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