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The rate around here is now down to $0.22/kWh. We were occasionally getting electricity bills around $400/month at worst, but we haven't had an electrical bill since April of this year with our solar panels on the roof now.
I see why you would want solar panels! That's a pretty high rate.
The rate isn't too bad actually, but when your household is a larger consumer anyway and you're charging 2 EVs consumption gets up there. We have also switched to an induction stove, heat pump water heater, added a heat pump dryer, and just recently had our gas furnace ripped out and a cold climate heat pump put in for the HVAC.
With all of that the electricity usage the bill goes up, but we can wipe it out with solar and now we don't have natural gas bills or gasoline costs for transportation. The up front costs can be high with this approach, but the monthly bills are nearly non-existent.