Electricity Rates in Ravenscroft, TN

Residents of Ravenscroft, 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.

Avg. Residential Rate 12.0¢/kWh
vs. Tennessee Avg. -7.7%
vs. National Avg. -32.5%
Providers 5

Electricity Providers in Ravenscroft

Utility Residential Rate Commercial Rate Type
Caney Fork Electric Coop, Inc 13.0¢/kWh 16.0¢/kWh Cooperative
City of Sparta 12.0¢/kWh 12.0¢/kWh Municipal
Tennessee Valley Authority N/A 7.0¢/kWh Federal
Upper Cumberland E M C 13.0¢/kWh 14.0¢/kWh Cooperative
Volunteer Electric Coop 12.0¢/kWh 13.0¢/kWh Cooperative

Estimated Monthly Electric Bill

Based on the average residential rate of 12.0¢/kWh and typical US household usage of 886 kWh/month:

Ravenscroft monthly bill $106.32
Ravenscroft annual cost $1275.84
Tennessee avg. monthly $115.18
National avg. monthly $157.53

Solar Savings in Ravenscroft

At 12.0¢/kWh, a typical Ravenscroft household spends approximately $1275.84/year on electricity. Solar panels could reduce this by 50–90%.

$957/yr estimated solar savings

The federal solar tax credit covers 30% of installation costs through 2032.

EV Charging Costs in Ravenscroft

Charging an electric vehicle at home in Ravenscroft 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.

Frequently Asked Questions

What is the average electricity rate in Ravenscroft, TN?

The average residential electricity rate in Ravenscroft, 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 Ravenscroft?

Ravenscroft 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 Ravenscroft electricity rates compare to the rest of Tennessee?

Ravenscroft'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.