Spencer Electricity Rates

Commercial electricity rates in Spencer

• Commercial Electricity in Spencer
• • The average commercial electricity rate in Spencer is 7.13¢/kWh.^[1]
  • This average (commercial) electricity rate in Spencer is 2.6% less than the Oklahoma average rate of 7.32¢/kWh.^[2]
  • The average (commercial) electricity rate in Spencer is 29.34% 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 Spencer

• Residential Electricity in Spencer
• • The average residential electricity rate in Spencer is 9.76¢/kWh.^[1]
  • This average (residential) electricity rate in Spencer is 2.63% greater than the Oklahoma average rate of 9.51¢/kWh.^[2]
  • The average (residential) electricity rate in Spencer is 17.85% 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 Spencer

• Industrial Electricity in Spencer
• • The average industrial electricity rate in Spencer is 5.06¢/kWh.^[1]
  • This average (industrial) electricity rate in Spencer is 0.59% less than the Oklahoma average rate of 5.09¢/kWh.^[2]
  • The average (industrial) electricity rate in Spencer is 24.14% 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 Oklahoma

• Commercial electricity rates in OK ^[3]
• • The average commercial electricity rate in Oklahoma is 7.32¢/kWh, which ranks 50th in the nation and is 27.45% less than the national average rate of 10.09¢/kWh.[3]
• Commercial electricity consumption in OK ^[3]
• • Commercial electricity consumption in Oklahoma averages 6,206 kWh/month, which ranks 19th in the nation and is 0.51% less than the national average of 6,238 kWh/month.
• Commercial electricity bills in OK ^[3]
• • The average monthly commercial electricity bill in Oklahoma is $454, which ranks 41st in the nation and is 27.82% less than the national average of $629.
• Learn more about commercial electricity in Oklahoma

Residential electricity in Oklahoma

• Residential electricity rates in Oklahoma ^[3]
• • The average residential electricity rate in Oklahoma is 9.51¢/kWh, which ranks 45th in the nation and is 19.95% less than the national average rate of 11.88¢/kWh.
• Residential electricity consumption in OK ^[3]
• • Residential electricity consumption in Oklahoma averages 1,132 kWh/month, which ranks 6th in the nation and is 25.36% greater than the national average of 903 kWh/month.
• Residential electricity bills in OK ^[3]
• • The average monthly residential electricity bill in Oklahoma is $108, which ranks 19th in the nation and is 0.93% greater than the national average of $107 per month.
• Learn more about residential electricity in Oklahoma

Industrial electricity in Oklahoma

• Industrial electricity rates in Oklahoma ^[3]
• • The average industrial electricity rate in Oklahoma is 5.09¢/kWh, which ranks 49th in the nation and is 23.69% less than the national average rate of 6.67¢/kWh.
• Industrial electricity consumption in OK ^[3]
• • Industrial electricity consumption in Oklahoma averages 75,694 kWh/month, which ranks 37th in the nation and is 32.51% less than the national average of 112,158 kWh/month.
• Industrial electricity bills in OK ^[3]
• • The average monthly industrial electricity bill in Oklahoma is $3,850, which ranks 43rd in the nation and is 48.55% less than the national average of $7,483.
• Learn more about industrial electricity in Oklahoma

Spencer, OK Income Breakdown ^[4]

Income Summary for Spencer, OK

• • Household income: The city of Spencer has a median household income of $38,255, versus $62,843 for the U.S.^[4]
  • Compared to the U.S.: Median household income in Spencer is approximately 39 percent less than the median income for the entire United States.^[4]
  • Poverty level: Approximately 14.6 percent of Spencer households have incomes below poverty level.^[4]
  • Electric bills: The average residential electricity bill in Oklahoma is about $108/month, ranking 19th in the U.S. and 0.93% greater than the national average of $107.^[5]

Income: Spencer vs. Nation ^[4]