Electricity Rates in Oakland, TN
Residents of Oakland, TN benefit from relatively low electricity rates, averaging 11.0¢/kWh — 38.1% below the national average. The city is served by 2 electricity providers, with Chickasaw Electric Coop, Inc being the largest.
Electricity Providers in Oakland
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Chickasaw Electric Coop, Inc | 11.0¢/kWh | 11.0¢/kWh | Cooperative |
| Tennessee Valley Authority | N/A | 7.0¢/kWh | Federal |
Estimated Monthly Electric Bill
Based on the average residential rate of 11.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Oakland
At 11.0¢/kWh, a typical Oakland household spends approximately $1169.52/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 Oakland
Charging an electric vehicle at home in Oakland costs approximately $99.00/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 Oakland, TN?
The average residential electricity rate in Oakland, TN is 11.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $97.46 for a typical household.
Who provides electricity in Oakland?
Oakland is served by 2 electricity providers. Chickasaw Electric Coop, Inc is the largest provider in the area, though rates and availability vary by specific address.
How do Oakland electricity rates compare to the rest of Tennessee?
Oakland's average rate of 11.0¢/kWh is 15.4% below the Tennessee state average of 13.0¢/kWh. Residents enjoy some of the lower rates in the state.