Electricity Rates in Norman, OK
Average electricity cost, utility comparison, and solar savings potential for Norman homeowners.
Norman Electricity Cost Overview
The average residential electricity rate in Norman, OK is $0.11 per kWh, which is 31% below the national average of $0.16/kWh. Homeowners in Norman pay an average of $93 per month for electricity, based on typical usage of 842 kWh per month.
Electricity rates in Norman are determined by the local utility providers that serve the area. Rates can vary depending on your specific utility, usage level, and time of use.
Electric Utilities Serving Norman
| Utility Company | Avg Rate ($/kWh) | Est. Monthly Bill |
|---|---|---|
| Oklahoma Gas & Electric (OG&E) | $0.11 | $93 |
| Public Service Company of Oklahoma | $0.11 | $93 |
| Empire District Electric | $0.10 | $84 |
How Solar Compares to Norman Electricity Rates
Without Solar
- Monthly bill: $93
- Annual cost: $1,116
- 25-year cost: $27,900
- Rate trend: Rising 2-5% annually
With Solar
- Monthly savings: $74
- Annual savings: $888
- 25-year savings: $28,000
- Rate: Locked in for 25+ years
Electricity Rates FAQ - Norman, OK
The average residential electricity rate in Norman is $0.11 per kilowatt-hour (kWh), which is 31% below the national average of $0.16/kWh. The average monthly electric bill for Norman homeowners is approximately $93.
With solar panels, Norman homeowners can reduce their electricity costs by approximately 80%, saving around $74 per month or $28,000 over 25 years. The 30% federal tax credit further reduces the upfront cost of going solar.
The major electric utilities serving the Norman area include Oklahoma Gas & Electric (OG&E), Public Service Company of Oklahoma, Empire District Electric. Rates vary between providers, so your exact cost depends on your utility and usage level.
Yes, electricity rates in Norman and across Oklahoma 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.
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