Electricity Rates in Lenox, TN
Residents of Lenox, TN benefit from relatively low electricity rates, averaging 14.0¢/kWh — 21.3% below the national average. The city is served by 2 electricity providers, with Forked Deer Electric Coop, Inc being the largest.
Electricity Providers in Lenox
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Forked Deer Electric Coop, Inc | 14.0¢/kWh | 20.0¢/kWh | Cooperative |
| Tennessee Valley Authority | N/A | 7.0¢/kWh | Federal |
Estimated Monthly Electric Bill
Based on the average residential rate of 14.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Lenox
At 14.0¢/kWh, a typical Lenox household spends approximately $1488.48/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 Lenox
Charging an electric vehicle at home in Lenox costs approximately $126.00/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 Lenox, TN?
The average residential electricity rate in Lenox, TN is 14.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $124.04 for a typical household.
Who provides electricity in Lenox?
Lenox is served by 2 electricity providers. Forked Deer Electric Coop, Inc is the largest provider in the area, though rates and availability vary by specific address.
How do Lenox electricity rates compare to the rest of Tennessee?
Lenox's average rate of 14.0¢/kWh is 7.7% above the Tennessee state average of 13.0¢/kWh. Residents may benefit from exploring solar energy to offset higher electricity costs.