Electricity Rates in Siler, KY
Residents of Siler, KY benefit from relatively low electricity rates, averaging 13.0¢/kWh — 26.9% below the national average. The city is served by 3 electricity providers, with City of Jellico being the largest.
Electricity Providers in Siler
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| City of Jellico | 13.0¢/kWh | 15.0¢/kWh | Municipal |
| Cumberland Valley Electric, Inc. | 13.0¢/kWh | 8.0¢/kWh | Cooperative |
| Tennessee Valley Authority | N/A | 8.0¢/kWh | Federal |
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 Siler
At 13.0¢/kWh, a typical Siler 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 Siler
Charging an electric vehicle at home in Siler 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 Siler, KY?
The average residential electricity rate in Siler, 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 Siler?
Siler is served by 3 electricity providers. City of Jellico is the largest provider in the area, though rates and availability vary by specific address.
How do Siler electricity rates compare to the rest of Kentucky?
Siler's average rate of 13.0¢/kWh is close to the Kentucky state average of 13.0¢/kWh. Rates are typical for the region.