Electricity Rates in Laurel bloomery, TN
Residents of Laurel bloomery, TN benefit from relatively low electricity rates, averaging 12.0¢/kWh — 32.5% below the national average. The city is served by 2 electricity providers, with Mountain Electric Coop, Inc being the largest.
Electricity Providers in Laurel bloomery
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Mountain Electric Coop, Inc | 12.0¢/kWh | 14.0¢/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 Laurel bloomery
At 12.0¢/kWh, a typical Laurel bloomery 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 Laurel bloomery
Charging an electric vehicle at home in Laurel bloomery 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 Laurel bloomery, TN?
The average residential electricity rate in Laurel bloomery, 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 Laurel bloomery?
Laurel bloomery is served by 2 electricity providers. Mountain Electric Coop, Inc is the largest provider in the area, though rates and availability vary by specific address.
How do Laurel bloomery electricity rates compare to the rest of Tennessee?
Laurel bloomery'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.