Electricity Rates in Mico, TX
Mico, TX is in a deregulated electricity market with 3 providers available. The average residential rate is 12.0¢/kWh, 7.7% below the Texas average of 13.0¢/kWh. Residents may be able to switch providers to find a lower rate.
Electricity Providers in Mico
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Bandera Electric Coop, Inc | 12.0¢/kWh | 10.0¢/kWh | Cooperative |
| City of San Antonio - (TX) | 12.0¢/kWh | 10.0¢/kWh | Municipal |
| 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 Mico
At 12.0¢/kWh, a typical Mico 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 Mico
Charging an electric vehicle at home in Mico 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 Mico, TX?
The average residential electricity rate in Mico, 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 Mico?
Mico is served by 3 electricity providers. Bandera Electric Coop, Inc is the largest provider in the area, though rates and availability vary by specific address.
How do Mico electricity rates compare to the rest of Texas?
Mico'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.