Electricity Rates in Speedwell, TN
Residents of Speedwell, TN benefit from relatively low electricity rates, averaging 13.0¢/kWh — 26.9% below the national average. The city is served by 4 electricity providers, with City of Clinton - (TN) being the largest.
Electricity Providers in Speedwell
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| City of Clinton - (TN) | 13.0¢/kWh | 13.0¢/kWh | Municipal |
| City of LaFollette | 14.0¢/kWh | 11.0¢/kWh | Municipal |
| Powell Valley Electric Coop | 11.0¢/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 13.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Speedwell
At 13.0¢/kWh, a typical Speedwell household spends approximately $1382.16/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 Speedwell
Charging an electric vehicle at home in Speedwell costs approximately $117.00/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 Speedwell, TN?
The average residential electricity rate in Speedwell, TN is 13.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $115.18 for a typical household.
Who provides electricity in Speedwell?
Speedwell is served by 4 electricity providers. City of Clinton - (TN) is the largest provider in the area, though rates and availability vary by specific address.
How do Speedwell electricity rates compare to the rest of Tennessee?
Speedwell's average rate of 13.0¢/kWh is close to the Tennessee state average of 13.0¢/kWh. Rates are typical for the region.