Electricity Rates in Mount hope, AL
Residents of Mount hope, AL benefit from relatively low electricity rates, averaging 14.0¢/kWh — 21.3% below the national average. The city is served by 3 electricity providers, with Franklin Electric Coop - (AL) being the largest.
Electricity Providers in Mount hope
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Franklin Electric Coop - (AL) | 14.0¢/kWh | 10.0¢/kWh | Cooperative |
| Joe Wheeler Elec Member Corp | 14.0¢/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 14.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Mount hope
At 14.0¢/kWh, a typical Mount hope 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 Mount hope
Charging an electric vehicle at home in Mount hope 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 Mount hope, AL?
The average residential electricity rate in Mount hope, 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 Mount hope?
Mount hope is served by 3 electricity providers. Franklin Electric Coop - (AL) is the largest provider in the area, though rates and availability vary by specific address.
How do Mount hope electricity rates compare to the rest of Alabama?
Mount hope'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.