Electricity Rates in Palmyra, TN
Residents of Palmyra, TN benefit from relatively low electricity rates, averaging 12.0¢/kWh — 32.5% below the national average. The city is served by 3 electricity providers, with City of Dickson being the largest.
Electricity Providers in Palmyra
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| City of Dickson | 12.0¢/kWh | 13.0¢/kWh | Municipal |
| Cumberland Elec Member 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 12.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Palmyra
At 12.0¢/kWh, a typical Palmyra 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 Palmyra
Charging an electric vehicle at home in Palmyra 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 Palmyra, TN?
The average residential electricity rate in Palmyra, 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 Palmyra?
Palmyra is served by 3 electricity providers. City of Dickson is the largest provider in the area, though rates and availability vary by specific address.
How do Palmyra electricity rates compare to the rest of Tennessee?
Palmyra'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.