Electricity Rates in Olympia, WA
Residents of Olympia, WA benefit from relatively low electricity rates, averaging 14.0¢/kWh — 21.3% below the national average. The city is served by 3 electricity providers, with Puget Sound Energy Inc being the largest.
Electricity Providers in Olympia
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| PUD No 1 of Grays Harbor County | 13.0¢/kWh | 11.0¢/kWh | Political Subdivision |
| PUD No 3 of Mason County | 14.0¢/kWh | 10.0¢/kWh | Political Subdivision |
| Puget Sound Energy Inc | 15.0¢/kWh | 8.0¢/kWh | Investor Owned |
Estimated Monthly Electric Bill
Based on the average residential rate of 14.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Olympia
At 14.0¢/kWh, a typical Olympia household spends approximately $1488.48/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 Olympia
Charging an electric vehicle at home in Olympia costs approximately $126.00/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 Washington
Frequently Asked Questions
What is the average electricity rate in Olympia, WA?
The average residential electricity rate in Olympia, WA is 14.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $124.04 for a typical household.
Who provides electricity in Olympia?
Olympia is served by 3 electricity providers. Puget Sound Energy Inc is the largest provider in the area, though rates and availability vary by specific address.
How do Olympia electricity rates compare to the rest of Washington?
Olympia's average rate of 14.0¢/kWh is 27.3% above the Washington state average of 11.0¢/kWh. Residents may benefit from exploring solar energy to offset higher electricity costs.