Electricity Rates in Waverly, KY
Residents of Waverly, KY benefit from relatively low electricity rates, averaging 14.0¢/kWh — 21.3% below the national average. The city is served by 2 electricity providers, with Kenergy Corp being the largest.
Electricity Providers in Waverly
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| 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 Waverly
At 14.0¢/kWh, a typical Waverly 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 Waverly
Charging an electric vehicle at home in Waverly 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 Waverly, KY?
The average residential electricity rate in Waverly, 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 Waverly?
Waverly is served by 2 electricity providers. Kenergy Corp is the largest provider in the area, though rates and availability vary by specific address.
How do Waverly electricity rates compare to the rest of Kentucky?
Waverly'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.