Electricity Rates in Lakewood village, TX
Residents of Lakewood village, TX benefit from relatively low electricity rates, averaging 14.0¢/kWh — 21.3% below the national average. Denton County Elec Coop, Inc serves the area.
Electricity Providers in Lakewood village
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Denton County Elec Coop, Inc | 14.0¢/kWh | 14.0¢/kWh | Cooperative |
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 Lakewood village
At 14.0¢/kWh, a typical Lakewood village 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 Lakewood village
Charging an electric vehicle at home in Lakewood village 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 Lakewood village, TX?
The average residential electricity rate in Lakewood village, 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 Lakewood village?
Lakewood village is served by 1 electricity provider. Denton County Elec Coop, Inc is the largest provider in the area.
How do Lakewood village electricity rates compare to the rest of Texas?
Lakewood village'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.