Kentucky Power

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 1,073 industrial customers, 30,545 commercial customers and 133,599 residential customer accounts purchase their electricity from the provider. Kentucky Power averages 14.95 cents per kilowatt hour charged to their patrons for residential electricity, which is 28.03% more than the average state rate of 11.68 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 $121.23, while the Kentucky Power average is 47.80% more at $179.17 per month. Kentucky Power is the 2852nd 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 15.01% of their total generation. The company is the 105th 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 3,667,642.87 megawatt hours, which is the 192nd highest in the nation out of 3509 providers.

Kentucky Power Net Metering

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.

Energy Loss

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:

Price Per kWhAverage Bill$0.182/kWh$0.110/kWh$265.14/mo.$105.11/mo.
2508th14.95¢Kentucky Power's Average residential price per kWh
2852nd$179.17Average monthly electricity bill for Kentucky Power's residential customers

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

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Quick Facts About Kentucky Power

Kentucky Power produces 3,667,642.87 megawatt hours from non-renewable fuels, which is 167th in the United States out of 3509 companies.

Energy Loss

Kentucky Power's energy loss due to business operations.

-6.31%

Total Energy Loss

376,155MWh

1200 National Rank

Kentucky Power Energy Makeup

Kentucky Power Coverage Map

Coverage Map Placeholder

Kentucky Power State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Kentucky165,217605,749,5444100%

Kentucky Power County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Boyd County48,261114.62$179.18/mo
Breathitt County13,718213.53$156.02/mo
Carter County26,627314.18$155.95/mo
Clay County20,345311.48$132.88/mo
Elliott County7,354213.80$136.73/mo
Floyd County35,942213.19$157.66/mo
Greenup County35,962314.05$149.77/mo
Johnson County22,680212.16$141.97/mo
Knott County14,251214.05$170.54/mo
Lawrence County16,293314.22$167.75/mo

Power Plants Owned by Kentucky Power

PlantCity/CountyStatePrimary Fuel TypeProduction (MWh)Emission (kg)Emissions/MWhToxic Chemical ReleaseClosing Date
Spencer County IN Coal 4,909,2195,092,579,206.291,037.35
Marshall County WV Coal 4,761,438.034,665,654,016.87979.88
Lawrence County KY Natural Gas 550,541300,781,222546.34

Kentucky Power Fuel Makeup

COAL
Coal
Coal
Coal
Coal
Coal
Coal
Coal
Coal
Coal
84.45%
NATURAL GAS
Natural Gas
Natural Gas
15.01%
DISTILLATE FUEL OIL
Distillate Fuel Oil
0.54%

Cities Kentucky Power Has Coverage

* 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 14.95 cents per kilowatt hour (¢/kWh), compared to the average state bundled rate of 11.68 cents and the average United States rate of 13.71 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 $179.17. The Kentucky average bundled bill is $124.03 and the national average is $124.03.

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.

Last Reviewed By: Fernando García
Published: 2022-08-01