Electricity Rates in Franklin, KY
Residents of Franklin, KY benefit from relatively low electricity rates, averaging 13.0¢/kWh — 26.9% below the national average. The city is served by 5 electricity providers, with City of Franklin - (KY) being the largest.
Electricity Providers in Franklin
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| City of Franklin - (KY) | 13.0¢/kWh | 12.0¢/kWh | Municipal |
| Pennyrile Rural Electric Coop | 13.0¢/kWh | 13.0¢/kWh | Cooperative |
| Tennessee Valley Authority | N/A | 8.0¢/kWh | Federal |
| Tri-County Elec Member Corp (TN) | 13.0¢/kWh | 10.0¢/kWh | Cooperative |
| Warren Rural Elec Coop Corp | 12.0¢/kWh | 13.0¢/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:
Solar Savings in Franklin
At 13.0¢/kWh, a typical Franklin household spends approximately $1382.16/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 Franklin
Charging an electric vehicle at home in Franklin 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.
Nearby Cities in Kentucky
Frequently Asked Questions
What is the average electricity rate in Franklin, KY?
The average residential electricity rate in Franklin, KY 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 Franklin?
Franklin is served by 5 electricity providers. City of Franklin - (KY) is the largest provider in the area, though rates and availability vary by specific address.
How do Franklin electricity rates compare to the rest of Kentucky?
Franklin's average rate of 13.0¢/kWh is close to the Kentucky state average of 13.0¢/kWh. Rates are typical for the region.