Electricity Rates in New richmond, WI
Residents of New richmond, WI 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 City of New Richmond being the largest.
Electricity Providers in New richmond
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| City of New Richmond | 12.0¢/kWh | 10.0¢/kWh | Municipal |
| Northern States Power Co | 16.0¢/kWh | 12.0¢/kWh | Investor Owned |
| Polk-Burnett Electric Coop | 16.0¢/kWh | 12.0¢/kWh | Cooperative |
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 New richmond
At 14.0¢/kWh, a typical New richmond 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 New richmond
Charging an electric vehicle at home in New richmond 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 Wisconsin
Frequently Asked Questions
What is the average electricity rate in New richmond, WI?
The average residential electricity rate in New richmond, WI 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 New richmond?
New richmond is served by 3 electricity providers. City of New Richmond is the largest provider in the area, though rates and availability vary by specific address.
How do New richmond electricity rates compare to the rest of Wisconsin?
New richmond's average rate of 14.0¢/kWh is 17.6% below the Wisconsin state average of 17.0¢/kWh. Residents enjoy some of the lower rates in the state.