Electricity Rates in Pennington gap, VA

Pennington gap, VA is in a deregulated electricity market with 2 providers available. The average residential rate is 13.0¢/kWh, 13.3% below the Virginia average of 15.0¢/kWh. Residents may be able to switch providers to find a lower rate.

Avg. Residential Rate 13.0¢/kWh
vs. Virginia Avg. -13.3%
vs. National Avg. -26.9%
Providers 2

Electricity Providers in Pennington gap

Utility Residential Rate Commercial Rate Type
Kentucky Utilities Co 14.0¢/kWh 12.0¢/kWh Investor Owned
Powell Valley Electric Coop 11.0¢/kWh 13.0¢/kWh Cooperative

Estimated Monthly Electric Bill

Based on the average residential rate of 13.0¢/kWh and typical US household usage of 886 kWh/month:

Pennington gap monthly bill $115.18
Pennington gap annual cost $1382.16
Virginia avg. monthly $132.90
National avg. monthly $157.53

Solar Savings in Pennington gap

At 13.0¢/kWh, a typical Pennington gap household spends approximately $1382.16/year on electricity. Solar panels could reduce this by 50–90%.

$1037/yr estimated solar savings

The federal solar tax credit covers 30% of installation costs through 2032.

EV Charging Costs in Pennington gap

Charging an electric vehicle at home in Pennington gap 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.

Frequently Asked Questions

What is the average electricity rate in Pennington gap, VA?

The average residential electricity rate in Pennington gap, VA 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 Pennington gap?

Pennington gap is served by 2 electricity providers. Kentucky Utilities Co is the largest provider in the area, though rates and availability vary by specific address.

How do Pennington gap electricity rates compare to the rest of Virginia?

Pennington gap's average rate of 13.0¢/kWh is 13.3% below the Virginia state average of 15.0¢/kWh. Residents enjoy some of the lower rates in the state.