Electricity Rates in Addison, TX
The average residential electricity rate in Addison, TX is 16.0¢/kWh based on 2024 EIA data. Grayson-Collin Elec Coop, Inc provides electricity to the area. This is 23.1% above the Texas state average.
Electricity Providers in Addison
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Grayson-Collin Elec Coop, Inc | 16.0¢/kWh | 15.0¢/kWh | Cooperative |
Estimated Monthly Electric Bill
Based on the average residential rate of 16.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Addison
At 16.0¢/kWh, a typical Addison household spends approximately $1701.12/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 Addison
Charging an electric vehicle at home in Addison costs approximately $144.00/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 Texas
Frequently Asked Questions
What is the average electricity rate in Addison, TX?
The average residential electricity rate in Addison, TX is 16.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $141.76 for a typical household.
Who provides electricity in Addison?
Addison is served by 1 electricity provider. Grayson-Collin Elec Coop, Inc is the largest provider in the area.
How do Addison electricity rates compare to the rest of Texas?
Addison's average rate of 16.0¢/kWh is 23.1% above the Texas state average of 13.0¢/kWh. Residents may benefit from exploring solar energy to offset higher electricity costs.