Electricity Rates in Midway, KY
Residents of Midway, 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 City of Frankfort - (KY) being the largest.
Electricity Providers in Midway
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| City of Frankfort - (KY) | 11.0¢/kWh | 10.0¢/kWh | Municipal |
| Kentucky Utilities Co | 12.0¢/kWh | 12.0¢/kWh | Investor Owned |
Estimated Monthly Electric Bill
Based on the average residential rate of 12.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Midway
At 12.0¢/kWh, a typical Midway household spends approximately $1275.84/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 Midway
Charging an electric vehicle at home in Midway 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.
Nearby Cities in Kentucky
Frequently Asked Questions
What is the average electricity rate in Midway, KY?
The average residential electricity rate in Midway, 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 Midway?
Midway is served by 2 electricity providers. City of Frankfort - (KY) is the largest provider in the area, though rates and availability vary by specific address.
How do Midway electricity rates compare to the rest of Kentucky?
Midway'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.