Electricity Rates in Caddo mills, TX
The average residential electricity rate in Caddo mills, 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 Caddo mills
| 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 Caddo mills
At 16.0¢/kWh, a typical Caddo mills 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 Caddo mills
Charging an electric vehicle at home in Caddo mills 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 Caddo mills, TX?
The average residential electricity rate in Caddo mills, 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 Caddo mills?
Caddo mills is served by 1 electricity provider. Grayson-Collin Elec Coop, Inc is the largest provider in the area.
How do Caddo mills electricity rates compare to the rest of Texas?
Caddo mills'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.