Licking Rural Electric Inc Rates: Average Bill & Price per kWh
Residential rates for Licking Rural Electric Inc and how they compare to the Ohio average — 2024 EIA-861 annual data.
Residential customers of Licking Rural Electric Inc average $177.74/month at 16.88¢/kWh — above the Ohio average of $166.81.
Where Licking Rural Electric Inc rates are heading
Annual residential figures from Form EIA-861, 2019–2024.
| Year | Rate | Avg bill | Res. customers |
|---|---|---|---|
| 2019 | 13.9¢/kWh | $151.17/mo | 24,264 |
| 2020 | 14.24¢/kWh | $154.58/mo | 24,628 |
| 2021 | 15.14¢/kWh | $163.96/mo | 25,091 |
| 2022 | 15.8¢/kWh | $168.63/mo | 25,376 |
| 2023 | 15.97¢/kWh | $163.69/mo | 25,619 |
| 2024 | 16.88¢/kWh | $177.74/mo | 25,820 |
Rate context in Ohio
Statewide residential price trend (12 months) — context for Licking Rural Electric Inc's 2024 annual figure.
Licking Rural Electric Inc vs its state
Annual utility averages next to the latest statewide monthly figure — different windows, both labeled.
| Measure | Licking Rural Electric Inc | Ohio (latest month) |
|---|---|---|
| Avg bill | $177.74/mo | $166.81/mo |
| Rate | 16.88¢/kWh | 19.19¢/kWh |
Common questions
How much is the average electric bill with Licking Rural Electric Inc?
Licking Rural Electric Inc residential customers averaged $177.74 per month in 2024 (EIA-861 annual data) — about $2,132.92 per year.
What does Licking Rural Electric Inc charge per kWh?
Licking Rural Electric Inc averaged 16.88¢ per kWh for residential service in 2024 (annual revenue divided by sales, EIA-861). Actual rates depend on your plan and season.
How does Licking Rural Electric Inc compare to the Ohio average?
Licking Rural Electric Inc bills average $177.74 — higher than the Ohio average of $166.81 (latest EIA month).
How many customers does Licking Rural Electric Inc serve?
Licking Rural Electric Inc served 25,820 residential customers in 2024, per EIA-861 — one of the largest utilities we track in OH.
Data: Form EIA-861, 2024 annual residential figures for Licking Rural Electric Inc. Bill = residential revenue ÷ customers ÷ 12; rate = revenue ÷ sales. State context uses the latest EIA monthly data. See methodology.