Electricity Rates in Oakfield, TN
Residents of Oakfield, TN benefit from relatively low electricity rates, averaging 13.0¢/kWh — 26.9% below the national average. The city is served by 2 electricity providers, with Southwest Tennessee E M C being the largest.
Electricity Providers in Oakfield
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| 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 Oakfield
At 13.0¢/kWh, a typical Oakfield 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 Oakfield
Charging an electric vehicle at home in Oakfield 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 Oakfield, TN?
The average residential electricity rate in Oakfield, 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 Oakfield?
Oakfield is served by 2 electricity providers. Southwest Tennessee E M C is the largest provider in the area, though rates and availability vary by specific address.
How do Oakfield electricity rates compare to the rest of Tennessee?
Oakfield's average rate of 13.0¢/kWh is close to the Tennessee state average of 13.0¢/kWh. Rates are typical for the region.