Electricity Rates in Mercer, TN
Residents of Mercer, 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 Mercer
| 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 Mercer
At 13.0¢/kWh, a typical Mercer 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 Mercer
Charging an electric vehicle at home in Mercer 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 Mercer, TN?
The average residential electricity rate in Mercer, 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 Mercer?
Mercer 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 Mercer electricity rates compare to the rest of Tennessee?
Mercer's average rate of 13.0¢/kWh is close to the Tennessee state average of 13.0¢/kWh. Rates are typical for the region.