Electricity Rates in Kentucky
Electricity Rates, Plans & Statistics
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Electricity Companies & Statistics in Kentucky
- Population see rank4,512,310
- Total Production see rank65,110,967 MWh / 14.43 MWh per capita
- Total Consumption see rank71,107,749 MWh / 15.76 MWh per capita
- Total Production from Renewable see rank5,466,456 MWh / 1.21 MWh per capita
- CO2 Emissions from Consumption see rank53,145,970,138 kg / 11,778 kg per capita
- Total Production from Non-Renewable see rank59,644,511 MWh / 13.22 MWh per capita
Average Residential Electricity Bills & Rates in Kentucky
Kentucky residential electric rates are highest in October and the highest average bill is in July.
Historical Electricity Rates:
Kentucky Electricity Fuel Mix
Kentucky's Electricity Prices and Usage
The average residential electricity rate in Kentucky in 2024 is 12.54 cents per kilowatt hour, which is 22.23% below the US average rate of 16.12 cents.. Even though there are over 60 electricity companies in Florida, the electricity market is regulated and residents often have only a single electricity company choice determined by their geographic location. The state consumes over 71,100,000 megawatt hours for their electricity needs, making the state the 21st largest consumer of megawatt hours in the US. About 8.40% of the states' electricity is produced from renewable fuel sources, ranking them as the 37th highest state for total sustainable electricity production. Kentucky Utilities has 543,468 residential customers, which is more than any other provider in the state . The state is the 19th largest producer of electricity per capita, with an average of 14.43 megawatt hours generated per person per year.
Residential Electricity Providers in Kentucky
Provider | Service Type | Residential Rate (¢) | Residential Average Bill ($) | Residential Sales (MWh) | Residential Revenues ($) | State Production (MWh) |
---|---|---|---|---|---|---|
Kentucky Utilities | BUNDLED | 11.88 | 127.33 | 5,763,361.01 | 684,403,201 | 17,344,563.47 |
Louisville Gas & Electric | BUNDLED | 12.35 | 107.9 | 4,013,526.35 | 495,556,565 | 11,668,520.24 |
Kentucky Power | BUNDLED | 14.21 | 162.77 | 1,800,102.37 | 255,776,457 | 509,951 |
Duke Energy Kentucky | BUNDLED | 12.94 | 111.81 | 1,427,228.46 | 184,736,030 | 2,539,999.01 |
Warren Rural Electric Cooperative Corporation | BUNDLED | 11.77 | 146.5 | 885,003 | 104,166,000 | |
Blue Grass Energy | BUNDLED | 12.15 | 146.63 | 833,486.38 | 101,232,943.81 | |
Owen Electrictric Cooperative | BUNDLED | 12.50 | 137.86 | 809,097.88 | 101,165,339.73 | |
South Kentucky Rural Electric Cooperative Corporation | BUNDLED | 13.02 | 129.43 | 763,316.72 | 99,362,608 | |
Salt River Electric | BUNDLED | 10.87 | 132.16 | 743,206.92 | 80,760,946.38 | |
Jackson Energy | BUNDLED | 13.52 | 158.27 | 672,375.79 | 90,913,968.03 |
Commercial Electricity Providers in Kentucky
Provider | Service Type | Commercial Rate (¢) | Commercial Average Bill ($) | Commercial Sales (MWh) | Commercial Revenues ($) | State Production (MWh) |
---|---|---|---|---|---|---|
Kentucky Utilities | BUNDLED | 11.58 | 556.28 | 5,412,325.44 | 626,846,730 | 17,344,563.47 |
Louisville Gas & Electric | BUNDLED | 11.19 | 822.24 | 4,594,251.8 | 514,058,505 | 11,668,520.24 |
Duke Energy Kentucky | BUNDLED | 11.05 | 1,116.83 | 1,722,083.26 | 190,358,114 | 2,539,999.01 |
Kentucky Power | BUNDLED | 12.05 | 457.89 | 1,398,898.62 | 168,632,944 | 509,951 |
Warren Rural Electric Cooperative Corporation | BUNDLED | 12.77 | 311.86 | 440,860 | 56,301,000 | |
Bowling Green Municipal Utilities | BUNDLED | 10.78 | 733.03 | 434,619.2 | 46,862,183.01 | |
Jackson Purchase Energy | BUNDLED | 10.01 | 585.72 | 342,685.47 | 34,312,778.22 | |
Tri-County Electric Membership Corporation (Kentucky) | BUNDLED | 10.17 | 519.43 | 342,377.57 | 34,835,713.14 | |
Pennyrile Electric | BUNDLED | 13.20 | 510.66 | 315,150 | 41,590,000 | |
Paducah Power | BUNDLED | 14.27 | 944.55 | 297,946.83 | 42,527,374.72 | 72,034 |
Power Plants in Kentucky
Plant | City/County | Primary Fuel Type | Production (MWh) | Emission (KG) | Emissions/MWh (KG/MWh) | Toxic Chemical Release | Closing Date |
---|---|---|---|---|---|---|---|
Carroll County | Coal | 9,740,001.95 | 9,846,396,314.2 | 1,010.92 | |||
Trimble County | Coal | 8,529,142 | 7,555,408,774.89 | 885.83 | |||
H L SpurlockEast Kentucky Power Cooperative (100.00%) | Maysville | Coal | 7,707,347.01 | 7,184,771,359.22 | 932.2 | ||
Mill Creek (KY)Louisville Gas & Electric (100.00%) | Louisville/Jefferson County metro government | Coal | 7,325,053 | 6,965,216,910.32 | 950.88 | ||
Muhlenberg County | Natural Gas | 6,564,630 | 2,397,769,514.56 | 365.26 | |||
McCracken County | Coal | 5,014,316.99 | 5,766,344,319.61 | 1,149.98 | |||
Louisville/Jefferson County metro government | Natural Gas | 4,350,213 | 1,576,846,365.5 | 362.48 | |||
Ohio County | Coal | 2,666,335.99 | 2,723,658,375.31 | 1,021.5 | |||
East BendDuke Energy Kentucky (100.00%) | Rabbit Hash CDP | Coal | 2,529,211.01 | 2,588,459,345.02 | 1,023.43 | ||
Mercer County | Coal | 1,310,754 | 1,380,345,526.81 | 1,053.09 |
Quick Facts
Kentucky creates 7.38% of their electricity from hydroelectric power, roughly 4,802,293.14 megawatt hours per year.
Kentucky is 42nd in the nation in megawatt hours generated by solar power sources.
Kentucky ranks 21st worst in the country for total production of electricity from non-renewable fuel types, with 59,644,511.19 of the state's 65,110,966.93 megawatt hours coming from those fuel types.
44,741,805.67 megawatt hours are produced from coal in the state of Kentucky. With 4,512,310 citizens, this is 9.92 megawatt hours per person.
The state of Kentucky is the 2nd highest generator of electricity sourced from coal.
Kentucky had a 4.66% increase over the last year in the use of renewable fuel types for electricity production.
FAQ: Common Questions About Electricity in Kentucky
How much does electricity cost in Kentucky?
The average electricity cost paid by customers in Kentucky in 2024 is 12.54 cents per kilowatt hour.
Where does Kentucky get its electricity?
Coal is the primary fuel source used for electricity generation in Kentucky, accounting for 68.72% of generation. The second and third most used fuel types are Natural Gas and Conventional Hydroelectric, which make up 22.76% and 7.38% of total generation respectively.
What electricity company is the largest supplier in Kentucky?
The largest electricity supplier in Kentucky by total customer count is Kentucky Utilities.
How many electric companies offer service in Kentucky?
There are 58 electricity companies operating in Kentucky.
What is the cheapest electricity company in Kentucky?
Residential Rate Rank | Provider | Residential Rate (¢) | State Customers |
---|---|---|---|
1 | Henderson Municipal Power and Light | 8.21 | 11,710 |
2 | Barbourville Utilities | 8.73 | 4,132 |
3 | Corbin City Utilities | 8.78 | 4,104 |
4 | Berea Municipal Utilities | 9.05 | 5,299 |
5 | Nicholasville Utilities | 9.89 | 6,549 |
6 | Bardstown Electric | 10.20 | 4,608 |
7 | Frankfort Plant Board Electric | 10.23 | 20,804 |
8 | Salt River Electric | 10.87 | 54,473 |
9 | Paris KY Utilities | 10.89 | 3,175 |
10 | Williamstown Electric | 11.33 | 1,586 |
Does Kentucky have a deregulated electricity market?
No, Kentucky has a regulated electricity market where consumers often have only a single provider choice for their electricity needs.
What power companies are in Kentucky?
State Customers Rank | Provider | State Customers |
---|---|---|
1 | Kentucky Utilities | 543,468 |
2 | Louisville Gas & Electric | 435,378 |
3 | Kentucky Power | 162,625 |
4 | Duke Energy Kentucky | 152,192 |
5 | Warren Rural Electric Cooperative Corporation | 74,342 |
6 | South Kentucky Rural Electric Cooperative Corporation | 70,395 |
7 | Owen Electrictric Cooperative | 63,845 |
8 | Blue Grass Energy | 60,644 |
9 | Kenergy | 59,433 |
10 | Salt River Electric | 54,473 |
What is the average electric bill in Kentucky?
The Kentucky average electricity bill is $133 so far in 2024.
How many power plants are within Kentucky?
There are 21 electricity plants in Kentucky.