Electricity Rates in Hanceville, AL
Residents of Hanceville, AL benefit from relatively low electricity rates, averaging 14.0¢/kWh — 21.3% below the national average. The city is served by 4 electricity providers, with Alabama Power Co being the largest.
Electricity Providers in Hanceville
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Alabama Power Co | 17.0¢/kWh | 15.0¢/kWh | Investor Owned |
| Cullman Electric Coop, Inc | 13.0¢/kWh | 14.0¢/kWh | Cooperative |
| Cullman Power Board | 13.0¢/kWh | 12.0¢/kWh | Municipal |
| Tennessee Valley Authority | N/A | 7.0¢/kWh | Federal |
Estimated Monthly Electric Bill
Based on the average residential rate of 14.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Hanceville
At 14.0¢/kWh, a typical Hanceville household spends approximately $1488.48/year on electricity. Solar panels could reduce this by 50–90%.
The federal solar tax credit covers 30% of installation costs through 2032.
EV Charging Costs in Hanceville
Charging an electric vehicle at home in Hanceville costs approximately $126.00/month at current rates, based on average driving habits (about 30 kWh per charge, charged daily). Compare to public charging prices at ChargeBuddy.ai.
Nearby Cities in Alabama
Frequently Asked Questions
What is the average electricity rate in Hanceville, AL?
The average residential electricity rate in Hanceville, AL is 14.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $124.04 for a typical household.
Who provides electricity in Hanceville?
Hanceville is served by 4 electricity providers. Alabama Power Co is the largest provider in the area, though rates and availability vary by specific address.
How do Hanceville electricity rates compare to the rest of Alabama?
Hanceville's average rate of 14.0¢/kWh is 6.7% below the Alabama state average of 15.0¢/kWh. Residents enjoy some of the lower rates in the state.