Electricity Rates in Hillsboro, TN
Residents of Hillsboro, TN benefit from relatively low electricity rates, averaging 13.0¢/kWh — 26.9% below the national average. The city is served by 4 electricity providers, with Caney Fork Electric Coop, Inc being the largest.
Electricity Providers in Hillsboro
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Caney Fork Electric Coop, Inc | 13.0¢/kWh | 16.0¢/kWh | Cooperative |
| Duck River Elec Member Corp | 12.0¢/kWh | 13.0¢/kWh | Cooperative |
| Sequachee Valley Electric Coop | 13.0¢/kWh | 12.0¢/kWh | Cooperative |
| Tennessee Valley Authority | N/A | 7.0¢/kWh | Federal |
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 Hillsboro
At 13.0¢/kWh, a typical Hillsboro 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 Hillsboro
Charging an electric vehicle at home in Hillsboro 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 Hillsboro, TN?
The average residential electricity rate in Hillsboro, 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 Hillsboro?
Hillsboro is served by 4 electricity providers. Caney Fork Electric Coop, Inc is the largest provider in the area, though rates and availability vary by specific address.
How do Hillsboro electricity rates compare to the rest of Tennessee?
Hillsboro's average rate of 13.0¢/kWh is close to the Tennessee state average of 13.0¢/kWh. Rates are typical for the region.