Electricity Rates in Meridian, TX
Meridian, TX is in a deregulated electricity market with 2 providers available. The average residential rate is 13.0¢/kWh, close to the Texas average of 13.0¢/kWh. Residents may be able to switch providers to find a lower rate.
Electricity Providers in Meridian
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Heart of Texas Electric Coop | 13.0¢/kWh | 14.0¢/kWh | Cooperative |
| United Electric Coop Service Inc - (TX) | 13.0¢/kWh | 12.0¢/kWh | Cooperative |
Estimated Monthly Electric Bill
Based on the average residential rate of 13.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Meridian
At 13.0¢/kWh, a typical Meridian household spends approximately $1382.16/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 Meridian
Charging an electric vehicle at home in Meridian costs approximately $117.00/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 Meridian, TX?
The average residential electricity rate in Meridian, TX is 13.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $115.18 for a typical household.
Who provides electricity in Meridian?
Meridian is served by 2 electricity providers. Heart of Texas Electric Coop is the largest provider in the area, though rates and availability vary by specific address.
How do Meridian electricity rates compare to the rest of Texas?
Meridian's average rate of 13.0¢/kWh is close to the Texas state average of 13.0¢/kWh. Rates are typical for the region.