Electricity Rates in Hickory valley, TN
Residents of Hickory valley, 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 Bolivar Energy Authority being the largest.
Electricity Providers in Hickory valley
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Bolivar Energy Authority | 14.0¢/kWh | 15.0¢/kWh | Municipal |
| Chickasaw Electric Coop, Inc | 11.0¢/kWh | 11.0¢/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 Hickory valley
At 12.0¢/kWh, a typical Hickory valley 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 Hickory valley
Charging an electric vehicle at home in Hickory valley 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 Hickory valley, TN?
The average residential electricity rate in Hickory valley, 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 Hickory valley?
Hickory valley is served by 3 electricity providers. Bolivar Energy Authority is the largest provider in the area, though rates and availability vary by specific address.
How do Hickory valley electricity rates compare to the rest of Tennessee?
Hickory valley'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.