Electricity Rates in Saint matthews, KY

Residents of Saint matthews, KY benefit from relatively low electricity rates, averaging 12.0¢/kWh — 32.5% below the national average. Louisville Gas & Electric Co serves the area.

Avg. Residential Rate 12.0¢/kWh
vs. Kentucky Avg. -7.7%
vs. National Avg. -32.5%
Providers 1

Electricity Providers in Saint matthews

Utility Residential Rate Commercial Rate Type
Louisville Gas & Electric Co 12.0¢/kWh 11.0¢/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:

Saint matthews monthly bill $106.32
Saint matthews annual cost $1275.84
Kentucky avg. monthly $115.18
National avg. monthly $157.53

Solar Savings in Saint matthews

At 12.0¢/kWh, a typical Saint matthews household spends approximately $1275.84/year on electricity. Solar panels could reduce this by 50–90%.

$957/yr estimated solar savings

The federal solar tax credit covers 30% of installation costs through 2032.

EV Charging Costs in Saint matthews

Charging an electric vehicle at home in Saint matthews 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.

Frequently Asked Questions

What is the average electricity rate in Saint matthews, KY?

The average residential electricity rate in Saint matthews, 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 Saint matthews?

Saint matthews is served by 1 electricity provider. Louisville Gas & Electric Co is the largest provider in the area.

How do Saint matthews electricity rates compare to the rest of Kentucky?

Saint matthews'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.