Electricity Rates in Chevrolet, KY

Residents of Chevrolet, KY benefit from relatively low electricity rates, averaging 12.0¢/kWh — 32.5% below the national average. The city is served by 2 electricity providers, with Kentucky Utilities Co being the largest.

Avg. Residential Rate 12.0¢/kWh
vs. Kentucky Avg. -7.7%
vs. National Avg. -32.5%
Providers 2

Electricity Providers in Chevrolet

Utility Residential Rate Commercial Rate Type
Kentucky Utilities Co 12.0¢/kWh 12.0¢/kWh Investor Owned
Tennessee Valley Authority N/A 8.0¢/kWh Federal

Estimated Monthly Electric Bill

Based on the average residential rate of 12.0¢/kWh and typical US household usage of 886 kWh/month:

Chevrolet monthly bill $106.32
Chevrolet annual cost $1275.84
Kentucky avg. monthly $115.18
National avg. monthly $157.53

Solar Savings in Chevrolet

At 12.0¢/kWh, a typical Chevrolet household spends approximately $1275.84/year on electricity. Solar panels could reduce this by 50–90%.

$957/yr estimated solar savings

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

EV Charging Costs in Chevrolet

Charging an electric vehicle at home in Chevrolet costs approximately $108.00/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 Chevrolet, KY?

The average residential electricity rate in Chevrolet, KY is 12.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $106.32 for a typical household.

Who provides electricity in Chevrolet?

Chevrolet is served by 2 electricity providers. Kentucky Utilities Co is the largest provider in the area, though rates and availability vary by specific address.

How do Chevrolet electricity rates compare to the rest of Kentucky?

Chevrolet's average rate of 12.0¢/kWh is 7.7% below the Kentucky state average of 13.0¢/kWh. Residents enjoy some of the lower rates in the state.