Electricity Rates in Red bank, TN
Residents of Red bank, TN benefit from relatively low electricity rates, averaging 12.0¢/kWh — 32.5% below the national average. The city is served by 2 electricity providers, with City of Chattanooga - (TN) being the largest.
Electricity Providers in Red bank
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| City of Chattanooga - (TN) | 12.0¢/kWh | 12.0¢/kWh | Municipal |
| 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 Red bank
At 12.0¢/kWh, a typical Red bank 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 Red bank
Charging an electric vehicle at home in Red bank 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 Red bank, TN?
The average residential electricity rate in Red bank, 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 Red bank?
Red bank is served by 2 electricity providers. City of Chattanooga - (TN) is the largest provider in the area, though rates and availability vary by specific address.
How do Red bank electricity rates compare to the rest of Tennessee?
Red bank'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.