Electricity Rates in Newport, KY
Residents of Newport, KY benefit from relatively low electricity rates, averaging 13.0¢/kWh — 26.9% below the national average. Duke Energy Kentucky serves the area.
Electricity Providers in Newport
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Duke Energy Kentucky | 13.0¢/kWh | 11.0¢/kWh | Investor Owned |
Estimated Monthly Electric Bill
Based on the average residential rate of 13.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Newport
At 13.0¢/kWh, a typical Newport household spends approximately $1382.16/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 Newport
Charging an electric vehicle at home in Newport costs approximately $117.00/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 Newport, KY?
The average residential electricity rate in Newport, KY is 13.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $115.18 for a typical household.
Who provides electricity in Newport?
Newport is served by 1 electricity provider. Duke Energy Kentucky is the largest provider in the area.
How do Newport electricity rates compare to the rest of Kentucky?
Newport's average rate of 13.0¢/kWh is close to the Kentucky state average of 13.0¢/kWh. Rates are typical for the region.