Electricity Rates in Mc daniels, KY

Residents of Mc daniels, KY benefit from relatively low electricity rates, averaging 14.0¢/kWh — 21.3% below the national average. The city is served by 2 electricity providers, with Meade County Rural E C C being the largest.

Avg. Residential Rate 14.0¢/kWh
vs. Kentucky Avg. +7.7%
vs. National Avg. -21.3%
Providers 2

Electricity Providers in Mc daniels

Utility Residential Rate Commercial Rate Type
Meade County Rural E C C 14.0¢/kWh 14.0¢/kWh Cooperative
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:

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

Solar Savings in Mc daniels

At 14.0¢/kWh, a typical Mc daniels 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 Mc daniels

Charging an electric vehicle at home in Mc daniels 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 Mc daniels, KY?

The average residential electricity rate in Mc daniels, 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 Mc daniels?

Mc daniels is served by 2 electricity providers. Meade County Rural E C C is the largest provider in the area, though rates and availability vary by specific address.

How do Mc daniels electricity rates compare to the rest of Kentucky?

Mc daniels'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.