Electricity Rates in Medon, TN
Residents of Medon, TN benefit from relatively low electricity rates, averaging 13.0¢/kWh — 26.9% below the national average. The city is served by 3 electricity providers, with Bolivar Energy Authority being the largest.
Electricity Providers in Medon
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Bolivar Energy Authority | 14.0¢/kWh | 15.0¢/kWh | Municipal |
| Southwest Tennessee E M C | 13.0¢/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 13.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Medon
At 13.0¢/kWh, a typical Medon 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 Medon
Charging an electric vehicle at home in Medon 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 Medon, TN?
The average residential electricity rate in Medon, 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 Medon?
Medon is served by 3 electricity providers. Bolivar Energy Authority is the largest provider in the area, though rates and availability vary by specific address.
How do Medon electricity rates compare to the rest of Tennessee?
Medon's average rate of 13.0¢/kWh is close to the Tennessee state average of 13.0¢/kWh. Rates are typical for the region.