WattBuy’s Guide toElectricity in
Electricity in
Panama
Oklahoma
Oklahoma
Here's the average monthly bill, usage, and carbon footprint of residents in Panama
January
$194highestFebruary
$104March
$96April
$92lowestMay
$104June
$115July
$115August
$118September
$101October
$96November
$98December
$117Carbon Emissions
552 lbs CO₂
Monthly Usage
1,017 kWh
Panama's energy comes from Natural Gas, Wind, Coal, and Hydroelectric. Natural Gas is the largest source of electricity, providing 46% of Panama's energy. Wind is the second largest source, making up 39%. Coal provides 14% of the energy in Panama. Hydroelectric provides 1% of the energy in Panama.
46%
Natural Gas
39%
Wind
14%
Coal
1%
Hydroelectric
Solar power is on the rise, helping homeowners save on their electricity bills and power their homes sustainably.
0 kWh
Energy generated by average sized system
$13,345
Average system cost
(after federal incentive)
11 years
Payback period
Net metering policies in Panama can help solar panel owners save money and reduce their carbon footprint. When your solar panels generate more electricity than you use, you can send the excess back to the grid and receive credit on your next bill. Just something to keep in mind when considering solar panels.
Oklahoma Gas & Electric has several different electricity rates for residential customers, as shown in the table below.
| Rate Name | Rate Type | Cost Per kWh |
| RESIDENTIAL TIME-OF-USE | TOU | 6¢ to 25¢ |
| RESIDENTIAL SERVICE | Fixed | 6¢ to 12¢ |
| RESIDENTIAL ELECTRIC VEHICLE TIME-OF-USE | TOU | 6¢ to 25¢ |
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