Electricity Rates in Yancey, TX
Residents of Yancey, TX benefit from relatively low electricity rates, averaging 12.0¢/kWh — 32.5% below the national average. Medina Electric Coop, Inc serves the area.
Electricity Providers in Yancey
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| 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 Yancey
At 12.0¢/kWh, a typical Yancey 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 Yancey
Charging an electric vehicle at home in Yancey 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 Yancey, TX?
The average residential electricity rate in Yancey, 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 Yancey?
Yancey is served by 1 electricity provider. Medina Electric Coop, Inc is the largest provider in the area.
How do Yancey electricity rates compare to the rest of Texas?
Yancey'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.