Electricity Rates in Monroe, TN
Residents of Monroe, TN benefit from relatively low electricity rates, averaging 12.0¢/kWh — 32.5% below the national average. The city is served by 4 electricity providers, with Tennessee Valley Authority being the largest.
Electricity Providers in Monroe
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Tennessee Valley Authority | N/A | 7.0¢/kWh | Federal |
| Tri-County Elec Member Corp (TN) | 12.0¢/kWh | 13.0¢/kWh | Cooperative |
| Upper Cumberland E M C | 13.0¢/kWh | 14.0¢/kWh | Cooperative |
| Volunteer Electric Coop | 12.0¢/kWh | 13.0¢/kWh | Cooperative |
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 Monroe
At 12.0¢/kWh, a typical Monroe 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 Monroe
Charging an electric vehicle at home in Monroe 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 Monroe, TN?
The average residential electricity rate in Monroe, 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 Monroe?
Monroe is served by 4 electricity providers. Tennessee Valley Authority is the largest provider in the area, though rates and availability vary by specific address.
How do Monroe electricity rates compare to the rest of Tennessee?
Monroe'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.