Electricity Rates in Lowes, KY
The average residential electricity rate in Lowes, KY is 16.0¢/kWh based on 2024 EIA data. The city is served by 2 utility providers. This is 23.1% above the Kentucky state average.
Electricity Providers in Lowes
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Jackson Purchase Energy Corporation | 16.0¢/kWh | 8.0¢/kWh | Cooperative |
| Tennessee Valley Authority | N/A | 8.0¢/kWh | Federal |
Estimated Monthly Electric Bill
Based on the average residential rate of 16.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Lowes
At 16.0¢/kWh, a typical Lowes household spends approximately $1701.12/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 Lowes
Charging an electric vehicle at home in Lowes costs approximately $144.00/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 Lowes, KY?
The average residential electricity rate in Lowes, KY is 16.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $141.76 for a typical household.
Who provides electricity in Lowes?
Lowes is served by 2 electricity providers. Jackson Purchase Energy Corporation is the largest provider in the area, though rates and availability vary by specific address.
How do Lowes electricity rates compare to the rest of Kentucky?
Lowes's average rate of 16.0¢/kWh is 23.1% above the Kentucky state average of 13.0¢/kWh. Residents may benefit from exploring solar energy to offset higher electricity costs.