Electricity Rates in Parksville, KY
Residents of Parksville, 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 Inter County Energy Coop Corp - (KY) being the largest.
Electricity Providers in Parksville
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Inter County Energy Coop Corp - (KY) | 14.0¢/kWh | 12.0¢/kWh | Cooperative |
| Kentucky Utilities Co | 12.0¢/kWh | 12.0¢/kWh | Investor Owned |
Estimated Monthly Electric Bill
Based on the average residential rate of 13.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Parksville
At 13.0¢/kWh, a typical Parksville 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 Parksville
Charging an electric vehicle at home in Parksville 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 Parksville, KY?
The average residential electricity rate in Parksville, 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 Parksville?
Parksville is served by 2 electricity providers. Inter County Energy Coop Corp - (KY) is the largest provider in the area, though rates and availability vary by specific address.
How do Parksville electricity rates compare to the rest of Kentucky?
Parksville's average rate of 13.0¢/kWh is close to the Kentucky state average of 13.0¢/kWh. Rates are typical for the region.