Electricity Rates in Lake creek, TX
Residents of Lake creek, TX benefit from relatively low electricity rates, averaging 12.0¢/kWh — 32.5% below the national average. Farmers Electric Coop, Inc - (TX) serves the area.
Electricity Providers in Lake creek
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Farmers Electric Coop, Inc - (TX) | 12.0¢/kWh | 11.0¢/kWh | Cooperative |
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 Lake creek
At 12.0¢/kWh, a typical Lake creek 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 Lake creek
Charging an electric vehicle at home in Lake creek 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 Texas
Frequently Asked Questions
What is the average electricity rate in Lake creek, TX?
The average residential electricity rate in Lake creek, TX 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 Lake creek?
Lake creek is served by 1 electricity provider. Farmers Electric Coop, Inc - (TX) is the largest provider in the area.
How do Lake creek electricity rates compare to the rest of Texas?
Lake creek's average rate of 12.0¢/kWh is 7.7% below the Texas state average of 13.0¢/kWh. Residents enjoy some of the lower rates in the state.