Electricity Rates in Mc henry, KY

Residents of Mc henry, KY benefit from relatively low electricity rates, averaging 12.0¢/kWh — 32.5% below the national average. The city is served by 2 electricity providers, with Kentucky Utilities Co being the largest.

Avg. Residential Rate 12.0¢/kWh
vs. Kentucky Avg. -7.7%
vs. National Avg. -32.5%
Providers 2

Electricity Providers in Mc henry

Utility Residential Rate Commercial Rate Type
Kentucky Utilities Co 12.0¢/kWh 12.0¢/kWh Investor Owned
Tennessee Valley Authority N/A 8.0¢/kWh Federal

Estimated Monthly Electric Bill

Based on the average residential rate of 12.0¢/kWh and typical US household usage of 886 kWh/month:

Mc henry monthly bill $106.32
Mc henry annual cost $1275.84
Kentucky avg. monthly $115.18
National avg. monthly $157.53

Solar Savings in Mc henry

At 12.0¢/kWh, a typical Mc henry household spends approximately $1275.84/year on electricity. Solar panels could reduce this by 50–90%.

$957/yr estimated solar savings

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

EV Charging Costs in Mc henry

Charging an electric vehicle at home in Mc henry 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.

Frequently Asked Questions

What is the average electricity rate in Mc henry, KY?

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

Mc henry is served by 2 electricity providers. Kentucky Utilities Co is the largest provider in the area, though rates and availability vary by specific address.

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

Mc henry'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.