Madison County, KY: Electricity Rates, Providers & More

Madison County, Kentucky Electricity Rates & Statistics

Electricity Rates, Plans & Statistics

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Madison County, Kentucky Electricity Overview

Madison County citizens are responsible for 12,212.49 kilograms of CO2 emissions per person, while the nationwide average emissions per capita is 4,159.32.

With a national average residential electric bill of $138.02, Madison County residents pay about 4.83% more than their fellow countrymen per month for electricity.

The largest electricity supplier in Madison County by megawatt hours sold is Kentucky Utilities.

Madison County has a population of 95,187 residents.

No electricity generation takes place in Madison County.

Madison County's average residential electricity rate is 12.45 cents per kilowatt hour, which is 22.22% lower than the US average rate of 16.01 cents per kilowatt hour.

ENERGY CONSUMPTION

  • Total Consumption

    1,488,572 MWh

  • Consumption per Capita

    15.64 MWh

EMISSIONS

  • CO2 Emissions

    1,162,470,329 kg

  • CO2 Emissions per Capita

    12,212.49 kg

Recent Energy News in Richmond

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

Top Headlines

Residential Electricity Prices

Commercial Electricity Prices

Industrial Electricity Prices

Richmond Electricity Pricing Data

Average Residential Electricity Rate for January, 2024

11.67¢ per kWh

  • 0.84% higher than last month
  • 3.18% lower than January last year
  • 5.4% lower than the Kentucky average
  • 25.24% lower than the US average
  • 186th in the state out of 484 cities
  • The state rank has increased by 57 since last month
  • The state rank has increased by 2 since January last year
  • 5,858th in the US out of 26,964 cities
  • The national rank has dropped by 1,664 since last month
  • The national rank has increased by 600 since January last year

12 Month Rolling Average Residential Rate

12¢ per kWh

  • 0.27% lower than last month
  • 2.81% lower than January last year
  • 4.64% lower than the Kentucky average
  • 29.29% lower than the US average
  • 196th in the state out of 484 cities
  • The state rank is the same since last month
  • The state rank has dropped by 7 since January last year
  • 3,758th in the US out of 26,964 cities
  • The national rank has increased by 518 since last month
  • The national rank has increased by 1,647 since January last year

Average Residential Electricity Bill for January, 2024

$214.84 per month

  • 48.54% higher than last month
  • 32.91% higher than January last year
  • 10.13% higher than the Kentucky average
  • 42.31% higher than the US average
  • 358th in the state out of 484 cities
  • The state rank has dropped by 1 since last month
  • The state rank has dropped by 205 since January last year
  • 24,552nd in the US out of 26,964 cities
  • The national rank has dropped by 6,854 since last month
  • The national rank has dropped by 5,808 since January last year

12 Month Rolling Average Residential Bill

$128.41 per month

  • 3.58% higher than last month
  • 6.61% lower than January last year
  • 0.66% lower than the Kentucky average
  • 3.21% lower than the US average
  • 338th in the state out of 484 cities
  • The state rank has dropped by 9 since last month
  • The state rank has dropped by 165 since January last year
  • 11,938th in the US out of 26,964 cities
  • The national rank has dropped by 1,141 since last month
  • The national rank has increased by 3,152 since January last year

Average Commercial Electricity Rate for January, 2024

11.53¢ per kWh

  • 3.07% lower than last month
  • 9.66% lower than January last year
  • 3.14% lower than the Kentucky average
  • 13.54% lower than the US average
  • 278th in the state out of 484 cities
  • The state rank has dropped by 94 since last month
  • The state rank has increased by 58 since January last year
  • 11,358th in the US out of 26,992 cities
  • The national rank has increased by 1,793 since last month
  • The national rank has increased by 2,758 since January last year

12 Month Rolling Average Commercial Rate

11.68¢ per kWh

  • 0.87% lower than last month
  • 4.5% lower than January last year
  • 0.45% lower than the Kentucky average
  • 17.51% lower than the US average
  • 329th in the state out of 484 cities
  • The state rank is the same since last month
  • The state rank is the same since January last year
  • 11,180th in the US out of 26,992 cities
  • The national rank has increased by 529 since last month
  • The national rank has increased by 1,858 since January last year

Average Commercial Electricity Bill for January, 2024

$656.87 per month

  • 24.5% higher than last month
  • 12.25% higher than January last year
  • 2.93% lower than the Kentucky average
  • 59.69% lower than the US average
  • 159th in the state out of 484 cities
  • The state rank has increased by 176 since last month
  • The state rank has increased by 176 since January last year
  • 16,189th in the US out of 26,992 cities
  • The national rank has dropped by 2,613 since last month
  • The national rank has dropped by 2,283 since January last year

12 Month Rolling Average Commercial Bill

$554.54 per month

  • 1.09% higher than last month
  • 5.3% lower than January last year
  • 8.77% lower than the Kentucky average
  • 66.12% lower than the US average
  • 335th in the state out of 484 cities
  • The state rank is the same since last month
  • The state rank has dropped by 21 since January last year
  • 13,270th in the US out of 26,992 cities
  • The national rank has dropped by 303 since last month
  • The national rank has increased by 788 since January last year

Average Industrial Electricity Rate for January, 2024

7.91¢ per kWh

  • 7.8% higher than last month
  • 3.7% higher than January last year
  • 1.53% lower than the Kentucky average
  • 19.55% lower than the US average
  • 320th in the state out of 484 cities
  • The state rank has dropped by 3 since last month
  • The state rank has dropped by 60 since January last year
  • 12,509th in the US out of 26,382 cities
  • The national rank has dropped by 3,546 since last month
  • The national rank has dropped by 2,280 since January last year

12 Month Rolling Average Industrial Rate

7.34¢ per kWh

  • 0.32% higher than last month
  • 0.96% lower than January last year
  • 0.68% lower than the Kentucky average
  • 28.19% lower than the US average
  • 321st in the state out of 484 cities
  • The state rank has dropped by 58 since last month
  • The state rank has dropped by 134 since January last year
  • 8,649th in the US out of 26,382 cities
  • The national rank has dropped by 1,168 since last month
  • The national rank has dropped by 1,309 since January last year

Average Industrial Electricity Bill for January, 2024

$24,469.7 per month

  • 12.24% higher than last month
  • 5.45% higher than January last year
  • 69.41% lower than the Kentucky average
  • 27.42% lower than the US average
  • 291st in the state out of 484 cities
  • The state rank has increased by 4 since last month
  • The state rank has increased by 3 since January last year
  • 18,589th in the US out of 26,382 cities
  • The national rank has dropped by 1,301 since last month
  • The national rank has dropped by 1,098 since January last year

12 Month Rolling Average Industrial Bill

$22,369.93 per month

  • 0.47% higher than last month
  • 1.29% lower than January last year
  • 65.69% lower than the Kentucky average
  • 34.61% lower than the US average
  • 297th in the state out of 484 cities
  • The state rank is the same since last month
  • The state rank is the same since January last year
  • 17,606th in the US out of 26,382 cities
  • The national rank has increased by 52 since last month
  • The national rank has dropped by 428 since January last year

Richmond, KY Electricity Overview

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Inhabitants who call Richmond home spend, on average, 12.07 cents per kilowatt hour for their electricity , which is lower than both the state and the United States average prices of 12.45 and 16.01 cents per kilowatt hour, respectively. With an estimated 2,129 residential customers, Kentucky Utilities is the largest supplier in the city.

Tracking emissions on a per capita basis shows us the emissions efficiency of a city. Richmond averages 12,212.49 kilograms of CO2 emissions per resident due to electricity use. This results in a total emissions amount from electricity use of 423,309,344.2 kilograms of CO2 emissions. The city has no electricity production sources, resulting in the need to import the 542,058.2 megawatt hours the residents consume annually.

Average Residential Electricity Bills & Rates in Richmond

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

Historical Electricity Rates:

Price Per kWhAverage Bill$0.130/kWh$0.092/kWh$214.84/mo.$81.36/mo.
154th12.07¢Average residential price per kWh in the city of Richmond
312th$133.03Average residential monthly electricity bill for Richmond Residents

Electric Companies With Service in Richmond, Kentucky

ProviderService TypeResidential Rate (¢)Residential Average Bill ($)City Production (MWh)Residential Sales (MWh)Residential Revenues ($)
Blue Grass EnergyBUNDLED12.49154.82875,129109,313,000
Clark Energy CooperativeBUNDLED13.51148.36337,70445,636,000
Kentucky UtilitiesBUNDLED11.93128.465,775,382.75689,016,099

Berea, KY Electricity Overview

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Inhabitants who call Berea home spend, on average, 11.18 cents per kilowatt hour for their electricity , which is lower than both the state and the United States average prices of 12.45 and 16.01 cents per kilowatt hour, respectively. The average monthly residential electricity bill for a citizen in the city is $129.72 per month, while the national average is $138.02. Berea Municipal Utilities sells an estimated 51,982.27 megawatt hours in the city each year, which is more than all other suppliers.

Tracking emissions on a per capita basis shows us the emissions efficiency of a city. Berea averages 12,212.49 kilograms of CO2 emissions per resident due to electricity use. This results in a total emissions amount from electricity use of 188,866,164.91 kilograms of CO2 emissions. The city has no electricity production sources, resulting in the need to import the 241,847.85 megawatt hours the residents consume annually.

Average Residential Electricity Bills & Rates in Berea

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

Historical Electricity Rates:

Price Per kWhAverage Bill$0.100/kWh$0.082/kWh$146.20/mo.$68.88/mo.
9th11.18¢Average residential price per kWh in the city of Berea
272nd$129.72Average residential monthly electricity bill for Berea Residents

Electric Companies With Service in Berea, Kentucky

ProviderService TypeResidential Rate (¢)Residential Average Bill ($)City Production (MWh)Residential Sales (MWh)Residential Revenues ($)
Berea Municipal UtilitiesBUNDLED9.1290.1155,267.515,038,760
Blue Grass EnergyBUNDLED12.49154.82875,129109,313,000

Zips with electric coverage in Berea, Kentucky include: 40403, 40461, 40404

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Madison County, Kentucky Details

Madison County, Kentucky Net Metering

Of the 5 electric companies in Madison County, 5 of them report that they offer net metering. Consumers in Kentucky have restricted net metering laws and regulations that encourage the installation of solar.

Energy Loss

The average energy loss for electricity providers in Madison County is 4.42%. This includes data from 5 suppliers, including Kentucky Utilities, Blue Grass Energy, and Berea Municipal Utilities. With a nationwide average energy loss of 2.87%, Madison County is ranked as the 1314th best county in the United States for energy loss efficiency.

FAQ

Which electricity companies offer service in Madison County, Kentucky?

County Customers RankProviderEst. County Customers
1Kentucky Utilities14,466
2Blue Grass Energy8,175
3Berea Municipal Utilities5,299
4Clark Energy Cooperative2,318
5Inter County Energy151

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

By total revenue, Kentucky Utilities is the largest electricity company in Madison County, Kentucky.

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

There are 5 electricity companies serving customers in Madison County, Kentucky.

Alex Zdanov
Last Reviewed By: Alex Zdanov
Published: 2024-04-09