Electricity Rates in Zcta 38506, TN
Residents of Zcta 38506, 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 Zcta 38506
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Caney Fork Electric Coop, Inc | 13.0¢/kWh | 16.0¢/kWh | Cooperative |
| City of Cookeville - (TN) | 11.0¢/kWh | 11.0¢/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 Zcta 38506
At 12.0¢/kWh, a typical Zcta 38506 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 Zcta 38506
Charging an electric vehicle at home in Zcta 38506 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 Zcta 38506, TN?
The average residential electricity rate in Zcta 38506, 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 Zcta 38506?
Zcta 38506 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 Zcta 38506 electricity rates compare to the rest of Tennessee?
Zcta 38506'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.