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Pricing Details

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AVG PRICE / KWH
500 kWh
1,000 kWh
2,000 kWh

Early cancellation fee

Plan Features
Product

Pricing Details

USAGE
AVG PRICE / KWH
500 kWh
1,000 kWh
2,000 kWh

Early cancellation fee

*Average Price per kWh assumes noted usage per month and specific LP&L Delivery Charges (i.e., Residential Service or Residential Distributed Renewable Generation Service). For additional information regarding plan pricing and other terms, please see the Electricity Facts Label, on the Plan Details page. Price shown is for new customers only.
Electricity plans for college students
Electricity plans for college students
Electricity plans for college students

Electricity plans for college students

Electricity plans for college students
Electricity plans for college students

Electricity plans for college students

Adulting is hard, we get it, and moving away for college can feel overwhelming.

There is so much to think about, especially if you are a first-time apartment renter. But don’t worry, we’ve got the tips and tools to help you power through the struggle of moving for college.

Find the right plan for you ›

Finding Off-Campus Housing

So, the dorms were full, or maybe you don’t dorm well with others, and you have to find off-campus housing. Here are a few things to think about if you’re a first-time apartment renter.

What’s your first apartment budget?

Before you get started, it’s important to know your budget. Budgeting ensures you won’t have to worry about making rent, or breaking a lease w,hich could be very costly and makes it hard for you to rent in the future. No matter where the funds are coming from —mom and dad, a part-time job, or even a scholarship or award — staying within your budget might be the most important thing you learn during your college years.

How much does a college apartment cost?

The cost of a college apartment varies depending on the cost of living in the city you are looking in, how much space you need, and location. Check out this First Apartment Budget Calculatori article to get an idea of what your budget is before looking at rentals.

How do I figure out my budget?

If you don’t know your budget, now is the perfect time to create one. If this is your first time living on your own, you’ll need to factor in costs that your parents might have covered when you lived at home such as groceries, gas, utilities, insurance, internet, etc. Write down your best estimate for what you’ll spend on each category. You may need to adjust your numbers a few times. Check out this great article on first apartment budgeting by Lemonade: First Apartment Budgetingii

What do I need for my first apartment?

Check out this First Apartment Checklistiii by apartmentguide.com. This article gives a great overview of all the essentials needed for your first apartment.

How much is a typical electricity bill for a college apartment?

Depending on how big the property you are renting is, the cost of electricity in your location, plus the number of roommates you share with and the combined overall usage, electricity bills can vary in cost. Check with your landlord and ask for more information about the property and previous electric bill cost/usage so you can use our Monthly Bill Estimator Tool.

What should I include in my budget?

Be as detailed as possible. Include items such as textbooks, tuition, student loans, school supplies, transportation, rent, groceries, even entertainment (yes, that means Netflix and Amazon Prime). When calculating your income, make sure to include anything on top of your part-time job that may bring money in, including awards, allowance from parents, and so forth.

First apartment tips

 

1. Bring what you can from home

When considering all the things you need for your first apartment, it can be tempting to buy all-new items. But a “new year, new me” attitude might not fit within your budget. Bring whatever you can from home, and don’t forget to ask friends and family members for things on your list that you might not already have. Chances are someone has a microwave, or extra kitchenware laying around with your name on it.

2. Keep your lease terms in mind

Your packing list should coincide with your lease terms and length. Make sure the items you bring are allowed and you don’t overpack for a short lease term. Will you be living in off-campus housing an entire school year or more? Or, will you be making frequent visits home and living there between semesters? If you are living there just for the academic year, you can pack a bit lighter, which will make moving back home easier on you(and your parents).

3. Plan around your space

As you are packing and buying things for your new apartment, keep the amount of space you have in mind. If you have a studio apartment, you will have limited space. If you have a larger house with roommates, remember some of your items will be in shared common spaces. Packing for your space will help you avoid bringing unnecessary items that will end up making your first apartment feel cluttered. Less is more, so maybe leave the king-sized bed behind.

*Quick tip for living with roommates: Ask your roomies what they are bringing to avoid having too many couches or microwaves.

4. Keep the kitchen stocked

Cooking and grocery shopping can be a tough task for a lot of college students. After living at home, it’s not easy to say goodbye to a fully stocked pantry and fridge, and having your meals cooked for you. Make a weekly shopping list, and plan a grocery day with roommates so you aren’t left with an empty kitchen during finals. This First Apartment Checklistiii covers the essentials, such as salt, pepper, and other basic cooking supplies.

*Quick tip for saving time and money: Meal prepping provides you with ready-to-eat food that you can grab and eat before class, and it reduces the amount of food you waste.

5. Keep track of all the bills

Between rent, water, internet, Netflix and any other utilities not included in the cost of rent, living in an off-campus apartment means many separate bills. Don’t wait until your water gets shut off to remember to pay your bills. Know your due dates. Set reminders on your phone or make a shared calendar with roommates. And if you are forgetful, most companies have an auto-pay option that charges you automatically.