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Electricity rates › Kentucky

Kentucky electricity rates

Homes in Kentucky pay an average of 12.8¢ per kWh, 22% below the US average, and use 1,047 kWh a month. Kentucky ranks #40 of 51 for residential electricity prices.

12.8¢average price per kWh
1,047 kWhaverage use per month
$134average monthly bill
#40 of 51price rank (1 = most expensive)

Residential rates by utility in Kentucky

Utility¢/kWhZIP codes served
Kentucky Utilities Co12.0355
Kentucky Power Co14.2230
Louisville Gas & Electric Co12.497
Jackson Energy Coop Corp13.763
Kenergy Corp14.357
Cumberland Valley Electric, Inc.13.156
Big Sandy Rural Elec Coop Corp13.850
Warren Rural Elec Coop Corp11.950
Blue Grass Energy Coop Corp12.545
Owen Electric Coop Inc12.844
Licking Valley Rural E C C14.141
Pennyrile Rural Electric Coop12.941

Average residential rates for full-service utilities, from NREL’s utility rates by ZIP code (2023). In areas with retail choice, your price depends on the plan you pick.

Is solar worth it in Kentucky?

At 12.8¢ per kWh, every 1,000 kWh your roof makes and you use yourself is worth about $128. A system that covers the average Kentucky home would replace about 12,564 kWh a year, roughly $1,607 of electricity at today’s prices.

9.6 kWsystem for an average home (24 panels)
$28,800rough installed cost
$1,607electricity saved per year
~18 yearssimple payback

Assumes a typical 1,350 kWh per kW of panels a year and $3.00/W installed, before incentives and price increases. Your roof’s direction, pitch and shade change these numbers; the estimator measures them for your address.

Plan solar for your Kentucky home

State figures: EIA Table 5A, 2024 Average Monthly Bill - Residential (forms EIA-861, 861S, 861U).