Electricity Rates in Holladay, TN
Residents of Holladay, TN benefit from relatively low electricity rates, averaging 13.0¢/kWh — 26.9% below the national average. The city is served by 5 electricity providers, with Benton County being the largest.
Electricity Providers in Holladay
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Benton County | 14.0¢/kWh | 15.0¢/kWh | Municipal |
| Carroll County - (TN) | 12.0¢/kWh | 12.0¢/kWh | Municipal |
| City of Lexington - (TN) | 12.0¢/kWh | 13.0¢/kWh | Municipal |
| Meriwether Lewis Electric Coop | 14.0¢/kWh | 15.0¢/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 Holladay
At 13.0¢/kWh, a typical Holladay 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 Holladay
Charging an electric vehicle at home in Holladay 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 Holladay, TN?
The average residential electricity rate in Holladay, 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 Holladay?
Holladay is served by 5 electricity providers. Benton County is the largest provider in the area, though rates and availability vary by specific address.
How do Holladay electricity rates compare to the rest of Tennessee?
Holladay's average rate of 13.0¢/kWh is close to the Tennessee state average of 13.0¢/kWh. Rates are typical for the region.