Electricity Rates in Gilly, KY
Residents of Gilly, 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 Gilly
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Cumberland Valley Electric, Inc. | 13.0¢/kWh | 8.0¢/kWh | Cooperative |
| Kentucky Power Co | 15.0¢/kWh | 13.0¢/kWh | Investor Owned |
| Tennessee Valley Authority | N/A | 8.0¢/kWh | Federal |
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 Gilly
At 14.0¢/kWh, a typical Gilly 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 Gilly
Charging an electric vehicle at home in Gilly 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 Gilly, KY?
The average residential electricity rate in Gilly, 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 Gilly?
Gilly 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 Gilly electricity rates compare to the rest of Kentucky?
Gilly'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.