Electricity Rates in Canyon, TX
Canyon, TX is in a deregulated electricity market with 3 providers available. The average residential rate is 13.0¢/kWh, close to the Texas average of 13.0¢/kWh. Residents may be able to switch providers to find a lower rate.
Electricity Providers in Canyon
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Deaf Smith Electric Coop, Inc | 9.0¢/kWh | 5.0¢/kWh | Cooperative |
| Greenbelt Electric Coop, Inc | 18.0¢/kWh | 14.0¢/kWh | Cooperative |
| Southwestern Public Service Co | 13.0¢/kWh | 9.0¢/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 Canyon
At 13.0¢/kWh, a typical Canyon 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 Canyon
Charging an electric vehicle at home in Canyon 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 Texas
Frequently Asked Questions
What is the average electricity rate in Canyon, TX?
The average residential electricity rate in Canyon, TX 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 Canyon?
Canyon is served by 3 electricity providers. Deaf Smith Electric Coop, Inc is the largest provider in the area, though rates and availability vary by specific address.
How do Canyon electricity rates compare to the rest of Texas?
Canyon's average rate of 13.0¢/kWh is close to the Texas state average of 13.0¢/kWh. Rates are typical for the region.