That's an unusually low electric rate for the US - way below the lowest state average which is Idaho at 12.4 cents. It's certainly possible that you are getting 7.5 cents including delivery, but I've had friends say that they're "getting 13 cents per kWh" here in Massachusetts, but that's just the supply rate and the delivery is another ~18 cents.
There are parts of states like Grant County Washington that have cheap hydro power, but it's very rare for power to be that cheap in the US. Even if this applies to you, it won't apply to the vast majority of people on here who will have electric rates 2-4x higher.
Average electric rates by region:
New England 28.1 cents
Mid Atlantic 25.1 cents
East North Central 20.8 cents
West North Central 14.8 cents
South Atlantic 16.1 cents
East South Central 15.5 cents
Mountain 14.6 cents
Pacific Contiguous 26.1 cents
Pacific Noncontiguous 42.1 cents
https://www.eia.gov/electricity/monthly/epm_table_grapher.ph...> Pacific Contiguous 26.1 cents
This is a bit misleading, because it's combining the 50 cents/kWh from California with 15ish cents/kWh in Oregon and Washington. Seattle City Light, for example, charges 13.38 cents/kWh on flat rate pricing, and far less with time-of-use billing (8 cents/kWh on off-peak).
If you run off solar with battery backup, you can achieve lower than those rates! Look at Time of Use rates. The super off peak rates instantly become the max price point once you pair TOU with Solar + battery.
I pay a little less than that though I’m limited to 50 kW average load. Delivery is a fixed monthly fee, about $10 USD/month.
Fort Collins, CO is probably where that rate is. I don't know of anywhere cheaper for residential electric.
A lot of people quoting low rates are also just referring to their off-peak rate. This is pretty common in EV discussions. It's not exactly a fair argument there, either, because the flip side of having an off-peak rate is that the on-peak rate is usually quite a lot higher. So the true effective rate is a bit higher, somewhere in the middle depending on usage pattern.
Nashville Electric Service rates are 12.0 cents / kWh. Flat rate, no peak or off peak rates for residential.
I'm in Arkansas and get rates fairly similar as quoted.
From my last bill
> KWH USAGE 2590 - $183.37
There's a base customer cost of $18 on top of that, but yeah ~$0.077/kWh taxes included.
Not the parent, but here is one location that has rates in that range in the U.S.
They are most likely not based in the US, but converting to USD to make comparison easier.
I'm actually getting 11 cents in winter, 13 in summer, but my utility company is a co-op. Average for my state is I think 19 cents.
I think you can get down to around 8 if you are signed up for an interruptible load, or a dedicated off peak load, depending on the company, but yeah, standard rates aren't that low.