Electricity Rates in Lockport, KY

Residents of Lockport, KY benefit from relatively low electricity rates, averaging 13.0¢/kWh — 26.9% below the national average. The city is served by 3 electricity providers, with Kentucky Utilities Co being the largest.

Avg. Residential Rate 13.0¢/kWh
vs. Kentucky Avg. 0.0%
vs. National Avg. -26.9%
Providers 3

Electricity Providers in Lockport

Utility Residential Rate Commercial Rate Type
Kentucky Utilities Co 12.0¢/kWh 12.0¢/kWh Investor Owned
Owen Electric Coop Inc 13.0¢/kWh 11.0¢/kWh Cooperative
Shelby Energy Coop, Inc - (KY) 13.0¢/kWh 11.0¢/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:

Lockport monthly bill $115.18
Lockport annual cost $1382.16
Kentucky avg. monthly $115.18
National avg. monthly $157.53

Solar Savings in Lockport

At 13.0¢/kWh, a typical Lockport household spends approximately $1382.16/year on electricity. Solar panels could reduce this by 50–90%.

$1037/yr estimated solar savings

The federal solar tax credit covers 30% of installation costs through 2032.

EV Charging Costs in Lockport

Charging an electric vehicle at home in Lockport 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.

Frequently Asked Questions

What is the average electricity rate in Lockport, KY?

The average residential electricity rate in Lockport, 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 Lockport?

Lockport is served by 3 electricity providers. Kentucky Utilities Co is the largest provider in the area, though rates and availability vary by specific address.

How do Lockport electricity rates compare to the rest of Kentucky?

Lockport's average rate of 13.0¢/kWh is close to the Kentucky state average of 13.0¢/kWh. Rates are typical for the region.