Electricity Rates in Valley, AL
The average residential electricity rate in Valley, AL is 16.0¢/kWh based on 2024 EIA data. The city is served by 3 utility providers. This is 6.7% above the Alabama state average.
Electricity Providers in Valley
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Alabama Power Co | 17.0¢/kWh | 15.0¢/kWh | Investor Owned |
| Diverse Power Incorporated | 17.0¢/kWh | 22.0¢/kWh | Cooperative |
| Tallapoosa River Elec Coop Inc | 14.0¢/kWh | 13.0¢/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 Valley
At 16.0¢/kWh, a typical Valley 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 Valley
Charging an electric vehicle at home in Valley 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 Valley, AL?
The average residential electricity rate in Valley, 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 Valley?
Valley 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 Valley electricity rates compare to the rest of Alabama?
Valley'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.