Electricity Rates in Lone oak, TX
Residents of Lone oak, 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 Lone oak
| 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 Lone oak
At 12.0¢/kWh, a typical Lone oak 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 Lone oak
Charging an electric vehicle at home in Lone oak 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 Lone oak, TX?
The average residential electricity rate in Lone oak, 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 Lone oak?
Lone oak is served by 1 electricity provider. Farmers Electric Coop, Inc - (TX) is the largest provider in the area.
How do Lone oak electricity rates compare to the rest of Texas?
Lone oak'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.