Electricity Rates in Columbia, MO

The average residential electricity rate in Columbia is $0.12 per kilowatt-hour (kWh), which is 25% below the national average of $0.16/kWh. The average monthly electric bill for Columbia homeowners is approximately $117.

With solar panels, Columbia homeowners can reduce their electricity costs by approximately 74%, saving around $87 per month or $27,000 over 25 years. The 30% federal tax credit further reduces the upfront cost of going solar.

The major electric utilities serving the Columbia area include Ameren Missouri, Evergy (KCP&L), Empire District Electric. Rates vary between providers, so your exact cost depends on your utility and usage level.

Yes, electricity rates in Columbia and across Missouri have been increasing, following national trends of 2-5% annual increases. This makes solar panels an increasingly attractive option since they lock in your energy costs for 25+ years.