Electricity Rates in Lakewood, WI
The average residential electricity rate in Lakewood, WI is 16.0¢/kWh based on 2024 EIA data. Wisconsin Public Service Corp provides electricity to the area. This is 5.9% below the Wisconsin state average.
Electricity Providers in Lakewood
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Wisconsin Public Service Corp | 16.0¢/kWh | 11.0¢/kWh | Investor Owned |
Estimated Monthly Electric Bill
Based on the average residential rate of 16.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Lakewood
At 16.0¢/kWh, a typical Lakewood household spends approximately $1701.12/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 Lakewood
Charging an electric vehicle at home in Lakewood costs approximately $144.00/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 Wisconsin
Frequently Asked Questions
What is the average electricity rate in Lakewood, WI?
The average residential electricity rate in Lakewood, WI is 16.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $141.76 for a typical household.
Who provides electricity in Lakewood?
Lakewood is served by 1 electricity provider. Wisconsin Public Service Corp is the largest provider in the area.
How do Lakewood electricity rates compare to the rest of Wisconsin?
Lakewood's average rate of 16.0¢/kWh is 5.9% below the Wisconsin state average of 17.0¢/kWh. Residents enjoy some of the lower rates in the state.