Velva Electricity Rates

Commercial electricity rates in Velva

• Commercial Electricity in Velva
• • The average commercial electricity rate in Velva is 7.09¢/kWh.^[1]
  • This average (commercial) electricity rate in Velva is 11.6% less than the North Dakota average rate of 8.02¢/kWh.^[2]
  • The average (commercial) electricity rate in Velva is 29.73% less than the national average rate of 10.09¢/kWh. Commercial rates in the U.S. range from 6.86¢/kWh to 34.88¢/kWh.^[2]

Residential electricity rates in Velva

• Residential Electricity in Velva
• • The average residential electricity rate in Velva is 7.96¢/kWh.^[1]
  • This average (residential) electricity rate in Velva is 12.14% less than the North Dakota average rate of 9.06¢/kWh.^[2]
  • The average (residential) electricity rate in Velva is 33% less than the national average rate of 11.88¢/kWh. Residential rates in the U.S. range from 8.37¢/kWh to 37.34¢/kWh.^[2]

Industrial electricity rates in Velva

• Industrial Electricity in Velva
• • The average industrial electricity rate in Velva is 6.19¢/kWh.^[1]
  • This average (industrial) electricity rate in Velva is 5.5% less than the North Dakota average rate of 6.55¢/kWh.^[2]
  • The average (industrial) electricity rate in Velva is 7.2% less than the national average rate of 6.67¢/kWh. Industrial rates in the U.S. range from 4.13¢/kWh to 30.82¢/kWh.^[2]

Commercial electricity in North Dakota

• Commercial electricity rates in ND ^[3]
• • The average commercial electricity rate in North Dakota is 8.02¢/kWh, which ranks 44th in the nation and is 20.52% less than the national average rate of 10.09¢/kWh.[3]
• Commercial electricity consumption in ND ^[3]
• • Commercial electricity consumption in North Dakota averages 6,740 kWh/month, which ranks 14th in the nation and is 8.05% greater than the national average of 6,238 kWh/month.
• Commercial electricity bills in ND ^[3]
• • The average monthly commercial electricity bill in North Dakota is $541, which ranks 24th in the nation and is 13.99% less than the national average of $629.
• Learn more about commercial electricity in North Dakota

Residential electricity in North Dakota

• Residential electricity rates in North Dakota ^[3]
• • The average residential electricity rate in North Dakota is 9.06¢/kWh, which ranks 48th in the nation and is 23.74% less than the national average rate of 11.88¢/kWh.
• Residential electricity consumption in ND ^[3]
• • Residential electricity consumption in North Dakota averages 1,091 kWh/month, which ranks 12th in the nation and is 20.82% greater than the national average of 903 kWh/month.
• Residential electricity bills in ND ^[3]
• • The average monthly residential electricity bill in North Dakota is $99, which ranks 30th in the nation and is 7.48% less than the national average of $107 per month.
• Learn more about residential electricity in North Dakota

Industrial electricity in North Dakota

• Industrial electricity rates in North Dakota ^[3]
• • The average industrial electricity rate in North Dakota is 6.55¢/kWh, which ranks 24th in the nation and is 1.8% less than the national average rate of 6.67¢/kWh.
• Industrial electricity consumption in ND ^[3]
• • Industrial electricity consumption in North Dakota averages 92,778 kWh/month, which ranks 26th in the nation and is 17.28% less than the national average of 112,158 kWh/month.
• Industrial electricity bills in ND ^[3]
• • The average monthly industrial electricity bill in North Dakota is $6,079, which ranks 31st in the nation and is 18.76% less than the national average of $7,483.
• Learn more about industrial electricity in North Dakota

Velva, ND Income Breakdown ^[4]

Income Summary for Velva, ND

• • Household income: The city of Velva has a median household income of $65,417, versus $62,843 for the U.S.^[4]
  • Compared to the U.S.: Median household income in Velva is approximately 4 percent greater than the median income for the entire United States.^[4]
  • Poverty level: Approximately 1.7 percent of Velva households have incomes below poverty level.^[4]
  • Electric bills: The average residential electricity bill in North Dakota is about $99/month, ranking 30th in the U.S. and 7.48% less than the national average of $107.^[5]

Income: Velva vs. Nation ^[4]