is served by 2 electricity providers. Duke Energy Ohio Inc is the largest provider in the area, though rates and availability vary by specific address.
How do Otterbien home electricity rates compare to the rest of Ohio?
Otterbien home'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.