Electricity Rates in Mayfield, KY

Residents of Mayfield, KY benefit from relatively low electricity rates, averaging 14.0¢/kWh — 21.3% below the national average. The city is served by 4 electricity providers, with City of Mayfield Plant Board being the largest.

Avg. Residential Rate 14.0¢/kWh
vs. Kentucky Avg. +7.7%
vs. National Avg. -21.3%
Providers 4

Electricity Providers in Mayfield

Utility Residential Rate Commercial Rate Type
City of Mayfield Plant Board 13.0¢/kWh 12.0¢/kWh Municipal
Jackson Purchase Energy Corporation 16.0¢/kWh 8.0¢/kWh Cooperative
Tennessee Valley Authority N/A 8.0¢/kWh Federal
West Kentucky Rural E C C 13.0¢/kWh 14.0¢/kWh Cooperative

Estimated Monthly Electric Bill

Based on the average residential rate of 14.0¢/kWh and typical US household usage of 886 kWh/month:

Mayfield monthly bill $124.04
Mayfield annual cost $1488.48
Kentucky avg. monthly $115.18
National avg. monthly $157.53

Solar Savings in Mayfield

At 14.0¢/kWh, a typical Mayfield household spends approximately $1488.48/year on electricity. Solar panels could reduce this by 50–90%.

$1116/yr estimated solar savings

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

EV Charging Costs in Mayfield

Charging an electric vehicle at home in Mayfield 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.

Frequently Asked Questions

What is the average electricity rate in Mayfield, KY?

The average residential electricity rate in Mayfield, 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 Mayfield?

Mayfield is served by 4 electricity providers. City of Mayfield Plant Board is the largest provider in the area, though rates and availability vary by specific address.

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

Mayfield'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.