On average, electricity users in Lycoming County, PA spend about $161 per month on electricity. That adds up to $1,932 per year.
That’s 1% higher than the national average electric bill of $1,919. The average electricity rates in Lycoming County, PA cost 14 ¢/kilowatt-hour (kWh), so that means that the average electricity customer in Lycoming County, PA is using 1,153 kWh of electricity per month, and 13,836 kWh over the course of the year.
Solar saves you money by reducing or eliminating your monthly electricity bill. The amount that you can save with solar in Lycoming County, PA is based on two factors: how much you spend on electricity now and how much of your electricity bill you can offset with solar.
Based on the intensity and amount of sunlight hours in Lycoming County, PA, the average electricity customer in Lycoming County, PA will need a 11.1 kilowatt (kW) solar panel system to offset 100% of their annual electricity consumption of 13,836 kWh per year. On the EnergySage Marketplace, solar shoppers in Lycoming County, PA pay an average of $36,000 for a 11.1 kW solar panel system prior to incentives.
The savings from offsetting 100% of an electricity bill with solar can add up fast! Assuming an 2.0% annual increase in electricity prices, someone in Lycoming County, PA can expect to save $1,900 in their first year, $10,100 over five years, $21,200 over 10 years, and $47,000 over 20 years on electricity bills.
Monthly electricity bills are a product of how much electricity you use per month and the rate you pay for electricity. In Lycoming County, PA, the average monthly electricity bill for residential consumers is $161/month, which is calculated by multiplying the average monthly consumption by the average rate for electricity: 1,153 kWh * 14 ¢/kWh.
The average residential electricity rate in Lycoming County, PA is 14 ¢/kWh, which is 4% lower than the average electricity rate in Pennsylvania of 14.55 ¢/kWh. The average residential electricity rate in Lycoming County, PA is 9% lower than the national average rate of 15 ¢/kWh.
Solar panel systems help you save money by reducing your monthly electricity bills. Although a $50 or $100 electricity bill might not seem like much when you pay it each month, those bills add up quickly over ten, twenty or even thirty years: if you pay $100 per month in electricity now, you’ll pay over $49,000 on electricity over the next thirty years!
|EXISTING BILL||10 YEAR COST||20 YEAR COST||30 YEAR COST|
Assuming a 2.0% annual increase based on inflation and average annual rate increases.