Electricity Rates in Collinwood, TN
Residents of Collinwood, TN benefit from relatively low electricity rates, averaging 12.0¢/kWh — 32.5% below the national average. The city is served by 2 electricity providers, with Tennessee Valley Authority being the largest.
Electricity Providers in Collinwood
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Tennessee Valley Authority | N/A | 7.0¢/kWh | Federal |
| Tennessee Valley Electric Coop | 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 Collinwood
At 12.0¢/kWh, a typical Collinwood 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 Collinwood
Charging an electric vehicle at home in Collinwood 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 Tennessee
Frequently Asked Questions
What is the average electricity rate in Collinwood, TN?
The average residential electricity rate in Collinwood, TN 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 Collinwood?
Collinwood 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 Collinwood electricity rates compare to the rest of Tennessee?
Collinwood's average rate of 12.0¢/kWh is 7.7% below the Tennessee state average of 13.0¢/kWh. Residents enjoy some of the lower rates in the state.