Electricity Rates in Loretta, WI
The average residential electricity rate in Loretta, WI is 16.0¢/kWh based on 2024 EIA data. The city is served by 2 utility providers. This is 5.9% below the Wisconsin state average.
Electricity Providers in Loretta
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| North Central Power Co Inc | 16.0¢/kWh | 14.0¢/kWh | Investor Owned |
| Northern States Power Co | 16.0¢/kWh | 12.0¢/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 Loretta
At 16.0¢/kWh, a typical Loretta 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 Loretta
Charging an electric vehicle at home in Loretta 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 Loretta, WI?
The average residential electricity rate in Loretta, 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 Loretta?
Loretta is served by 2 electricity providers. North Central Power Co Inc is the largest provider in the area, though rates and availability vary by specific address.
How do Loretta electricity rates compare to the rest of Wisconsin?
Loretta'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.