Electricity Rates in Medicine park, OK
Residents of Medicine park, OK benefit from relatively low electricity rates, averaging 12.0¢/kWh — 32.5% below the national average. Cotton Electric Coop, Inc serves the area.
Electricity Providers in Medicine park
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Cotton Electric Coop, Inc | 12.0¢/kWh | 10.0¢/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 Medicine park
At 12.0¢/kWh, a typical Medicine park 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 Medicine park
Charging an electric vehicle at home in Medicine park 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 Medicine park, OK?
The average residential electricity rate in Medicine park, 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 Medicine park?
Medicine park is served by 1 electricity provider. Cotton Electric Coop, Inc is the largest provider in the area.
How do Medicine park electricity rates compare to the rest of Oklahoma?
Medicine park'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.