Electricity Rates in Woodward, OK
Residents of Woodward, 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 Oklahoma Gas & Electric Co being the largest.
Electricity Providers in Woodward
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Alfalfa Electric Coop, Inc | 10.0¢/kWh | 14.0¢/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 |
| Public Service Co of Oklahoma | 13.0¢/kWh | 9.0¢/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 Woodward
At 12.0¢/kWh, a typical Woodward 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 Woodward
Charging an electric vehicle at home in Woodward 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 Woodward, OK?
The average residential electricity rate in Woodward, 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 Woodward?
Woodward is served by 4 electricity providers. Oklahoma Gas & Electric Co is the largest provider in the area, though rates and availability vary by specific address.
How do Woodward electricity rates compare to the rest of Oklahoma?
Woodward'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.