Electricity Rates in Bancroft, WV

The average residential electricity rate in Bancroft, WV is 17.0¢/kWh based on 2024 EIA data. Appalachian Power Co provides electricity to the area. This is 6.3% above the West Virginia state average.

Avg. Residential Rate 17.0¢/kWh
vs. West Virginia Avg. +6.3%
vs. National Avg. -4.4%
Providers 1

Electricity Providers in Bancroft

Utility Residential Rate Commercial Rate Type
Appalachian Power Co 17.0¢/kWh 12.0¢/kWh Investor Owned

Estimated Monthly Electric Bill

Based on the average residential rate of 17.0¢/kWh and typical US household usage of 886 kWh/month:

Bancroft monthly bill $150.62
Bancroft annual cost $1807.44
West Virginia avg. monthly $141.76
National avg. monthly $157.53

Solar Savings in Bancroft

At 17.0¢/kWh, a typical Bancroft household spends approximately $1807.44/year on electricity. Solar panels could reduce this by 50–90%.

$1356/yr estimated solar savings

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

EV Charging Costs in Bancroft

Charging an electric vehicle at home in Bancroft costs approximately $153.00/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 Bancroft, WV?

The average residential electricity rate in Bancroft, WV is 17.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $150.62 for a typical household.

Who provides electricity in Bancroft?

Bancroft is served by 1 electricity provider. Appalachian Power Co is the largest provider in the area.

How do Bancroft electricity rates compare to the rest of West Virginia?

Bancroft's average rate of 17.0¢/kWh is 6.3% above the West Virginia state average of 16.0¢/kWh. Residents may benefit from exploring solar energy to offset higher electricity costs.