Electricity Rates in Tram, KY
Residents of Tram, KY benefit from relatively low electricity rates, averaging 15.0¢/kWh — 15.6% below the national average. Kentucky Power Co serves the area.
Electricity Providers in Tram
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Kentucky Power Co | 15.0¢/kWh | 13.0¢/kWh | Investor Owned |
Estimated Monthly Electric Bill
Based on the average residential rate of 15.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Tram
At 15.0¢/kWh, a typical Tram household spends approximately $1594.80/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 Tram
Charging an electric vehicle at home in Tram costs approximately $135.00/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 Tram, KY?
The average residential electricity rate in Tram, KY is 15.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $132.90 for a typical household.
Who provides electricity in Tram?
Tram is served by 1 electricity provider. Kentucky Power Co is the largest provider in the area.
How do Tram electricity rates compare to the rest of Kentucky?
Tram's average rate of 15.0¢/kWh is 15.4% above the Kentucky state average of 13.0¢/kWh. Residents may benefit from exploring solar energy to offset higher electricity costs.