Electricity Rates in Troy, AL

Residents of Troy, AL benefit from relatively low electricity rates, averaging 13.0¢/kWh — 26.9% below the national average. The city is served by 3 electricity providers, with City of Troy - (AL) being the largest.

Avg. Residential Rate 13.0¢/kWh
vs. Alabama Avg. -13.3%
vs. National Avg. -26.9%
Providers 3

Electricity Providers in Troy

Utility Residential Rate Commercial Rate Type
City of Troy - (AL) 10.0¢/kWh 9.0¢/kWh Municipal
Dixie Electric Coop - (AL) 15.0¢/kWh 15.0¢/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 13.0¢/kWh and typical US household usage of 886 kWh/month:

Troy monthly bill $115.18
Troy annual cost $1382.16
Alabama avg. monthly $132.90
National avg. monthly $157.53

Solar Savings in Troy

At 13.0¢/kWh, a typical Troy household spends approximately $1382.16/year on electricity. Solar panels could reduce this by 50–90%.

$1037/yr estimated solar savings

The federal solar tax credit covers 30% of installation costs through 2032.

EV Charging Costs in Troy

Charging an electric vehicle at home in Troy costs approximately $117.00/month at current rates, based on average driving habits (about 30 kWh per charge, charged daily). Compare to public charging prices at ChargeBuddy.ai.

Frequently Asked Questions

What is the average electricity rate in Troy, AL?

The average residential electricity rate in Troy, AL is 13.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $115.18 for a typical household.

Who provides electricity in Troy?

Troy is served by 3 electricity providers. City of Troy - (AL) is the largest provider in the area, though rates and availability vary by specific address.

How do Troy electricity rates compare to the rest of Alabama?

Troy's average rate of 13.0¢/kWh is 13.3% below the Alabama state average of 15.0¢/kWh. Residents enjoy some of the lower rates in the state.