Electricity Rates in Putnam, OK
Residents of Putnam, 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 Putnam
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Cimarron Electric Coop | 12.0¢/kWh | 11.0¢/kWh | Cooperative |
| Northwestern Electric Coop Inc - (OK) | 15.0¢/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 Putnam
At 13.0¢/kWh, a typical Putnam 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 Putnam
Charging an electric vehicle at home in Putnam 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 Putnam, OK?
The average residential electricity rate in Putnam, 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 Putnam?
Putnam 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 Putnam electricity rates compare to the rest of Oklahoma?
Putnam's average rate of 13.0¢/kWh is close to the Oklahoma state average of 13.0¢/kWh. Rates are typical for the region.