Electricity Rates in Penwell, TX

The average residential electricity rate in Penwell, TX is 19.0¢/kWh based on 2024 EIA data. TXU Energy Retail Co, LLC provides electricity to the area. This is 46.2% above the Texas state average.

Avg. Residential Rate 19.0¢/kWh
vs. Texas Avg. +46.2%
vs. National Avg. +6.9%
Providers 1

Electricity Providers in Penwell

Utility Residential Rate Commercial Rate Type
TXU Energy Retail Co, LLC 19.0¢/kWh 17.0¢/kWh Retail Power Marketer

Estimated Monthly Electric Bill

Based on the average residential rate of 19.0¢/kWh and typical US household usage of 886 kWh/month:

Penwell monthly bill $168.34
Penwell annual cost $2020.08
Texas avg. monthly $115.18
National avg. monthly $157.53

Solar Savings in Penwell

At 19.0¢/kWh, a typical Penwell household spends approximately $2020.08/year on electricity. Solar panels could reduce this by 50–90%.

$1515/yr estimated solar savings

The federal solar tax credit covers 30% of installation costs through 2032.

EV Charging Costs in Penwell

Charging an electric vehicle at home in Penwell costs approximately $171.00/month at current rates, based on average driving habits (about 30 kWh per charge, charged daily). Compare to public charging prices at ChargeBuddy.ai.

Frequently Asked Questions

What is the average electricity rate in Penwell, TX?

The average residential electricity rate in Penwell, TX is 19.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $168.34 for a typical household.

Who provides electricity in Penwell?

Penwell is served by 1 electricity provider. TXU Energy Retail Co, LLC is the largest provider in the area.

How do Penwell electricity rates compare to the rest of Texas?

Penwell's average rate of 19.0¢/kWh is 46.2% above the Texas state average of 13.0¢/kWh. Residents may benefit from exploring solar energy to offset higher electricity costs.