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