Electric Rates & Providers in Carter County, KY

Carter County, Kentucky Electricity Rates & Statistics

Electricity Rates, Plans & Statistics

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Carter County, Kentucky Electricity Overview

By megawatt hours sold, the largest provider in Carter County is Kentucky Power.

Carter County has a population of 26,820 residents.

At $162.19, the average monthly residential electric bill in Carter County is 17.28% higher than the US average bill.

Carter County is ranked as the 1427th highest consumer of electricity out of 3230 counties in the US with over 400,000 megawatt hours being consumed by residents who live there.

The US average residential price per kilowatt hour is 16.02 cents, while residents of Carter County benefit from an average rate that is 5.11% less at 15.20 cents per kilowatt hour.

No electricity generation takes place in Carter County, resulting in the county needing to import their electricity from other counties.

ENERGY CONSUMPTION

  • Total Consumption

    421,652 MWh

  • Consumption per Capita

    15.72 MWh

EMISSIONS

  • CO2 Emissions

    329,280,922 kg

  • CO2 Emissions per Capita

    12,277.44 kg

Recent Energy News in Grayson

To see recent electricity news for cities in Carter County, select the city, year, and month you want to see news for below.

Top Headlines

Residential Electricity Prices

Commercial Electricity Prices

Industrial Electricity Prices

Grayson Electricity Pricing Data

Average Residential Electricity Rate for February, 2024

14.94¢ per kWh

  • 19.88% higher than last month
  • 10.27% higher than February last year
  • 16.87% higher than the Kentucky average
  • 8.33% lower than the US average
  • 484th in the state out of 484 cities
  • The state rank has dropped by 86 since last month
  • The state rank has dropped by 31 since February last year
  • 12,660th in the US out of 26,964 cities
  • The national rank has dropped by 4,573 since last month
  • The national rank has dropped by 3,151 since February last year

12 Month Rolling Average Residential Rate

14.22¢ per kWh

  • 0.82% higher than last month
  • 15.77% lower than February last year
  • 12.8% higher than the Kentucky average
  • 16.06% lower than the US average
  • 459th in the state out of 484 cities
  • The state rank is the same since last month
  • The state rank has increased by 25 since February last year
  • 9,935th in the US out of 26,964 cities
  • The national rank has dropped by 74 since last month
  • The national rank has increased by 9,893 since February last year

Average Residential Electricity Bill for February, 2024

$212.79 per month

  • 11.8% lower than last month
  • 26.73% higher than February last year
  • 56.13% higher than the Kentucky average
  • 69.74% higher than the US average
  • 484th in the state out of 484 cities
  • The state rank has dropped by 25 since last month
  • The state rank has dropped by 38 since February last year
  • 26,628th in the US out of 26,964 cities
  • The national rank has dropped by 356 since last month
  • The national rank has dropped by 2,108 since February last year

12 Month Rolling Average Residential Bill

$160.8 per month

  • 2.38% higher than last month
  • 17.98% lower than February last year
  • 23.69% higher than the Kentucky average
  • 21.33% higher than the US average
  • 459th in the state out of 484 cities
  • The state rank is the same since last month
  • The state rank has increased by 25 since February last year
  • 21,864th in the US out of 26,964 cities
  • The national rank has dropped by 667 since last month
  • The national rank has increased by 4,794 since February last year

Average Commercial Electricity Rate for February, 2024

13.42¢ per kWh

  • 8.66% higher than last month
  • 8.27% lower than February last year
  • 7.1% higher than the Kentucky average
  • 1.47% lower than the US average
  • 479th in the state out of 484 cities
  • The state rank has dropped by 70 since last month
  • The state rank has increased by 5 since February last year
  • 17,841st in the US out of 26,992 cities
  • The national rank has dropped by 2,608 since last month
  • The national rank has increased by 1,953 since February last year

12 Month Rolling Average Commercial Rate

11.78¢ per kWh

  • 0.85% lower than last month
  • 20.12% lower than February last year
  • 0.5% higher than the Kentucky average
  • 16.56% lower than the US average
  • 395th in the state out of 484 cities
  • The state rank has increased by 8 since last month
  • The state rank has increased by 86 since February last year
  • 11,965th in the US out of 26,992 cities
  • The national rank has dropped by 35 since last month
  • The national rank has increased by 8,552 since February last year

Average Commercial Electricity Bill for February, 2024

$503.23 per month

  • 8.31% lower than last month
  • 10.48% higher than February last year
  • 18.54% lower than the Kentucky average
  • 69.92% lower than the US average
  • 150th in the state out of 484 cities
  • The state rank has dropped by 7 since last month
  • The state rank has dropped by 25 since February last year
  • 12,554th in the US out of 26,992 cities
  • The national rank has increased by 662 since last month
  • The national rank has dropped by 1,808 since February last year

12 Month Rolling Average Commercial Bill

$446.15 per month

  • 0.9% higher than last month
  • 17.97% lower than February last year
  • 27.21% lower than the Kentucky average
  • 72.84% lower than the US average
  • 121st in the state out of 484 cities
  • The state rank is the same since last month
  • The state rank has increased by 8 since February last year
  • 8,729th in the US out of 26,992 cities
  • The national rank has dropped by 664 since last month
  • The national rank has increased by 4,177 since February last year

Average Industrial Electricity Rate for February, 2024

8.06¢ per kWh

  • 2.07% higher than last month
  • 23.93% lower than February last year
  • 12.04% higher than the Kentucky average
  • 18.23% lower than the US average
  • 433rd in the state out of 484 cities
  • The state rank has dropped by 289 since last month
  • The state rank has increased by 51 since February last year
  • 12,645th in the US out of 26,382 cities
  • The national rank has dropped by 319 since last month
  • The national rank has increased by 7,948 since February last year

12 Month Rolling Average Industrial Rate

7.09¢ per kWh

  • 2.89% lower than last month
  • 22.91% lower than February last year
  • 3.3% lower than the Kentucky average
  • 30.54% lower than the US average
  • 136th in the state out of 484 cities
  • The state rank has increased by 8 since last month
  • The state rank has increased by 296 since February last year
  • 7,440th in the US out of 26,382 cities
  • The national rank has increased by 110 since last month
  • The national rank has increased by 7,931 since February last year

Average Industrial Electricity Bill for February, 2024

$11,643.12 per month

  • 16.12% lower than last month
  • 29.22% lower than February last year
  • 79.79% lower than the Kentucky average
  • 62.02% lower than the US average
  • 66th in the state out of 484 cities
  • The state rank has dropped by 1 since last month
  • The state rank has increased by 49 since February last year
  • 14,218th in the US out of 26,382 cities
  • The national rank has increased by 257 since last month
  • The national rank has increased by 1,350 since February last year

12 Month Rolling Average Industrial Bill

$12,143.74 per month

  • 3.19% lower than last month
  • 19.74% lower than February last year
  • 81.24% lower than the Kentucky average
  • 64.38% lower than the US average
  • 66th in the state out of 484 cities
  • The state rank is the same since last month
  • The state rank has increased by 2 since February last year
  • 13,344th in the US out of 26,382 cities
  • The national rank has increased by 673 since last month
  • The national rank has dropped by 340 since February last year

Grayson, KY Electricity Overview

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The residential electricity price is 14.14 cents per kilowatt hour for consumers in Grayson, which is 13.62% higher than Kentucky's average price of 12.45 cents and 11.70% less than the US average of 16.02 cents. Kentucky Power sells an estimated 3,576.17 megawatt hours in the city a year, more than all other electricity providers. The average residential power bill for a consumer in the city is $161.05 per month, while the national average is $138.3. Customers in the city are stuck with a 16.45% markup compared to other residents in the nation.

Emitting 46,592,882.1 kilograms of CO2 emissions, Grayson ranks 105th highest out of 556 cities in the state for total emissions from electricity consumption. The city averages 12,277.44 kilograms of CO2 emissions per citizen, which is a better measurement of the city's pollution levels. The city has zero power plants currently operating within the city.

Average Residential Electricity Bills & Rates in Grayson

Grayson residential electric rates are highest in January and the highest average bill is in January.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.200/kWh$0.109/kWh$265.14/mo.$105.11/mo.
500th14.14¢Average residential price per kWh in the city of Grayson
502nd$161.05Average residential monthly electricity bill for Grayson Residents

Electric Companies With Service in Grayson, Kentucky

ProviderService TypeResidential Rate (¢)Residential Average Bill ($)City Production (MWh)Residential Sales (MWh)Residential Revenues ($)
Grayson RECCBUNDLED16.32163.47172,19728,108,000
Kentucky PowerBUNDLED13.78157.051,792,838.5246,991,044

Olive Hill, KY Electricity Overview

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The residential electricity price is 15.63 cents per kilowatt hour for consumers in Olive Hill, which is 25.54% higher than Kentucky's average price of 12.45 cents and 2.43% less than the US average of 16.02 cents. Olive Hill Utilities sells an estimated 7,299.41 megawatt hours in the city a year, more than all other electricity providers. The average residential power bill for a consumer in the city is $160.68 per month, while the national average is $138.3. Customers in the city are stuck with a 16.18% markup compared to other residents in the nation.

Emitting 17,483,073.55 kilograms of CO2 emissions, Olive Hill ranks 206th highest out of 556 cities in the state for total emissions from electricity consumption. The city averages 12,277.44 kilograms of CO2 emissions per citizen, which is a better measurement of the city's pollution levels. The city has zero power plants currently operating within the city.

Average Residential Electricity Bills & Rates in Olive Hill

Olive Hill residential electric rates are highest in January and the highest average bill is in January.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.200/kWh$0.109/kWh$265.14/mo.$105.11/mo.
551st15.63¢Average residential price per kWh in the city of Olive Hill
448th$160.68Average residential monthly electricity bill for Olive Hill Residents

Electric Companies With Service in Olive Hill, Kentucky

ProviderService TypeResidential Rate (¢)Residential Average Bill ($)City Production (MWh)Residential Sales (MWh)Residential Revenues ($)
Grayson RECCBUNDLED16.32163.47172,19728,108,000
Kentucky PowerBUNDLED13.78157.051,792,838.5246,991,044
Olive Hill UtilitiesBUNDLED15.72160.3912,268.841,928,502.05

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Carter County, Kentucky Details

Carter County, Kentucky Net Metering

There are 3 companies in Carter County providing electricity. Of those 3, 66.67% of them offer some type of net metering option for their customers, making solar panels and alternative electric sources more economically viable. Citizens of Kentucky have highly restricted net metering laws that encourage the installation of personal solar.

Energy Loss

In Carter County one company reports energy loss, Grayson RECC. They average an annual energy loss of 2.14%. The countrywide average for energy loss is 2.87% while the Kentucky average is 3.69%, resulting in a rank of 178th best in the US and a state rank of 4th best out of 3230 and 120 counties, respectively.

Power Companies in Carter County, Kentucky

FAQ

What electricity company is the largest supplier in Carter County, Kentucky?

The largest electricity provider in Carter County, Kentucky by total customer count is Kentucky Power.

Which electricity companies offer service in Carter County, Kentucky?

County Customers RankProviderEst. County Customers
1Kentucky Power8,310
2Grayson RECC3,727
3Olive Hill Utilities1,202

How many electric companies offer service in Carter County, Kentucky?

Carter County, Kentucky is home to 3 electricity providers offering service in the area.

Alex Zdanov
Last Reviewed By: Alex Zdanov
Published: 2024-04-26