Electricity Rates in New home, TX
Residents of New home, TX benefit from relatively low electricity rates, averaging 9.0¢/kWh — 49.4% below the national average. Lyntegar Electric Coop, Inc serves the area.
Electricity Providers in New home
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Lyntegar Electric Coop, Inc | 9.0¢/kWh | 7.0¢/kWh | Cooperative |
Estimated Monthly Electric Bill
Based on the average residential rate of 9.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in New home
At 9.0¢/kWh, a typical New home household spends approximately $956.88/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 New home
Charging an electric vehicle at home in New home costs approximately $81.00/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 New home, TX?
The average residential electricity rate in New home, TX is 9.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $79.74 for a typical household.
Who provides electricity in New home?
New home is served by 1 electricity provider. Lyntegar Electric Coop, Inc is the largest provider in the area.
How do New home electricity rates compare to the rest of Texas?
New home's average rate of 9.0¢/kWh is 30.8% below the Texas state average of 13.0¢/kWh. Residents enjoy some of the lower rates in the state.