Electricity Rates in Mercedes, TX
Residents of Mercedes, TX benefit from relatively low electricity rates, averaging 10.0¢/kWh — 43.8% below the national average. Magic Valley Electric Coop Inc serves the area.
Electricity Providers in Mercedes
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Magic Valley Electric Coop Inc | 10.0¢/kWh | 11.0¢/kWh | Cooperative |
Estimated Monthly Electric Bill
Based on the average residential rate of 10.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Mercedes
At 10.0¢/kWh, a typical Mercedes household spends approximately $1063.20/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 Mercedes
Charging an electric vehicle at home in Mercedes costs approximately $90.00/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 Mercedes, TX?
The average residential electricity rate in Mercedes, TX is 10.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $88.60 for a typical household.
Who provides electricity in Mercedes?
Mercedes is served by 1 electricity provider. Magic Valley Electric Coop Inc is the largest provider in the area.
How do Mercedes electricity rates compare to the rest of Texas?
Mercedes's average rate of 10.0¢/kWh is 23.1% below the Texas state average of 13.0¢/kWh. Residents enjoy some of the lower rates in the state.