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.
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:
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%.
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.
Nearby Cities in Tennessee
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.