Electricity Rates in Laredo, TX
Residents of Laredo, TX benefit from relatively low electricity rates, averaging 12.0¢/kWh — 32.5% below the national average. Medina Electric Coop, Inc serves the area.
Electricity Providers in Laredo
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Medina Electric Coop, Inc | 12.0¢/kWh | 10.0¢/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 Laredo
At 12.0¢/kWh, a typical Laredo 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 Laredo
Charging an electric vehicle at home in Laredo 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 Laredo, TX?
The average residential electricity rate in Laredo, 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 Laredo?
Laredo is served by 1 electricity provider. Medina Electric Coop, Inc is the largest provider in the area.
How do Laredo electricity rates compare to the rest of Texas?
Laredo'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.