Electricity Rates in Obion, TN
Residents of Obion, TN benefit from relatively low electricity rates, averaging 14.0¢/kWh — 21.3% below the national average. The city is served by 3 electricity providers, with Forked Deer Electric Coop, Inc being the largest.
Electricity Providers in Obion
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Forked Deer Electric Coop, Inc | 14.0¢/kWh | 20.0¢/kWh | Cooperative |
| Gibson Electric Members Corp | 13.0¢/kWh | 13.0¢/kWh | Cooperative |
| Tennessee Valley Authority | N/A | 7.0¢/kWh | Federal |
Estimated Monthly Electric Bill
Based on the average residential rate of 14.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Obion
At 14.0¢/kWh, a typical Obion household spends approximately $1488.48/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 Obion
Charging an electric vehicle at home in Obion costs approximately $126.00/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 Obion, TN?
The average residential electricity rate in Obion, TN is 14.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $124.04 for a typical household.
Who provides electricity in Obion?
Obion is served by 3 electricity providers. Forked Deer Electric Coop, Inc is the largest provider in the area, though rates and availability vary by specific address.
How do Obion electricity rates compare to the rest of Tennessee?
Obion's average rate of 14.0¢/kWh is 7.7% above the Tennessee state average of 13.0¢/kWh. Residents may benefit from exploring solar energy to offset higher electricity costs.