Electricity Rates in Only, TN
Residents of Only, TN benefit from relatively low electricity rates, averaging 14.0¢/kWh — 21.3% below the national average. The city is served by 2 electricity providers, with Meriwether Lewis Electric Coop being the largest.
Electricity Providers in Only
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Meriwether Lewis Electric Coop | 14.0¢/kWh | 15.0¢/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 Only
At 14.0¢/kWh, a typical Only 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 Only
Charging an electric vehicle at home in Only 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 Only, TN?
The average residential electricity rate in Only, 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 Only?
Only is served by 2 electricity providers. Meriwether Lewis Electric Coop is the largest provider in the area, though rates and availability vary by specific address.
How do Only electricity rates compare to the rest of Tennessee?
Only'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.