Electricity Rates in Plaza, TN
Residents of Plaza, TN benefit from relatively low electricity rates, averaging 12.0¢/kWh — 32.5% below the national average. The city is served by 5 electricity providers, with Caney Fork Electric Coop, Inc being the largest.
Electricity Providers in Plaza
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Caney Fork Electric Coop, Inc | 13.0¢/kWh | 16.0¢/kWh | Cooperative |
| McMinnville Electric System | 12.0¢/kWh | 12.0¢/kWh | Municipal |
| Middle Tennessee E M C | 12.0¢/kWh | 11.0¢/kWh | Cooperative |
| Sequachee Valley Electric Coop | 13.0¢/kWh | 12.0¢/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 Plaza
At 12.0¢/kWh, a typical Plaza 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 Plaza
Charging an electric vehicle at home in Plaza 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 Plaza, TN?
The average residential electricity rate in Plaza, 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 Plaza?
Plaza is served by 5 electricity providers. Caney Fork Electric Coop, Inc is the largest provider in the area, though rates and availability vary by specific address.
How do Plaza electricity rates compare to the rest of Tennessee?
Plaza'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.