Electricity Rates, Plans & Statistics
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About Kentucky Power
Kentucky Power is an investor owned company supplying electricity in 20 counties within the state of Kentucky including Pike County, Boyd County, Greenup County, Floyd County, and Perry County. A total of 1,061 industrial customers, 30,537 commercial customers and 133,363 residential customer accounts purchase their electricity from the provider. Kentucky Power averages 15.64 cents per kilowatt hour charged to their patrons for residential electricity, which is 30.13% more than the average state rate of 12.02 cents. Kentucky Power had total sales and disposition of 5,962,464 megawatt hours in 2020, of which 469,831 were by way of wholesale channels. During the same timeframe, the company generated 2,718,573 megawatt hours and procured 3,243,891 megawatt hours by way of the wholesale market. In 2020 the provider had total electricity related revenue of $552,756,000, with 90.69% coming from retail sales and 3.40% from wholesale sales.
The national average monthly residential electricity bill is $125.95, while the Kentucky Power average is 48.92% more at $187.56 per month. Kentucky Power is the 2876th ranked provider in the country for average monthly bill amount. Generation by the provider from natural gas totals 550,541 megawatt hours, which is about 15.90% of their total generation. The company is the 107th highest producer of megawatt hours from coal in the nation out of 3509 providers. Production facilities associated with or owned by Kentucky Power generate a total of 3,462,247.26 megawatt hours, which is the 193rd highest in the nation out of 3509 providers.
Luckily, Kentucky Power allows consumers to participate in net metering programs. Installation of solar panels and alternative electricity sources is often too expensive for residents. Net metering allows purchasers of these electricity sources to sell extra megawatt hours back into the grid, making the installation of these alternative sources economically viable.
Kentucky Power reported an annual loss of around 6.31% of the electricity that they generate. Loss of electricity due to heat dissipation during electricity transmission and other causes is a reality of being in the electricity generation business and electricity providers must report these losses to government agencies who track electricity infrastructure efficiencies. The state of Kentucky has an energy loss average of 3.52% and the US average is 2.76%, giving Kentucky Power a rank of 1200th best out of 3509 providers reporting energy loss in the US.
Kentucky Power Rate & Electric Bills
Kentucky Power residential electric rates are highest in January and the highest average bill is in January.
Historical Electricity Rates:
Kentucky Power Overview
- Company Type:Investor Owned
- Parent Company:American Electric Power
- Headquarters:1645 Winchester Avenue
Ashland, Kentucky 41101
United States of America
- CEO:Brett Mattison
Kentucky Power Contact
- Customer Service Phone:(800) 572-1113
- Contact Page:www.kentuckypower.com
- Social Media:
Kentucky Power Service
- Rates & Plans:www.kentuckypower.com
- Outage Map:outagemap.kentuckypower.com.s3.amazonaws.com
- States Served:
- Counties Served:
- Pike County
- Boyd County
- Greenup County
- Floyd County
- Perry County
- Major Cities Served:See all cities
- Table Of Contents:
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Quick Facts About Kentucky Power
Kentucky Power produces 3,462,247.26 megawatt hours from non-renewable fuels, which is 167th in the United States out of 3509 companies.
Kentucky Power's energy loss due to business operations.
Total Energy Loss
1200 National Rank
Kentucky Power Energy Makeup
Kentucky Power Coverage Map
Kentucky Power State Coverage
|State||Customers||Sales ($)||State Rank Based On Revenue||% of Provider's Residential Sales in State|
Kentucky Power County Coverage
|County||Population||Providers||Avg. County Rate (¢)||Avg. Electric Bill|
Power Plants Owned by Kentucky Power
|Plant||City/County||State||Primary Fuel Type||Production (MWh)||Emission (kg)||Emissions/MWh||Toxic Chemical Release||Closing Date|
Big SandyKentucky Power (100.00%)
|Lawrence County||KY||Natural Gas||550,541||300,781,222||546.34|
Kentucky Power Fuel Makeup
Cities Kentucky Power Has Coverage
- Allen, KY
- Ashland, KY
- Bellefonte, KY
- Blackey, KY
- Buckhorn, KY
- Catlettsburg, KY
- Coal Run Village, KY
- Elkhorn City, KY
- Flatwoods, KY
- Fleming-Neon, KY
- Grayson, KY
- Greenup, KY
- Hazard, KY
- Hindman, KY
- Hyden, KY
- Inez, KY
- Jackson, KY
- Jenkins, KY
- Louisa, KY
- Martin, KY
- Olive Hill, KY
- Paintsville, KY
- Pikeville, KY
- Pippa Passes, KY
- Prestonsburg, KY
- Raceland, KY
- Russell, KY
- Salyersville, KY
- South Shore, KY
- Vicco, KY
- Warfield, KY
- Wayland, KY
- West Liberty, KY
- Wheelwright, KY
- Whitesburg, KY
- Worthington, KY
- Wurtland, KY
* City coverage generated based on government data. Always verify you can get service from the provider.
Kentucky Power Reviews
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Kentucky Power FAQ:
What percentage of Kentucky Power's electricity is produced from nonrenewable fuel sources?
Kentucky Power produces 100.00% of their electricity using nonrenewable fuel sources.
How many counties does Kentucky Power offer service in?
There are 20 counties that receive at least some electricity coverage by Kentucky Power including Kentucky.
What is the average bundled electricity rate for Kentucky Power customers?
Kentucky Power's current average bundled electricity rate is 15.64 cents per kilowatt hour (¢/kWh), compared to the average state bundled rate of 12.02 cents and the average United States rate of 14.11 cents.
What is the average bundled bill for Kentucky Power customers each month?
Currently, the average monthly bundled electric bill for customers of Kentucky Power is $187.56. The Kentucky average bundled bill is $129.38 and the national average is $129.38.
What is the phone number for Kentucky Power?
You can reach Kentucky Power by phone via (800) 572-1113.
What company is Kentucky Power owned by?
American Electric Power is the owner of Kentucky Power.
Who is the CEO of Kentucky Power?
Brett Mattison is the current CEO of Kentucky Power.
What percentage of Kentucky Power's electricity is generated from renewable fuels?
Kentucky Power produces 0% of their electricity using renewable fuels.
How many power plants are owned by or associated with Kentucky Power?
There are 3 power plants owned by or associated with Kentucky Power.
What cities does Kentucky Power offer service in?
Kentucky Power provides electricity to 37 cities in the country including Kentucky.