Electricity Rates in Lane, OK
Residents of Lane, 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 Choctaw Electric Coop Inc being the largest.
Electricity Providers in Lane
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Choctaw Electric Coop Inc | 13.0¢/kWh | 8.0¢/kWh | Cooperative |
| People's Electric Cooperative | 13.0¢/kWh | 14.0¢/kWh | Cooperative |
| Public Service Co of Oklahoma | 13.0¢/kWh | 9.0¢/kWh | Investor Owned |
| Southeastern Electric Coop Inc - (OK) | 9.0¢/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 Lane
At 12.0¢/kWh, a typical Lane 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 Lane
Charging an electric vehicle at home in Lane 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 Lane, OK?
The average residential electricity rate in Lane, 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 Lane?
Lane is served by 4 electricity providers. Choctaw Electric Coop Inc is the largest provider in the area, though rates and availability vary by specific address.
How do Lane electricity rates compare to the rest of Oklahoma?
Lane'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.