Electricity Rates in Fred, TX
Residents of Fred, TX benefit from relatively low electricity rates, averaging 14.0¢/kWh — 21.3% below the national average. Entergy Texas Inc. serves the area.
Electricity Providers in Fred
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Entergy Texas Inc. | 14.0¢/kWh | 10.0¢/kWh | Investor Owned |
Estimated Monthly Electric Bill
Based on the average residential rate of 14.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Fred
At 14.0¢/kWh, a typical Fred household spends approximately $1488.48/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 Fred
Charging an electric vehicle at home in Fred costs approximately $126.00/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 Fred, TX?
The average residential electricity rate in Fred, TX is 14.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $124.04 for a typical household.
Who provides electricity in Fred?
Fred is served by 1 electricity provider. Entergy Texas Inc. is the largest provider in the area.
How do Fred electricity rates compare to the rest of Texas?
Fred's average rate of 14.0¢/kWh is 7.7% above the Texas state average of 13.0¢/kWh. Residents may benefit from exploring solar energy to offset higher electricity costs.