Electricity Rates in Woonsocket, RI
Average electricity cost, utility comparison, and solar savings potential for Woonsocket homeowners.
Woonsocket Electricity Cost Overview
The average residential electricity rate in Woonsocket, RI is $0.24 per kWh, which is 50% above the national average of $0.16/kWh. Homeowners in Woonsocket pay an average of $189 per month for electricity, based on typical usage of 789 kWh per month.
Electricity rates in Woonsocket are determined by the local utility providers that serve the area. Rates can vary depending on your specific utility, usage level, and time of use. Since Rhode Island has a deregulated electricity market, Woonsocket residents can shop for competitive rates from alternative suppliers.
Electric Utilities Serving Woonsocket
| Utility Company | Avg Rate ($/kWh) | Est. Monthly Bill |
|---|---|---|
| Rhode Island Energy | $0.24 | $189 |
| Block Island Power Company | $0.25 | $197 |
| Pascoag Utility District | $0.22 | $174 |
How Solar Compares to Woonsocket Electricity Rates
Without Solar
- Monthly bill: $189
- Annual cost: $2,268
- 25-year cost: $56,700
- Rate trend: Rising 2-5% annually
With Solar
- Monthly savings: $151
- Annual savings: $1,812
- 25-year savings: $36,000
- Rate: Locked in for 25+ years
Electricity Rates FAQ - Woonsocket, RI
The average residential electricity rate in Woonsocket is $0.24 per kilowatt-hour (kWh), which is 50% above the national average of $0.16/kWh. The average monthly electric bill for Woonsocket homeowners is approximately $189.
With solar panels, Woonsocket homeowners can reduce their electricity costs by approximately 80%, saving around $151 per month or $36,000 over 25 years. The 30% federal tax credit further reduces the upfront cost of going solar.
The major electric utilities serving the Woonsocket area include Rhode Island Energy, Block Island Power Company, Pascoag Utility District. Rates vary between providers, so your exact cost depends on your utility and usage level.
Yes, electricity rates in Woonsocket and across Rhode Island 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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