Electricity Rates in Martin, TN
Residents of Martin, TN benefit from relatively low electricity rates, averaging 12.0¢/kWh — 32.5% below the national average. The city is served by 3 electricity providers, with Gibson Electric Members Corp being the largest.
Electricity Providers in Martin
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Gibson Electric Members Corp | 13.0¢/kWh | 13.0¢/kWh | Cooperative |
| Tennessee Valley Authority | N/A | 7.0¢/kWh | Federal |
| Weakley County Mun Elec Sys | 11.0¢/kWh | 12.0¢/kWh | Municipal |
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 Martin
At 12.0¢/kWh, a typical Martin 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 Martin
Charging an electric vehicle at home in Martin 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 Martin, TN?
The average residential electricity rate in Martin, 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 Martin?
Martin is served by 3 electricity providers. Gibson Electric Members Corp is the largest provider in the area, though rates and availability vary by specific address.
How do Martin electricity rates compare to the rest of Tennessee?
Martin'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.