Electricity Rates in Olympia, KY
Residents of Olympia, KY benefit from relatively low electricity rates, averaging 13.0¢/kWh — 26.9% below the national average. The city is served by 2 electricity providers, with Clark Energy Coop Inc - (KY) being the largest.
Electricity Providers in Olympia
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Clark Energy Coop Inc - (KY) | 13.0¢/kWh | 13.0¢/kWh | Cooperative |
| Fleming-Mason Energy Coop Inc | 13.0¢/kWh | 11.0¢/kWh | Cooperative |
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 Olympia
At 13.0¢/kWh, a typical Olympia 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 Olympia
Charging an electric vehicle at home in Olympia 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 Olympia, KY?
The average residential electricity rate in Olympia, 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 Olympia?
Olympia is served by 2 electricity providers. Clark Energy Coop Inc - (KY) is the largest provider in the area, though rates and availability vary by specific address.
How do Olympia electricity rates compare to the rest of Kentucky?
Olympia's average rate of 13.0¢/kWh is close to the Kentucky state average of 13.0¢/kWh. Rates are typical for the region.