Electricity Rates in Chestnut mound, TN
Residents of Chestnut mound, TN benefit from relatively low electricity rates, averaging 13.0¢/kWh — 26.9% below the national average. The city is served by 2 electricity providers, with Tennessee Valley Authority being the largest.
Electricity Providers in Chestnut mound
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Tennessee Valley Authority | N/A | 7.0¢/kWh | Federal |
| Upper Cumberland E M C | 13.0¢/kWh | 14.0¢/kWh | Cooperative |
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 Chestnut mound
At 13.0¢/kWh, a typical Chestnut mound 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 Chestnut mound
Charging an electric vehicle at home in Chestnut mound 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 Tennessee
Frequently Asked Questions
What is the average electricity rate in Chestnut mound, TN?
The average residential electricity rate in Chestnut mound, TN 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 Chestnut mound?
Chestnut mound is served by 2 electricity providers. Tennessee Valley Authority is the largest provider in the area, though rates and availability vary by specific address.
How do Chestnut mound electricity rates compare to the rest of Tennessee?
Chestnut mound's average rate of 13.0¢/kWh is close to the Tennessee state average of 13.0¢/kWh. Rates are typical for the region.