Electricity Rates in Luther, OK
Residents of Luther, OK benefit from relatively low electricity rates, averaging 12.0¢/kWh — 32.5% below the national average. The city is served by 3 electricity providers, with Canadian Valley Elec Coop, Inc being the largest.
Electricity Providers in Luther
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Canadian Valley Elec Coop, Inc | 12.0¢/kWh | 10.0¢/kWh | Cooperative |
| Central Rural Electric Cooperative, Inc | 12.0¢/kWh | 11.0¢/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 12.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Luther
At 12.0¢/kWh, a typical Luther 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 Luther
Charging an electric vehicle at home in Luther 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 Luther, OK?
The average residential electricity rate in Luther, 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 Luther?
Luther is served by 3 electricity providers. Canadian Valley Elec Coop, Inc is the largest provider in the area, though rates and availability vary by specific address.
How do Luther electricity rates compare to the rest of Oklahoma?
Luther'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.