Lakewood Electricity Rates

Ohio · 50,384 residents

14.87¢/kWh
Average residential rate
3.3% vs Ohio avg

Lakewood Electricity at a Glance

14.87¢
Avg residential rate
1
ZIP codes
2
Utility providers
50,384
Population

Lakewood Electricity Rate Analysis

Lakewood residential electricity rates average 14.87¢ per kWh — that's lower than the Ohio state average of 15.38¢/kWh by 3.3%. Rates are aggregated from 1 Lakewood ZIP codes and 2 utility providers serving the city.

The primary electricity providers in Lakewood are City of Cleveland - (OH), Cleveland Electric Illum Co.

Lakewood ZIP Codes & Electricity Rates

ZIP CodePopulationResidential Rate
4410750,38414.87¢/kWh

Lakewood Electric Utility Providers

  • City of Cleveland - (OH)
    Investor-Owned Utility · serves 1 ZIP in Lakewood
    14.87¢
    avg rate
  • Cleveland Electric Illum Co
    Investor-Owned Utility · serves 1 ZIP in Lakewood
    16.76¢
    avg rate

Lakewood Electricity Rate FAQ

What is the average electricity rate in Lakewood?

Lakewood residential electricity rates average 14.87¢ per kWh, based on data aggregated across 1 ZIP codes.

Who provides electricity in Lakewood?

Lakewood is served by 2 electric utility providers, including City of Cleveland - (OH), Cleveland Electric Illum Co.

How does Lakewood compare to the Ohio state average?

Lakewood electricity rates are 3.3% lower than the Ohio state average of 15.38¢/kWh.