Electricity Rates in Lebanon, KY
Residents of Lebanon, KY benefit from relatively low electricity rates, averaging 12.0¢/kWh — 32.5% below the national average. The city is served by 4 electricity providers, with Inter County Energy Coop Corp - (KY) being the largest.
Electricity Providers in Lebanon
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Inter County Energy Coop Corp - (KY) | 14.0¢/kWh | 12.0¢/kWh | Cooperative |
| Kentucky Utilities Co | 12.0¢/kWh | 12.0¢/kWh | Investor Owned |
| Salt River Electric Coop Corp | 11.0¢/kWh | 10.0¢/kWh | Cooperative |
| Taylor County Rural E C C | 13.0¢/kWh | 11.0¢/kWh | Cooperative |
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 Lebanon
At 12.0¢/kWh, a typical Lebanon 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 Lebanon
Charging an electric vehicle at home in Lebanon 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 Lebanon, KY?
The average residential electricity rate in Lebanon, 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 Lebanon?
Lebanon is served by 4 electricity providers. Inter County Energy Coop Corp - (KY) is the largest provider in the area, though rates and availability vary by specific address.
How do Lebanon electricity rates compare to the rest of Kentucky?
Lebanon'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.