Electricity Rates in Luverne, AL
The average residential electricity rate in Luverne, AL is 16.0¢/kWh based on 2024 EIA data. The city is served by 2 utility providers. This is 6.7% above the Alabama state average.
Electricity Providers in Luverne
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Covington Electric Coop, Inc | 17.0¢/kWh | 14.0¢/kWh | Cooperative |
| South Alabama Elec Coop, Inc | 15.0¢/kWh | 14.0¢/kWh | Cooperative |
Estimated Monthly Electric Bill
Based on the average residential rate of 16.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Luverne
At 16.0¢/kWh, a typical Luverne household spends approximately $1701.12/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 Luverne
Charging an electric vehicle at home in Luverne costs approximately $144.00/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 Luverne, AL?
The average residential electricity rate in Luverne, AL is 16.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $141.76 for a typical household.
Who provides electricity in Luverne?
Luverne is served by 2 electricity providers. Covington Electric Coop, Inc is the largest provider in the area, though rates and availability vary by specific address.
How do Luverne electricity rates compare to the rest of Alabama?
Luverne's average rate of 16.0¢/kWh is 6.7% above the Alabama state average of 15.0¢/kWh. Residents may benefit from exploring solar energy to offset higher electricity costs.