Electricity Rates in Elora, TN
Residents of Elora, TN benefit from relatively low electricity rates, averaging 12.0¢/kWh — 32.5% below the national average. The city is served by 3 electricity providers, with City of Fayetteville being the largest.
Electricity Providers in Elora
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| City of Fayetteville | 12.0¢/kWh | 13.0¢/kWh | Municipal |
| Duck River Elec Member Corp | 12.0¢/kWh | 13.0¢/kWh | Cooperative |
| Tennessee Valley Authority | N/A | 7.0¢/kWh | Federal |
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 Elora
At 12.0¢/kWh, a typical Elora 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 Elora
Charging an electric vehicle at home in Elora 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 Elora, TN?
The average residential electricity rate in Elora, 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 Elora?
Elora is served by 3 electricity providers. City of Fayetteville is the largest provider in the area, though rates and availability vary by specific address.
How do Elora electricity rates compare to the rest of Tennessee?
Elora'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.