Electricity Rates in Cumberland, KY
Residents of Cumberland, KY benefit from relatively low electricity rates, averaging 12.0¢/kWh — 32.5% below the national average. The city is served by 3 electricity providers, with Cumberland Valley Electric, Inc. being the largest.
Electricity Providers in Cumberland
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Cumberland Valley Electric, Inc. | 13.0¢/kWh | 8.0¢/kWh | Cooperative |
| 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:
Solar Savings in Cumberland
At 12.0¢/kWh, a typical Cumberland household spends approximately $1275.84/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 Cumberland
Charging an electric vehicle at home in Cumberland 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.
Nearby Cities in Kentucky
Frequently Asked Questions
What is the average electricity rate in Cumberland, KY?
The average residential electricity rate in Cumberland, 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 Cumberland?
Cumberland is served by 3 electricity providers. Cumberland Valley Electric, Inc. is the largest provider in the area, though rates and availability vary by specific address.
How do Cumberland electricity rates compare to the rest of Kentucky?
Cumberland'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.