Electricity Rates in Holly pond, AL
Residents of Holly pond, AL benefit from relatively low electricity rates, averaging 15.0¢/kWh — 15.6% below the national average. The city is served by 3 electricity providers, with Alabama Power Co being the largest.
Electricity Providers in Holly pond
| 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 |
| Tennessee Valley Authority | N/A | 7.0¢/kWh | Federal |
Estimated Monthly Electric Bill
Based on the average residential rate of 15.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Holly pond
At 15.0¢/kWh, a typical Holly pond household spends approximately $1594.80/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 Holly pond
Charging an electric vehicle at home in Holly pond costs approximately $135.00/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 Holly pond, AL?
The average residential electricity rate in Holly pond, AL is 15.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $132.90 for a typical household.
Who provides electricity in Holly pond?
Holly pond is served by 3 electricity providers. Alabama Power Co is the largest provider in the area, though rates and availability vary by specific address.
How do Holly pond electricity rates compare to the rest of Alabama?
Holly pond's average rate of 15.0¢/kWh is close to the Alabama state average of 15.0¢/kWh. Rates are typical for the region.