Electricity Rates in Payne, OH
Payne, OH is in a deregulated electricity market with 2 providers available. The average residential rate is 16.0¢/kWh, 14.3% above the Ohio average of 14.0¢/kWh. Residents may be able to switch providers to find a lower rate.
Electricity Providers in Payne
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Ohio Power Co | 15.0¢/kWh | 10.0¢/kWh | Investor Owned |
| Paulding-Putman Elec Coop, Inc | 18.0¢/kWh | 15.0¢/kWh | Cooperative |
Estimated Monthly Electric Bill
Based on the average residential rate of 16.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Payne
At 16.0¢/kWh, a typical Payne household spends approximately $1701.12/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 Payne
Charging an electric vehicle at home in Payne costs approximately $144.00/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 Payne, OH?
The average residential electricity rate in Payne, OH is 16.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $141.76 for a typical household.
Who provides electricity in Payne?
Payne is served by 2 electricity providers. Ohio Power Co is the largest provider in the area, though rates and availability vary by specific address.
How do Payne electricity rates compare to the rest of Ohio?
Payne's average rate of 16.0¢/kWh is 14.3% above the Ohio state average of 14.0¢/kWh. Residents may benefit from exploring solar energy to offset higher electricity costs.