Electricity Rates in Parma, OH
Parma, OH is in a deregulated electricity market with 2 providers available. The average residential rate is 13.0¢/kWh, 7.1% below the Ohio average of 14.0¢/kWh. Residents may be able to switch providers to find a lower rate.
Electricity Providers in Parma
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| City of Cleveland - (OH) | 15.0¢/kWh | 14.0¢/kWh | Municipal |
| Cleveland Electric Illum Co | 12.0¢/kWh | 13.0¢/kWh | Investor Owned |
Estimated Monthly Electric Bill
Based on the average residential rate of 13.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Parma
At 13.0¢/kWh, a typical Parma household spends approximately $1382.16/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 Parma
Charging an electric vehicle at home in Parma costs approximately $117.00/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 Parma, OH?
The average residential electricity rate in Parma, OH is 13.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $115.18 for a typical household.
Who provides electricity in Parma?
Parma is served by 2 electricity providers. Cleveland Electric Illum Co is the largest provider in the area, though rates and availability vary by specific address.
How do Parma electricity rates compare to the rest of Ohio?
Parma's average rate of 13.0¢/kWh is 7.1% below the Ohio state average of 14.0¢/kWh. Residents enjoy some of the lower rates in the state.