Electricity Rates in Essie, KY
Residents of Essie, KY 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 Cumberland Valley Electric, Inc. being the largest.
Electricity Providers in Essie
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Cumberland Valley Electric, Inc. | 13.0¢/kWh | 8.0¢/kWh | Cooperative |
| Jackson Energy Coop Corp - (KY) | 14.0¢/kWh | 12.0¢/kWh | Cooperative |
| Kentucky Power Co | 15.0¢/kWh | 13.0¢/kWh | Investor Owned |
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 Essie
At 14.0¢/kWh, a typical Essie 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 Essie
Charging an electric vehicle at home in Essie 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 Kentucky
Frequently Asked Questions
What is the average electricity rate in Essie, KY?
The average residential electricity rate in Essie, KY 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 Essie?
Essie 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 Essie electricity rates compare to the rest of Kentucky?
Essie's average rate of 14.0¢/kWh is 7.7% above the Kentucky state average of 13.0¢/kWh. Residents may benefit from exploring solar energy to offset higher electricity costs.