Electricity Rates in Greenback, TN
Residents of Greenback, 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 Fort Loudoun Electric Coop being the largest.
Electricity Providers in Greenback
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Fort Loudoun Electric Coop | 12.0¢/kWh | 14.0¢/kWh | Cooperative |
| Loudon Utilities Board | 11.0¢/kWh | 11.0¢/kWh | Municipal |
| 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 Greenback
At 12.0¢/kWh, a typical Greenback 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 Greenback
Charging an electric vehicle at home in Greenback 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 Greenback, TN?
The average residential electricity rate in Greenback, 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 Greenback?
Greenback is served by 3 electricity providers. Fort Loudoun Electric Coop is the largest provider in the area, though rates and availability vary by specific address.
How do Greenback electricity rates compare to the rest of Tennessee?
Greenback'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.