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The average electricity rate for City of Corona customers is 15.25 cents/kWh. City of Corona has several different electricity rates for residential customers, as shown in the table below.
Rate Name | Rate Type | Cost Per kWh |
Domestic Service - Multi-Family | Fixed | 12¢ to 32¢ |
Domestic Service Single-Family | Fixed | 12¢ to 32¢ |
NEM 2.0 Credited to customer's next bill at retail rate. After 12-month cycle, customer may opt to roll over credit indefinitely or to receive payment for credit at a rate equal to the 12-month average spot market price for the hours of 7 am to 5 pm for the year in which the surplus power was generated. (If customer makes no affirmative decision, credit is granted to utility with no compensation for customer.)