Electricity Rates in Owensboro, KY
Residents of Owensboro, KY benefit from relatively low electricity rates, averaging 14.0¢/kWh — 21.3% below the national average. The city is served by 3 electricity providers, with City of Owensboro - (KY) being the largest.
Electricity Providers in Owensboro
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| City of Owensboro - (KY) | 13.0¢/kWh | 11.0¢/kWh | Municipal |
| Kenergy Corp | 15.0¢/kWh | 14.0¢/kWh | Cooperative |
| Kentucky Utilities Co | 12.0¢/kWh | 12.0¢/kWh | Investor Owned |
Estimated Monthly Electric Bill
Based on the average residential rate of 14.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Owensboro
At 14.0¢/kWh, a typical Owensboro household spends approximately $1488.48/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 Owensboro
Charging an electric vehicle at home in Owensboro 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.
Nearby Cities in Kentucky
Frequently Asked Questions
What is the average electricity rate in Owensboro, KY?
The average residential electricity rate in Owensboro, 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 Owensboro?
Owensboro is served by 3 electricity providers. City of Owensboro - (KY) is the largest provider in the area, though rates and availability vary by specific address.
How do Owensboro electricity rates compare to the rest of Kentucky?
Owensboro'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.