Electricity Rates in Toone, TN
Residents of Toone, TN benefit from relatively low electricity rates, averaging 14.0¢/kWh — 21.3% below the national average. The city is served by 2 electricity providers, with Bolivar Energy Authority being the largest.
Electricity Providers in Toone
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Bolivar Energy Authority | 14.0¢/kWh | 15.0¢/kWh | Municipal |
| Tennessee Valley Authority | N/A | 7.0¢/kWh | Federal |
Estimated Monthly Electric Bill
Based on the average residential rate of 14.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Toone
At 14.0¢/kWh, a typical Toone household spends approximately $1488.48/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 Toone
Charging an electric vehicle at home in Toone costs approximately $126.00/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 Toone, TN?
The average residential electricity rate in Toone, TN is 14.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $124.04 for a typical household.
Who provides electricity in Toone?
Toone is served by 2 electricity providers. Bolivar Energy Authority is the largest provider in the area, though rates and availability vary by specific address.
How do Toone electricity rates compare to the rest of Tennessee?
Toone's average rate of 14.0¢/kWh is 7.7% above the Tennessee state average of 13.0¢/kWh. Residents may benefit from exploring solar energy to offset higher electricity costs.