Electricity Rates in Wax, KY
Residents of Wax, KY benefit from relatively low electricity rates, averaging 12.0¢/kWh — 32.5% below the national average. The city is served by 5 electricity providers, with Farmers Rural Electric Coop Corp - (KY) being the largest.
Electricity Providers in Wax
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Farmers Rural Electric Coop Corp - (KY) | 13.0¢/kWh | 13.0¢/kWh | Cooperative |
| Kentucky Utilities Co | 12.0¢/kWh | 12.0¢/kWh | Investor Owned |
| Nolin Rural Electric Coop Corp | 13.0¢/kWh | 12.0¢/kWh | Cooperative |
| Tennessee Valley Authority | N/A | 8.0¢/kWh | Federal |
| Warren Rural Elec Coop Corp | 12.0¢/kWh | 13.0¢/kWh | Cooperative |
Estimated Monthly Electric Bill
Based on the average residential rate of 12.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Wax
At 12.0¢/kWh, a typical Wax household spends approximately $1275.84/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 Wax
Charging an electric vehicle at home in Wax 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.
Nearby Cities in Kentucky
Frequently Asked Questions
What is the average electricity rate in Wax, KY?
The average residential electricity rate in Wax, 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 Wax?
Wax is served by 5 electricity providers. Farmers Rural Electric Coop Corp - (KY) is the largest provider in the area, though rates and availability vary by specific address.
How do Wax electricity rates compare to the rest of Kentucky?
Wax'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.