Electricity Rates in Fairmont, OK
Residents of Fairmont, OK benefit from relatively low electricity rates, averaging 13.0¢/kWh — 26.9% below the national average. The city is served by 3 electricity providers, with Cimarron Electric Coop being the largest.
Electricity Providers in Fairmont
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Cimarron Electric Coop | 12.0¢/kWh | 11.0¢/kWh | Cooperative |
| Kay Electric Coop | 14.0¢/kWh | 12.0¢/kWh | Cooperative |
| Oklahoma Gas & Electric Co | 12.0¢/kWh | 8.0¢/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 Fairmont
At 13.0¢/kWh, a typical Fairmont 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 Fairmont
Charging an electric vehicle at home in Fairmont 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 Oklahoma
Frequently Asked Questions
What is the average electricity rate in Fairmont, OK?
The average residential electricity rate in Fairmont, OK 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 Fairmont?
Fairmont is served by 3 electricity providers. Cimarron Electric Coop is the largest provider in the area, though rates and availability vary by specific address.
How do Fairmont electricity rates compare to the rest of Oklahoma?
Fairmont's average rate of 13.0¢/kWh is close to the Oklahoma state average of 13.0¢/kWh. Rates are typical for the region.