Electricity Rates in Hollow rock, TN
Residents of Hollow rock, TN benefit from relatively low electricity rates, averaging 12.0¢/kWh — 32.5% below the national average. The city is served by 4 electricity providers, with Benton County being the largest.
Electricity Providers in Hollow rock
| 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 Paris - (TN) | 12.0¢/kWh | 12.0¢/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 Hollow rock
At 12.0¢/kWh, a typical Hollow rock 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 Hollow rock
Charging an electric vehicle at home in Hollow rock 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 Hollow rock, TN?
The average residential electricity rate in Hollow rock, 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 Hollow rock?
Hollow rock is served by 4 electricity providers. Benton County is the largest provider in the area, though rates and availability vary by specific address.
How do Hollow rock electricity rates compare to the rest of Tennessee?
Hollow rock'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.