Electricity Rates in Hominy, OK
Residents of Hominy, OK benefit from relatively low electricity rates, averaging 12.0¢/kWh — 32.5% below the national average. The city is served by 4 electricity providers, with Indian Electric Coop, Inc being the largest.
Electricity Providers in Hominy
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Indian Electric Coop, Inc | 13.0¢/kWh | 11.0¢/kWh | Cooperative |
| Oklahoma Gas & Electric Co | 12.0¢/kWh | 8.0¢/kWh | Investor Owned |
| Public Service Co of Oklahoma | 13.0¢/kWh | 9.0¢/kWh | Investor Owned |
| Verdigris Valley Elec Coop Inc | 12.0¢/kWh | 12.0¢/kWh | Cooperative |
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 Hominy
At 12.0¢/kWh, a typical Hominy 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 Hominy
Charging an electric vehicle at home in Hominy 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 Oklahoma
Frequently Asked Questions
What is the average electricity rate in Hominy, OK?
The average residential electricity rate in Hominy, OK 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 Hominy?
Hominy is served by 4 electricity providers. Indian Electric Coop, Inc is the largest provider in the area, though rates and availability vary by specific address.
How do Hominy electricity rates compare to the rest of Oklahoma?
Hominy's average rate of 12.0¢/kWh is 7.7% below the Oklahoma state average of 13.0¢/kWh. Residents enjoy some of the lower rates in the state.